100+ datasets found
  1. Weekly oil prices in Brent, OPEC basket, and WTI futures 2020-2025

    • statista.com
    Updated Sep 16, 2025
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    Statista (2025). Weekly oil prices in Brent, OPEC basket, and WTI futures 2020-2025 [Dataset]. https://www.statista.com/statistics/326017/weekly-crude-oil-prices/
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    Dataset updated
    Sep 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 6, 2020 - Sep 15, 2025
    Area covered
    Worldwide
    Description

    On September 15, 2025, the Brent crude oil price stood at 67.45 U.S. dollars per barrel, compared to 63.3 U.S. dollars for WTI oil and 71.01 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

  2. k

    Crude Oil Prices

    • data.kapsarc.org
    • datasource.kapsarc.org
    Updated Oct 10, 2022
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    (2022). Crude Oil Prices [Dataset]. https://data.kapsarc.org/explore/dataset/crude-oil-prices-us-dollarsbarrel-1981-2015/?flg=ar-001
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    Dataset updated
    Oct 10, 2022
    Description

    This dataset contains information about world's crude oil prices for 1861-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes: 1861-1944 US Average 1945-1983 Arabian Light posted at Ras Tanura 1984-2016 Brent dated. $2020 (deflated using the Consumer Price Index for the US

  3. T

    Thailand Petroleum Product Price: Ex Refinery: Gasohol 95: E20

    • ceicdata.com
    Updated Aug 8, 2018
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    CEICdata.com (2018). Thailand Petroleum Product Price: Ex Refinery: Gasohol 95: E20 [Dataset]. https://www.ceicdata.com/en/thailand/price-of-petroleum-products
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    Dataset updated
    Aug 8, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 1, 2017 - Jun 1, 2018
    Area covered
    Thailand
    Variables measured
    Energy
    Description

    Petroleum Product Price: Ex Refinery: Gasohol 95: E20 data was reported at 18.900 THB/l in Jun 2018. This records a decrease from the previous number of 19.020 THB/l for May 2018. Petroleum Product Price: Ex Refinery: Gasohol 95: E20 data is updated monthly, averaging 19.637 THB/l from Jan 2008 (Median) to Jun 2018, with 126 observations. The data reached an all-time high of 27.480 THB/l in Jun 2008 and a record low of 12.265 THB/l in Dec 2008. Petroleum Product Price: Ex Refinery: Gasohol 95: E20 data remains active status in CEIC and is reported by Energy Policy and Planning Office. The data is categorized under Global Database’s Thailand – Table TH.P007: Price of Petroleum Products.

  4. k

    Spot Oil Prices

    • datasource.kapsarc.org
    • data.kapsarc.org
    Updated Oct 10, 2022
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    (2022). Spot Oil Prices [Dataset]. https://datasource.kapsarc.org/explore/dataset/crude-oil-prices-1972-2015/
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    Dataset updated
    Oct 10, 2022
    Description

    This dataset contains information about world's spot oil prices for 1972-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research. Notes:
    * 1972 - 1985 Arabian Light, 1986 - 2020 Dubai dated.

    † 1976 -1983 Forties, 1984 -2020 Brent dated.‡ 1976 -1983 Posted WTI prices, 1984 - 2020 Spot WTI (Cushing) prices.

  5. A

    Australia Weekly Average Petrol Retail Prices: National

    • ceicdata.com
    Updated Mar 23, 2025
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    CEICdata.com (2025). Australia Weekly Average Petrol Retail Prices: National [Dataset]. https://www.ceicdata.com/en/australia/average-petrol-and-diesel-prices-weekly/weekly-average-petrol-retail-prices-national-
    Explore at:
    Dataset updated
    Mar 23, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 5, 2025 - Mar 23, 2025
    Area covered
    Australia
    Variables measured
    Energy
    Description

    Australia Weekly Average Petrol Retail Prices: National data was reported at 173.800 0.01 AUD/l in 11 May 2025. This records a decrease from the previous number of 178.200 0.01 AUD/l for 04 May 2025. Australia Weekly Average Petrol Retail Prices: National data is updated weekly, averaging 175.400 0.01 AUD/l from Aug 2019 (Median) to 11 May 2025, with 300 observations. The data reached an all-time high of 212.500 0.01 AUD/l in 20 Mar 2022 and a record low of 98.263 0.01 AUD/l in 03 May 2020. Australia Weekly Average Petrol Retail Prices: National data remains active status in CEIC and is reported by Australian Institute of Petroleum. The data is categorized under Global Database’s Australia – Table AU.P007: Average Petrol and Diesel Prices: Weekly . [COVID-19-IMPACT]

  6. T

    Gasoline - Price Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Sep 22, 2025
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    TRADING ECONOMICS (2025). Gasoline - Price Data [Dataset]. https://tradingeconomics.com/commodity/gasoline
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Sep 22, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 3, 2005 - Sep 22, 2025
    Area covered
    World
    Description

    Gasoline rose to 1.98 USD/Gal on September 22, 2025, up 0.54% from the previous day. Over the past month, Gasoline's price has fallen 8.00%, and is down 1.12% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on September of 2025.

  7. Petrol price index Singapore 2019-2024

    • statista.com
    Updated Aug 6, 2025
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    Statista (2025). Petrol price index Singapore 2019-2024 [Dataset]. https://www.statista.com/statistics/1488127/singapore-petrol-price-index/
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    Dataset updated
    Aug 6, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Singapore
    Description

    As of June 2024, the petrol price index in Singapore was 1920, indicating a slight decrease compared to the previous year. The petrol price index compares the average petrol prices to average salaries in a given year. The higher the index, the more petrol can be purchased by the average salary in a country.

  8. U

    Uruguay Fuel Price: Petroleum: Gas Oil 50-S

    • ceicdata.com
    Updated Dec 9, 2022
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    CEICdata.com (2022). Uruguay Fuel Price: Petroleum: Gas Oil 50-S [Dataset]. https://www.ceicdata.com/en/uruguay/energy-statistics-petroleum/fuel-price-petroleum-gas-oil-50s
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    Dataset updated
    Dec 9, 2022
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Aug 1, 2017 - Jul 1, 2018
    Area covered
    Uruguay
    Variables measured
    Merchandise Trade
    Description

    Uruguay Fuel Price: Petroleum: Gas Oil 50-S data was reported at 40.400 UYU/l in Jul 2018. This stayed constant from the previous number of 40.400 UYU/l for Jun 2018. Uruguay Fuel Price: Petroleum: Gas Oil 50-S data is updated monthly, averaging 38.700 UYU/l from May 2014 (Median) to Jul 2018, with 51 observations. The data reached an all-time high of 41.800 UYU/l in Jun 2017 and a record low of 37.700 UYU/l in Jun 2015. Uruguay Fuel Price: Petroleum: Gas Oil 50-S data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Uruguay – Table UY.RB003: Energy Statistics: Petroleum.

  9. S

    Sweden Fuel Price: Avg: Diesel

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). Sweden Fuel Price: Avg: Diesel [Dataset]. https://www.ceicdata.com/en/sweden/fuel-price/fuel-price-avg-diesel
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 1, 2019 - Aug 1, 2020
    Area covered
    Sweden
    Description

    Sweden Fuel Price: Avg: Diesel data was reported at 14.180 SEK/l in Aug 2020. This records a decrease from the previous number of 14.430 SEK/l for Jul 2020. Sweden Fuel Price: Avg: Diesel data is updated monthly, averaging 12.020 SEK/l from Dec 1980 (Median) to Aug 2020, with 267 observations. The data reached an all-time high of 16.680 SEK/l in Oct 2018 and a record low of 1.480 SEK/l in Dec 1980. Sweden Fuel Price: Avg: Diesel data remains active status in CEIC and is reported by Swedish Petroleum and Biofuels Institute. The data is categorized under Global Database’s Sweden – Table SE.P003: Fuel Price.

  10. y

    US Retail Diesel Price

    • ycharts.com
    html
    Updated Sep 16, 2025
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    Energy Information Administration (2025). US Retail Diesel Price [Dataset]. https://ycharts.com/indicators/us_retail_diesel_price
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    htmlAvailable download formats
    Dataset updated
    Sep 16, 2025
    Dataset provided by
    YCharts
    Authors
    Energy Information Administration
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Mar 21, 1994 - Sep 15, 2025
    Area covered
    United States
    Variables measured
    US Retail Diesel Price
    Description

    View weekly updates and historical trends for US Retail Diesel Price. from United States. Source: Energy Information Administration. Track economic data w…

  11. T

    United States Gasoline Prices

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, United States Gasoline Prices [Dataset]. https://tradingeconomics.com/united-states/gasoline-prices
    Explore at:
    xml, excel, json, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1991 - Aug 31, 2025
    Area covered
    United States
    Description

    Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in August. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  12. Gas Oil Price

    • indexbox.io
    doc, docx, pdf, xls +1
    Updated Sep 1, 2025
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    IndexBox Inc. (2025). Gas Oil Price [Dataset]. https://www.indexbox.io/search/gas-oil-price/
    Explore at:
    doc, xlsx, xls, pdf, docxAvailable download formats
    Dataset updated
    Sep 1, 2025
    Dataset provided by
    IndexBox
    Authors
    IndexBox Inc.
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2012 - Sep 19, 2025
    Area covered
    World
    Variables measured
    Price CIF, Price FOB, Export Value, Import Price, Import Value, Export Prices, Export Volume, Import Volume
    Description

    Explore the complex factors influencing gas oil prices, a key fuel for industries like transportation and agriculture. From crude oil costs to refining, distribution, market speculation, and government policies, discover how economic conditions and geopolitical elements shape the pricing structure.

  13. Fuel Oil Price Trend and Forecast

    • procurementresource.com
    Updated Jul 28, 2022
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    Procurement Resource (2022). Fuel Oil Price Trend and Forecast [Dataset]. https://www.procurementresource.com/resource-center/fuel-oil-price-trends
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    pdf, excel, csv, pptAvailable download formats
    Dataset updated
    Jul 28, 2022
    Dataset provided by
    Authors
    Procurement Resource
    License

    https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy

    Time period covered
    Jan 1, 2014 - Sep 22, 2027
    Area covered
    Europe, Middle East & Africa, North America, Asia, Latin America
    Description

    Get the latest insights on price movement and trend analysis of Fuel Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

  14. Gasoline retail price per month in the U.S. 2020-2025, by fuel grade

    • statista.com
    Updated Aug 11, 2025
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    Statista (2025). Gasoline retail price per month in the U.S. 2020-2025, by fuel grade [Dataset]. https://www.statista.com/statistics/204133/retail-prices-of-motor-fuel-in-the-united-states-since-2009/
    Explore at:
    Dataset updated
    Aug 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jul 2025
    Area covered
    United States
    Description

    U.S. gasoline prices decreased across all fuel grades in July 2025 when compared to the month before. Regular gasoline prices fell to an average of 3.13 U.S. dollars per gallon. In the period of consideration, gasoline prices reached their highest level in June 2022. Differences in fuel grades Fuel grades at U.S. gas stations are differentiated by octane level. Higher grade fuels have higher octane levels, meaning that the fuel can be compressed more in the engine. This enables high-performance engines to create more power. Fuel may also vary from state to state and pump to pump. Some cities also have regulations on gasoline in order to improve air quality. Bioethanol is added to gasoline in some cases to meet the renewable fuel standard. Gasoline-run engines are able to run on blends with a bioethanol percentage of up to 25 percent. Gasoline prices reach historic high Primarily a result of the Russia-Ukraine war and inflation, the annual retail price of gasoline reached a new historic high in 2022, climbing to nearly four U.S. dollars per gallon. By 2024, annual prices had decreased again slightly, reaching 2014 levels.

  15. P

    Pacific Fuel Price Monitor - January - March 2019 (Quarter1.2019)

    • pacificdata.org
    pdf
    Updated Feb 15, 2022
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    SPC Geoscience, Energy and Maritime Division (GEM) (2022). Pacific Fuel Price Monitor - January - March 2019 (Quarter1.2019) [Dataset]. https://pacificdata.org/data/dataset/activity/pacific-fuel-price-monitor-january-march-2019-quarter1-20191
    Explore at:
    pdfAvailable download formats
    Dataset updated
    Feb 15, 2022
    Dataset provided by
    SPC Geoscience, Energy and Maritime Division (GEM)
    Description

    The Pacific Fuel Price Monitor highlights the quarterly average(January - March 2019) Petroleum prices in the Pacific Island Countries inclusive of Australia and New Zealand.

    WHAT’S INSIDE
    1. Pacific fuel prices at a glance
    2. Key observations – Pacific fuel prices
    3. Unleaded motor gasoline (mogas) prices
    4. Automotive diesel oil (ADO) prices
    5. Kerosene prices
    6. Liquefied petroleum gas (LPG)
    7. Pacific Island countries and territories (PICTs) fuel pricing methodologies
    8. Glossary

    We wish to thank the focal points from respective Pacific Island Countries who has submitted petroleum prices for there respective country that has enable us to produce this article.

    Disclaimer: While reasonable efforts have been made to ensure the accuracy and reliability of the material in this document, SPC cannot guarantee that the information contained in the report is free from errors or omissions. SPC does not accept any liability, contractual or otherwise, for the contents of this report for any consequences arising from its use

  16. w

    Energy Trends and Prices statistical release: 26 August 2021

    • gov.uk
    Updated Aug 26, 2021
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    Department for Business, Energy & Industrial Strategy (2021). Energy Trends and Prices statistical release: 26 August 2021 [Dataset]. https://www.gov.uk/government/statistics/energy-trends-and-prices-statistical-release-26-august-2021
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    Dataset updated
    Aug 26, 2021
    Dataset provided by
    GOV.UK
    Authors
    Department for Business, Energy & Industrial Strategy
    Description

    Energy production and consumption statistics are provided in total and by fuel and provide an analysis of the latest 3 months data compared to the same period a year earlier. Energy price statistics cover domestic price indices, prices of road fuels and petroleum products and comparisons of international road fuel prices.

    Energy production and consumption

    Highlights for the 3 month period April 2021 to June 2021, compared to the same period a year earlier include:

    • primary energy consumption in the UK on a fuel input basis rose by 22%, with petroleum consumption increasing month on month since February 2021 as lockdown restrictions have been lifted. On a temperature adjusted basis consumption rose by 12%. (table ET 1.2) and (table ET 3.13)
    • indigenous energy production fell by 28% to a record 21st century quarterly low level, due to maintenance activities and less favourable weather conditions for renewable technologies. (table ET 1.1)
    • electricity generation by Major Power Producers up 12%, with coal up significantly from a low 2020 baseline, nuclear down 3.9% due to outages and renewables down 8.9% due to less favourable weather conditions, but gas up 41% to meet shortfall.* (table ET 5.4)
    • gas provided 48.5% of electricity generation by Major Power Producers, with renewables at 31.1%, nuclear at 18.3% and coal at 1.2%.* (table ET 5.4)
    • low carbon share of electricity generation by Major Power Producers down 10.4 percentage points to 49.4%, whilst fossil fuel share of electricity generation stood at 49.9%.* (table ET 5.4)

    *Major Power Producers (MPPs) data published monthly, all generating companies data published quarterly.

    Energy prices

    Highlights for August 2021 compared to July 2021:

    • petrol and diesel prices rose by 1.8 and 1.6 pence per litre respectively. (table QEP 4.1.1)

    Contacts

    Warren Evans, Lead Statistician.

    Email: warren.evans@beis.gov.uk

    Telephone: 0300 068 5059

    For press enquiries, email newsdesk@beis.gov.uk or telephone 020 7215 1000.

    Data periods and coverage

    Statistics on monthly production and consumption of coal, electricity, gas, oil and total energy include data for the UK for the period up to the end of June 2021.

    Statistics on average temperatures, wind speeds, sun hours and rainfall include data for the UK for the period up to the end of July 2021.

    Statistics on energy prices include retail price data for the UK for July 2021, and petrol & diesel data for August 2021, with EU comparative data for July 2021.

    Next release

    The next release of provisional monthly energy statistics will take place on Thursday 30 September 2021.

    Data tables

    To access the data tables associated with this release please click on the relevant subject link(s) below. For further information please use the contact details provided.

    Please note that the links below will always direct you to the latest data tables. If you are interested in historical data tables please contact BEIS (kevin.harris@beis.gov.uk)

    Subject and table numberEnergy production and consumption, and weather data
    Total EnergyContact: Energy statistics, Tel: 0300 068 5041
    ET 1.1Indigenous production of primary fuels
    ET

  17. N

    Nepal Wholesale Price: Petrol: Dipayal

    • ceicdata.com
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    CEICdata.com, Nepal Wholesale Price: Petrol: Dipayal [Dataset]. https://www.ceicdata.com/en/nepal/wholesale-prices-petroleum-products/wholesale-price-petrol-dipayal
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 1, 2007 - Jul 1, 2017
    Area covered
    Nepal
    Variables measured
    Domestic Trade Price
    Description

    Nepal Wholesale Price: Petrol: Dipayal data was reported at 97,361.500 NPR/kl in 2017. This records an increase from the previous number of 95,288.450 NPR/kl for 2016. Nepal Wholesale Price: Petrol: Dipayal data is updated yearly, averaging 97,361.500 NPR/kl from Jul 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 129,780.390 NPR/kl in 2014 and a record low of 66,101.380 NPR/kl in 2007. Nepal Wholesale Price: Petrol: Dipayal data remains active status in CEIC and is reported by Ministry of Finance. The data is categorized under Global Database’s Nepal – Table NP.P001: Wholesale Prices: Petroleum Products .

  18. f

    Latest & Historical Fuel Prices in Netherlands

    • fuel-prices.eu
    html
    Updated Feb 6, 2021
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    fuel-prices.eu (2021). Latest & Historical Fuel Prices in Netherlands [Dataset]. https://www.fuel-prices.eu/Netherlands(NL)/
    Explore at:
    htmlAvailable download formats
    Dataset updated
    Feb 6, 2021
    Dataset provided by
    European Union-
    License

    https://www.fuel-prices.eu/a/terms.phphttps://www.fuel-prices.eu/a/terms.php

    Time period covered
    Jan 1, 2005 - Dec 31, 2025
    Area covered
    Netherlands
    Description

    Latest fuel prices in Netherlands from EU Weekly Oil Bulletin, plus historical data from 2005 to 2025, including weekly and annual averages.

  19. f

    Latest & Historical Fuel Prices in Belgium

    • fuel-prices.eu
    html
    Updated Feb 6, 2021
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    fuel-prices.eu (2021). Latest & Historical Fuel Prices in Belgium [Dataset]. https://www.fuel-prices.eu/Belgium(BE)/
    Explore at:
    htmlAvailable download formats
    Dataset updated
    Feb 6, 2021
    Dataset provided by
    European Union-
    License

    https://www.fuel-prices.eu/a/terms.phphttps://www.fuel-prices.eu/a/terms.php

    Time period covered
    Jan 1, 2005 - Dec 31, 2025
    Area covered
    Belgium
    Description

    Latest fuel prices in Belgium from EU Weekly Oil Bulletin, plus historical data from 2005 to 2025, including weekly and annual averages.

  20. International Price of Petroleum

    • indexbox.io
    doc, docx, pdf, xls +1
    Updated Sep 1, 2025
    + more versions
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    IndexBox Inc. (2025). International Price of Petroleum [Dataset]. https://www.indexbox.io/search/international-price-of-petroleum/
    Explore at:
    pdf, doc, docx, xlsx, xlsAvailable download formats
    Dataset updated
    Sep 1, 2025
    Dataset provided by
    IndexBox
    Authors
    IndexBox Inc.
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2012 - Sep 18, 2025
    Area covered
    World
    Variables measured
    Price CIF, Price FOB, Export Value, Import Price, Import Value, Export Prices, Export Volume, Import Volume
    Description

    Learn about the various factors that contribute to the fluctuations in the international price of petroleum, including global supply and demand dynamics, geopolitical tensions, macroeconomic conditions, and the decisions made by major oil-producing countries and organizations like OPEC.

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Statista (2025). Weekly oil prices in Brent, OPEC basket, and WTI futures 2020-2025 [Dataset]. https://www.statista.com/statistics/326017/weekly-crude-oil-prices/
Organization logo

Weekly oil prices in Brent, OPEC basket, and WTI futures 2020-2025

Explore at:
28 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Sep 16, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jan 6, 2020 - Sep 15, 2025
Area covered
Worldwide
Description

On September 15, 2025, the Brent crude oil price stood at 67.45 U.S. dollars per barrel, compared to 63.3 U.S. dollars for WTI oil and 71.01 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

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