This dataset contains information about world's oil trade movement for 1980. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes:Unless otherwise stated, this table shows inter-regional trade based on the regional classification in the table `Oil trade in 2015 and 2016’. 1 Prior to 1993, Europe excludes Central Europe (Albania, Bulgaria, Czech Republic, Former Republic of Yugoslavia, Hungary, Poland, Romania, Slovakia). 2 Excludes intra-Middle East trade before 1993. 3 North and West African exports excludes intra-Africa trade prior to 1993. 4 Excludes Japan. Excludes trade between other Asia Pacific countries and Singapore prior to 1993.

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Annual changes and shares of total are calculated using thousand barrels daily figures.

Bunkers are not

Globally, around *********** metric tons of crude oil was transported by sea in 2024. This was still lower than the volumes reported pre-pandemic, while global oil production increased slightly over this period. Oil in the global economy and main importers Oil is the fuel that keeps the global economy running as the hydrocarbon is heavily utilized for fuel and chemical production. Worldwide production of crude oil rose from about ** million barrels in 1998 to about ** million barrels in 2024. While accounting for less than ** percent of global oil production, the Asia-Pacific region is the largest consumer of oil; over a ***** of worldwide oil consumption is concentrated here. Oil tankers in the global merchant fleet Where pipeline infrastructure between trading partners is limited, large oil volumes have to be transported by land or sea. The key passages for seaborne oil trade include the routes from Panama to China, from the Strait of Hormuz to Japan and from West Africa to India. Among the main tanker builders are companies such as the General Dynamics-owned NASSCO. Crude oil tankers were the ***** most important vessel type in the global merchant fleet.

Urals Oil rose to 63.09 USD/Bbl on August 20, 2025, up 0.96% from the previous day. Over the past month, Urals Oil's price has fallen 3.16%, and is down 13.16% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Urals Crude.

This dataset contains International Trade of Conventional Crude Oil ( Principal importers/exporters) 2014-2018. Data from United Nations Statistics Division. Follow datasource.kapsarc.org for timely data to advance energy economics research.

Quantification and analysis of global oil trade networks reveals deep insights into a nation's development and influence at a global scale. Further

The global crude oil trading market, a multi-trillion dollar industry, is characterized by intense competition among major players and significant influence from geopolitical events and macroeconomic factors. While precise market sizing data is not provided, leveraging publicly available information suggests a 2025 market value in the range of $3-4 trillion USD, reflecting the enormous volume of crude oil traded globally. The Compound Annual Growth Rate (CAGR) – while unspecified – is likely to be in the low single digits over the forecast period (2025-2033), influenced by factors such as fluctuating demand driven by global economic growth, the ongoing energy transition toward renewable sources, and OPEC+ production policies. Key drivers include increasing global energy demand from developing economies, particularly in Asia, and the continued reliance on crude oil as a primary energy source. Trends indicate a shift towards greater transparency and digitalization within trading operations, as well as a growing focus on sustainability and environmental concerns impacting trading strategies and investments in carbon capture technologies. Restraints include price volatility caused by geopolitical instability, regulatory changes, and the increasing adoption of alternative energy sources. The market is segmented by various factors including crude type (Brent, WTI, etc.), trading location (spot, futures, etc.), and geographical regions. The major players in this market, including Vitol, Trafigura, Glencore, Gunvor, and the integrated oil majors (BP, Shell, TotalEnergies, Chevron), continue to dominate the landscape due to their established networks, financial strength, and access to vast resources. However, emerging players from Asia and the Middle East are increasingly challenging this dominance. Regional dynamics significantly impact trading patterns, with North America, Europe, and Asia remaining crucial regions. The forecast period will likely witness continued consolidation within the industry, strategic partnerships, and innovation in trading technology. The overall market is expected to demonstrate resilience despite the long-term shift towards decarbonization, largely driven by the continued demand for oil, particularly in transportation and industrial sectors. This necessitates continuous adaptation and strategic planning by market participants to navigate the evolving dynamics of the crude oil trading landscape effectively.

On August 18, 2025, the Brent crude oil price stood at 66.54 U.S. dollars per barrel, compared to 63.42 U.S. dollars for WTI oil and 68.21 U.S. dollars for the OPEC basket. Oil prices remained largely unchanged that week as economic expectations stayed low.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 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.

Palm Oil rose to 4,531 MYR/T on August 22, 2025, up 1.55% from the previous day. Over the past month, Palm Oil's price has risen 4.98%, and is up 17.11% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Palm Oil - values, historical data, forecasts and news - updated on August of 2025.

Trading oil futures online offers convenience, leverage, and real-time data for making informed trading decisions. However, it comes with risks due to the volatility of oil prices. Learn about the benefits and precautions of trading oil futures online.

Heating Oil fell to 2.31 USD/Gal on August 22, 2025, down 0.69% from the previous day. Over the past month, Heating Oil's price has fallen 5.72%, but it is still 0.00% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Heating oil - values, historical data, forecasts and news - updated on August of 2025.

East and South Africa were the main source of crude oil exports from the African continent as of 2023. Some ***** million metric tons of crude oil were exported to the world with origin in the westernmost region of the continent. In its turn, exports of oil products were in higher quantities in North African countries, reaching **** million metric tons. Besides, oil products were imported in large quantities across all African regions. The import volume reached **** million metric tons in East and Southern Africa, **** million metric tons in West Africa, and **** million metric tons in North Africa.

Sunflower Oil rose to 1,345.30 INR/10 kg on August 22, 2025, up 0.27% from the previous day. Over the past month, Sunflower Oil's price has risen 6.11%, and is up 47.64% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Sunflower Oil.

Crude oil trading charts are graphical representations of the price movements of crude oil over a specific period of time, providing valuable information for traders and investors. Learn how different types of charts, such as line charts, bar charts, and candlestick charts, are used to identify patterns and make informed trading decisions. Discover how technical indicators enhance analysis, and where to access customizable real-time charts. Explore the power of crude oil trading charts in analyzing market t

1001 Global import shipment records of Crude Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The Canada Energy Regulator (CER) and Statistics Canada have combined expertise to put together a 30-year look back at the evolution of Canadian crude oil exports. This retrospective highlights some of the factors that influenced the trends in Canadian crude oil exports, coupled with other key indicators, including impacts on Canadian balance of trade, crude oil production, and industry investment. These datasets provide historical Canadian crude oil production, export and import values, investment, trade balance and export values for products categorized by NAPCS Group Codefor 1991 to 2019. These data were compiled by the Canada Energy Regulator and Statistics Canada.

396 Global import shipment records of Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

This dataset contains Production, Trade, and Supply of Conventional Crude Oil 2012-2019. Data from United Nations Statistics Division. Follow datasource.kapsarc.org for timely data to advance energy economics research.Note:Refer back to the original source for numbers estimated by the United Nations Statistics Division (numbers with * symbol).

This dataset contains Production, Trade, and Supply of Gas Oil/Diesel Oil 2012-2019. Data from United Nations Statistics Division. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes: - Refer back to the original source for numbers estimated by the United Nations Statistics Division (numbers with * symbol).- Please refer to the Definitions Section on pages ix to xv for the appropriate product description/ classification, and xvi to xvii for the descriptions of relevant flows.- Production includes output from refineries and plants, together with quantities from other sources which include any blended biodiesel.

267 Active Global Crude Oil buyers list and Global Crude Oil importers directory compiled from actual Global import shipments of Crude Oil.

Ghana Crude Oil Import data was reported at 233.200 Metric Ton th in 2017. This records a decrease from the previous number of 1,445.600 Metric Ton th for 2016. Ghana Crude Oil Import data is updated yearly, averaging 1,302.300 Metric Ton th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 2,053.700 Metric Ton th in 2007 and a record low of 233.200 Metric Ton th in 2017. Ghana Crude Oil Import data remains active status in CEIC and is reported by Energy Commission. The data is categorized under Global Database’s Ghana – Table GH.RB011: Crude Oil Trade.