Crude Oil rose to 62.42 USD/Bbl on October 8, 2025, up 1.12% from the previous day. Over the past month, Crude Oil's price has fallen 0.33%, and is down 14.77% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on October of 2025.

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Brent rose to 66.10 USD/Bbl on October 8, 2025, up 0.99% from the previous day. Over the past month, Brent's price has fallen 0.44%, and is down 13.69% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on October of 2025.

Online crude oil trading has revolutionized the way individuals and companies participate in the oil market. Find out about its convenience, accessibility, market information, transparency, and leverage.

Palm Oil rose to 4,546 MYR/T on October 8, 2025, up 1.65% from the previous day. Over the past month, Palm Oil's price has risen 1.45%, and is up 6.94% 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 October of 2025.

Urals Oil fell to 61.15 USD/Bbl on October 7, 2025, down 0.29% from the previous day. Over the past month, Urals Oil's price has risen 1.71%, but it is still 14.26% lower than a year ago, 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.

Crude oil online charts are graphical representations of price movements, allowing traders to analyze historical and current trends, identify patterns, and make informed decisions. Learn how these charts incorporate technical indicators and assist in formulating trading strategies.

Oil trading online is a popular method for individuals, corporations, and financial institutions to participate in the global oil market. Discover the advantages, instruments, and risks associated with this convenient and accessible form of trading.

Heating Oil rose to 2.28 USD/Gal on October 8, 2025, up 0.86% from the previous day. Over the past month, Heating Oil's price has fallen 1.51%, but it is still 0.30% 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 October of 2025.

The ticker symbol for crude oil futures is CL. Learn about the importance of this symbol in tracking the price, volume, and other key information related to crude oil futures. Discover how crude oil futures contracts work and the factors that influence their prices. Find out who trades crude oil futures and how to access them through futures brokers or online trading platforms.

Brent crude oil is projected to have an average annual spot price of 67.22 U.S. dollars per barrel in 2025, according to a forecast from May 2025. This would mean a decrease of more than 13 U.S. dollars compared to the previous year and also reflect a reduced forecast WTI crude oil price. Lower economic activity, an increase in OPEC+ production output, and uncertainty over trade tariffs all impacted price forecasting. All about Brent Also known as Brent Blend, London Brent, and Brent petroleum, Brent Crude is a crude oil benchmark named after the exploration site in the North Sea's Brent oilfield. It is a sweet light crude oil but slightly heavier than West Texas Intermediate. In this context, sweet refers to a low sulfur content and light refers to a relatively low density when compared to other crude oil benchmarks. Price development in the 2020s Oil prices are volatile, impacted by consumer demand and discoveries of new oilfields, new extraction methods such as fracking, and production caps routinely placed by OPEC on its member states. The price for Brent crude oil stood at an average of just 42 U.S. dollars in 2020, when the coronavirus pandemic resulted in a sudden demand drop. Two years later, sanctions on Russian energy imports had pushed up prices to a new decade-high, above 100 U.S. dollars per barrel.

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As of August 2025, the average annual price of Brent crude oil stood at 71.3 U.S. dollars per barrel. This is over nine U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility, such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

Sunflower Oil rose to 1,395.10 INR/10 kg on October 7, 2025, up 0.52% from the previous day. Over the past month, Sunflower Oil's price has risen 2.97%, and is up 14.08% 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.

Rapeseed rose to 467 EUR/T on October 7, 2025, up 0.97% from the previous day. Over the past month, Rapeseed's price has risen 1.52%, but it is still 3.57% lower than a year ago, 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 Rapeseed Oil.

Global cottonseed oil market worth at USD 5.52 Billion in 2024, is expected to surpass USD 8.03 Billion by 2034, with a CAGR of 3.82% from 2025 to 2034.

Graph and download economic data for Global price of Palm Oil (PPOILUSDM) from Jan 1990 to Jun 2025 about oil, World, food, and price.

The live price of WTI crude oil is influenced by factors such as supply and demand dynamics, geopolitical events, economic conditions, weather, currency exchange rates, and speculative trading. Traders and investors can access the live price through financial terminals, online platforms, or specialized websites to make informed trading decisions.

Crude Assay Databases Market Outlook

According to our latest research, the global crude assay databases market size reached USD 1.12 billion in 2024, reflecting a robust demand for advanced data management solutions across the oil and gas sector. The market is anticipated to expand at a CAGR of 7.1% from 2025 to 2033, projecting a value of USD 2.09 billion by 2033. This growth is primarily driven by the increasing complexity of crude oil blends, stringent regulatory requirements, and the need for precise feedstock selection to optimize refining processes and trading strategies. As per our comprehensive analysis, the adoption of digitalization and data analytics in the oil and gas industry has significantly contributed to the expansion of the crude assay databases market.

The primary growth factor for the crude assay databases market is the rising complexity and variability of crude oil sources. As oil fields mature and new unconventional sources come online, the diversity of crude oil characteristics has increased, necessitating more granular and comprehensive assay data for accurate evaluation and processing. Refineries and trading entities are increasingly relying on sophisticated databases to compare, analyze, and select the most suitable crude blends for their operations, thereby reducing operational risks and maximizing profitability. Additionally, the growing trend of blending crude oils from multiple sources to meet specific market or regulatory requirements further amplifies the need for reliable and up-to-date assay data, propelling the demand for advanced crude assay databases.

Another significant driver is the rapid digital transformation within the oil and gas sector. The integration of big data analytics, artificial intelligence, and cloud computing has revolutionized the way data is collected, stored, and utilized. Modern crude assay databases are equipped with powerful analytical tools that enable users to perform real-time simulations, scenario analyses, and predictive modeling. This not only enhances operational efficiency but also supports strategic decision-making in trading, refining, and exploration activities. The shift towards digital platforms and cloud-based solutions has also improved accessibility, scalability, and security of critical assay data, further accelerating market growth.

Stringent environmental regulations and the increasing focus on sustainability are also shaping the crude assay databases market. Regulatory bodies across the globe are imposing stricter controls on emissions and product quality, compelling oil and gas companies to meticulously analyze the properties of crude oil before processing. Accurate assay data is essential for compliance with these regulations, as it enables refineries to optimize their processes, minimize waste, and produce cleaner fuels. Furthermore, the growing emphasis on carbon footprint reduction and energy efficiency is prompting industry stakeholders to invest in advanced database solutions that facilitate sustainable operations and transparent reporting.

From a regional perspective, North America continues to dominate the crude assay databases market, supported by the presence of major oil producers, technologically advanced refineries, and a robust digital infrastructure. However, the Asia Pacific region is emerging as the fastest-growing market, driven by rapid industrialization, expanding refining capacity, and increasing investments in digital technologies. Europe and the Middle East & Africa are also witnessing steady growth, fueled by the need for compliance with stringent environmental standards and the ongoing modernization of oil and gas infrastructure. Latin America, while smaller in market share, is expected to register notable growth due to rising exploration activities and investments in data management solutions.

Database Type Analysis

The crude assay databases market is segmented by database type into public databases and proprietary databases. Public databases, often maintained by government agencies, industry associations, or international organizations, provide open access to a wide range of crude oil assay data. These databases play a crucial role in supporting academic research, regulatory compliance, and industry benchmarking. However, their scope and depth may be limited compared to proprietary offerings, as they often focus on widely traded or regionally significant crude grades. Public da

On April 20th, 2020, the price of West Texas Intermediate crude oil slumped into negative for the first time in history, falling to negative 37.63 U.S. dollars per barrel. The ongoing coronavirus pandemic has had a catastrophic impact on the global oil and gas industry. Declining consumer demand and high levels of production output are threatening to exceed oil storage capacities, which resulted in the lowest ever oil prices noted between April 20th and April 22nd.

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