On October 27, 2025, the Brent crude oil price stood at 65.14 U.S. dollars per barrel, compared to 61.31 U.S. dollars for WTI oil and 67.54 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.

Heating Oil rose to 2.35 USD/Gal on December 2, 2025, up 0.21% from the previous day. Over the past month, Heating Oil's price has fallen 2.25%, but it is still 6.31% 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 December of 2025.

To improve the transparency of oil prices and to strengthen the internal market, the European Commission's Oil Bulletin presents weekly consumer prices for petroleum products in EU countries.

The annual price of West Texas Intermediate (WTI) crude oil is expected to reach an average of 63.58 U.S. dollars per barrel in 2025, according to an August 2025 forecast. This would be a decrease of roughly 13 U.S. dollar compared to the previous year. In the first eight months of 2025, weekly crude oil prices largely stayed below 70 U.S. dollars per barrel amid trade tariffs and an expected economic downturn. What are benchmark crudes? WTI is often used as a price reference point called a benchmark (or ”marker”) crude. This category includes Brent crude from the North Sea, Dubai Crude, as well as blends in the OPEC reference basket. WTI, Brent, and the OPEC basket have tended to trade closely, but since 2011, Brent has been selling at a higher annual spot price than WTI, largely due to increased oil production in the United States. What causes price volatility? Oil prices are historically volatile. While mostly shaped by demand and supply like all consumer goods, they may also be affected by production limits, a change in U.S. dollar value, and to an extent by market speculation. In 2022, the annual average price for WTI was close to the peak of nearly 100 U.S. dollars recorded in 2008. In the latter year, multiple factors, such as strikes in Nigeria, an oil sale stop in Venezuela, and the continuous increase in oil demand from China were partly responsible for the price surge. Higher oil prices allowed the pursuit of extraction methods previously deemed too expensive and risky, such as shale gas and tight oil production in the U.S. The widespread practice of fracturing source rocks for oil and gas extraction led to the oil glut in 2016 and made the U.S. the largest oil producer in the world.

Context

Oil price is a very important part of any county's economy. The Crude Oil WTI (USD/Bbl) dataset was created with the expectation to understand the impact of global oil prices on any country's economy.

Source

Using https://tradingeconomics.com/commodity/crude-oil this data set is created and will be kept updated monthly.

Acknlowgement

Thanks, tradingeconomics.com 💜

Graph and download economic data for Crude Oil Prices: Brent - Europe (WCOILBRENTEU) from 1987-05-15 to 2025-11-21 about crude, oil, Europe, commodities, and price.

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

View weekly updates and historical trends for US Residential Heating Oil Price. from United States. Source: Energy Information Administration. Track econo…

View monthly updates and historical trends for Average Crude Oil Spot Price. Source: World Bank. Track economic data with YCharts analytics.

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.

On December 19, 2022, WCS prices closed at ***** U.S. dollars per barrel. This was an increase compared to the previous week. Crude oil prices reached over 100 U.S. dollars on March 7 and May 16, following concerns by market traders over tight supplies as a result of the Russia-Ukraine war. Western Canadian Select is the main benchmark for crude oil produced from oil sands in Alberta. It usually trades at around ** U.S. dollars below WTI - which is the reference price for crude oil originating in the United States.

The 2025 preliminary average annual price of West Texas Intermediate crude oil reached 67.83 U.S. dollars per barrel as of August. This would be nine U.S. dollars below the 2024 average and the lowest annual average since 2021. WTI and other benchmarks WTI is a grade of crude oil also known as “Texas light sweet.” It is measured to have an API gravity of around 39.6 and specific gravity of about 0.83, which is considered “light” relative to other crude oils. This oil also contains roughly 0.24 percent sulfur, and is therefore named “sweet.” Crude oils are some of the most closely observed commodity prices in the world. WTI is the underlying commodity of the Chicago Mercantile Exchange’s oil futures contracts. The price of other crude oils, such as UK Brent crude oil, the OPEC crude oil basket, and Dubai Fateh oil, can be compared to that of WTI crude oil. Since 1976, the price of WTI crude oil has increased notably, rising from just 12.23 U.S. dollars per barrel in 1976 to a peak of 99.06 dollars per barrel in 2008. Geopolitical conflicts and their impact on oil prices The price of oil is controlled in part by limiting oil production. Prior to 1971, the Texas Railroad Commission controlled the price of oil by setting limits on production of U.S. oil. In 1971, the Texas Railroad Commission ceased limiting production, but OPEC, the Organization of Petroleum Exporting Countries with member states Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela among others, continued to do so. In 1972, due to geopolitical conflict, OPEC set an oil embargo and cut oil production, causing prices to quadruple by 1974. Oil prices rose again in 1979 and 1980 due to the Iranian revolution, and doubled between 1978 and 1981 as the Iran-Iraq War prevented oil production. A number of geopolitical conflicts and periods of increased production and consumption have influenced the price of oil since then.

Find in-season and off-season pricing for heating fuels, including heating oil, propane and wood price surveys by DOER. Links to electric and natural gas rates also available here.

View weekly updates and historical trends for Massachusetts Residential Heating Oil Price. from United States. Source: Energy Information Administration. …

Explore the intricate dynamics influencing crude oil prices, including supply-demand factors, geopolitical tensions, economic indicators, and market sentiment, to understand next week's forecast and prepare for potential volatility.

Europe Brent and WTI (Western Texas Intermediate) Spot Prices (Annual/ Monthly/ Weekly/ Daily) from EIA U.S. (Energy Information Administration).

Data

Sources

1. • Name: Daily Europe Brent Spot Price
   • Web: https://www.eia.gov/dnav/pet/hist_xls/RBRTEd.xls
2. • Name: Weekly Europe Brent Spot Price
   • Web: https://www.eia.gov/dnav/pet/hist_xls/RBRTEw.xls
3. • Name: Monthly Europe Brent Spot Price
   • Web: https://www.eia.gov/dnav/pet/hist_xls/RBRTEm.xls
4. • Name: Annual Europe Brent Spot Price
   • Web: https://www.eia.gov/dnav/pet/hist_xls/RBRTEa.xls
5. • Name: Daily Cushing, OK WTI Spot Price
   • Web: http://www.eia.gov/dnav/pet/hist_xls/RWTCd.xls
6. • Name: Weekly Cushing, OK WTI Spot Price
   • Web: http://www.eia.gov/dnav/pet/hist_xls/RWTCw.xls
7. • Name: Monthly Cushing, OK WTI Spot Price
   • Web: http://www.eia.gov/dnav/pet/hist_xls/RWTCm.xls
8. • Name: Annual Cushing, OK WTI Spot Price
   • Web: http://www.eia.gov/dnav/pet/hist_xls/RWTCa.xls

Definitions

Brent

A blended crude stream produced in the North Sea region which serves as a reference or "marker" for pricing a number of other crude streams. source

West Texas Intermediate (WTI - Cushing)

A crude stream produced in Texas and southern Oklahoma which serves as a reference or "marker" for pricing a number of other crude streams and which is traded in the domestic spot market at Cushing, Oklahoma. source

U.S. government publications are in the public domain and are not subject to copyright protection. You may use and/or distribute any of our data, files, databases, reports, graphs, charts, and other information products that are on our website or that you receive through our email distribution service. However, if you use or reproduce any of our information products, you should use an acknowledgment, which includes the publication date, such as: "Source: U.S. Energy Information Administration (Oct 2008).

🛢️ Weekly Fuel Prices in Vietnam (2018–Present)

📄 Overview

This dataset contains weekly fuel prices in Vietnam from 2018 to the present, covering 9 types of fuel sold by two of the country's major fuel distribution companies:

• Petrolimex (Vietnam National Petroleum Group)
• PVOIL (PetroVietnam Oil Corporation) :

The dataset is updated weekly and is structured to facilitate time series analysis, price forecasting, market trend analysis, and comparison of fuel price strategies between companies.

📦 Dataset Structure

※ Zone 1 price and Zone 2 price apply only to Petrolimex and are specific to cities in Zone 1 and Zone 2.

🌏 Geographic Scope

• Country: Vietnam
• Distribution: National-level retail prices as published by the official websites of Petrolimex and PVOIL

🔍 Potential Use Cases

• Forecasting fuel price trends using time series models (e.g., ARIMA, Prophet, LSTM)
• Comparing pricing strategies of state-owned enterprises
• Modeling the impact of global oil prices on domestic fuel prices
• Policy analysis and subsidy tracking
• Inflation and macroeconomic studies in Vietnam

📚 Sources

• Petrolimex Official Website
• PVOIL Official Website

A comprehensive dataset for WTI crude oil price prediction, combining key economic indicators and oil industry metrics from 2005-2024. Features include: - EUR/USD exchange rates - Oil inventory levels - Production volumes - Rig counts - Inflation rates - Technical indicators (rolling averages)

Data sourced from EIA and FRED APIs, processed and engineered for time series forecasting. Ideal for price prediction models and market analysis.

Dataset prepared with proper cleaning and feature engineering.

Heating oil price in the United States has peaked in winter 2022/23 at 4.31 U.S. dollars per gallon and has decreased ever since. Heating oil is a liquid petroleum product that is, among other things, used in residential buildings as a fuel oil in furnaces or boilers. Chemically, most heating oils are similar to motor diesel fuels and are often sold interchangeably. Forecast heating price in the U.S. The average price of heating oil in the United States in the winter of 2024/25 is expected to reach 3.44 U.S. dollars per gallon. Energy prices are projected to see a decrease this winter, because of increased production of heating fuels. The number of heating degree days, which are the days in which the average temperature is below 18 degrees Celsius (65 degrees Fahrenheit), also helps quantify the energy demand required to heat a building. What determines heating oil price? Generally, heating oil prices are collected during the heating season between October and March. In the U.S., the greatest determining factor for heating oil prices is the WTI crude oil price. Consumers can lower heating oil bills by considering when they purchase, reducing consumption, and through government assistance programs.