Crude Oil rose to 68.75 USD/Bbl on July 11, 2025, up 3.27% from the previous day. Over the past month, Crude Oil's price has risen 1.04%, but it is still 16.37% lower than a year ago, 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 July of 2025.

The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

Brent rose to 70.45 USD/Bbl on July 14, 2025, up 0.12% from the previous day. Over the past month, Brent's price has fallen 3.80%, and is down 16.98% 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 July of 2025.

United Kingdom BOE Forecast: Brent Crude Oil Price data was reported at 71.000 USD/Barrel in 2021. This records a decrease from the previous number of 74.000 USD/Barrel for 2020. United Kingdom BOE Forecast: Brent Crude Oil Price data is updated yearly, averaging 72.500 USD/Barrel from Dec 2014 (Median) to 2021, with 8 observations. The data reached an all-time high of 81.000 USD/Barrel in 2018 and a record low of 43.000 USD/Barrel in 2015. United Kingdom BOE Forecast: Brent Crude Oil Price data remains active status in CEIC and is reported by Bank of England. The data is categorized under Global Database’s United Kingdom – Table UK.P009: Crude Oil and Gas Prices: Forecast.

Crude Oil Production in the United States increased to 13468 BBL/D/1K in April from 13450 BBL/D/1K in March of 2025. This dataset provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This dataset contains information about world's oil production for 1965-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes:* Includes crude oil, shale oil, oil sands and NGLs (natural gas liquids - the liquid content of natural gas where this is recovered separately).** Excludes liquid fuels from other sources such as biomass and derivatives of coal and natural gas.*** Excludes Estonia, Latvia and Lithuania prior to 1985 and Slovenia prior to 1990.**** Annual changes and shares of total are calculated using million tonnes per annum figures.

The Crude Oil Pipelines dataset was updated on April 28, 2020 from the Energy Information Administration (EIA), with attribute data from the end of calendar year 2024 and is part of the U.S. Department of Transportation (USDOT)/Bureau of Transportation Statistics (BTS) National Transportation Atlas Database (NTAD). Major crude oil pipelines in the United States and selected crude oil pipelines in Canada as of January 2020. Layer includes interstate trunk lines and selected intrastate lines but excludes gathering lines. Based on publicly available data from a variety of sources with varying scales and levels of accuracy. This dataset is not intended to be viewed beyond 1:1,000,000 scale. A data dictionary, or other source of attribute information, is accessible at https://doi.org/10.21949/1520731

Romania RO: Crude Oil Production: Average Price per Barrel data was reported at 70.754 USD/Barrel in Feb 2025. This records a decrease from the previous number of 74.377 USD/Barrel for Jan 2025. Romania RO: Crude Oil Production: Average Price per Barrel data is updated monthly, averaging 71.818 USD/Barrel from Jan 2020 (Median) to Feb 2025, with 62 observations. The data reached an all-time high of 115.271 USD/Barrel in Jun 2022 and a record low of 16.904 USD/Barrel in Apr 2020. Romania RO: Crude Oil Production: Average Price per Barrel data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Romania – Table RO.Eurostat: Crude Oil Supply: by Energy Balance and Indicator.

Crude Oil Production in Venezuela increased to 1066 BBL/D/1K in May from 1051 BBL/D/1K in April of 2025. This dataset provides the latest reported value for - Venezuela Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Supply and disposition characteristics such as production (fuels include heavy crude, synthetic crude, etc.), input to refineries, exports and others. The data are available at the national and provincial levels. Not all combinations necessarily have data for all years.

China Import Price: Crude Oil: Asia: Thailand data was reported at 564.825 USD/Ton in Oct 2024. This records a decrease from the previous number of 652.927 USD/Ton for Aug 2024. China Import Price: Crude Oil: Asia: Thailand data is updated monthly, averaging 563.781 USD/Ton from Jan 2008 (Median) to Oct 2024, with 132 observations. The data reached an all-time high of 40,000.000 USD/Ton in Oct 2009 and a record low of 136.577 USD/Ton in May 2020. China Import Price: Crude Oil: Asia: Thailand data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s Price – Table CN.PH: Crude Oil Import and Export Price.

This U.S. Geological Survey (USGS) Data Release provides data from samples and measurements completed at the National Crude Oil Spill Fate and Natural Attenuation Research Site near Bemidji, Minnesota (Site) since 1983. This is version 3.0 of this data release, and it now contains 11 data sets. The content of these data sets include inorganic and organic chemistry data from water, oil, and sediment samples, hydraulic conductivity data from well slug tests, sediment grain-size distribution data from core samples, and water- and oil-level data. Most of these data sets have been described in previously published peer-reviewed reports. This data release provides data sets that were not included with the original publications in a tabular, database-ready format. Each result value in the data sets is coded to describe the kind of sample collected, the material that was analyzed, the method of analysis, and the publication where the value was originally published. Some sample codes are taken from the U.S. Geological Survey's National Water Information System (NWIS, https://waterdata.usgs.gov/nwis) and the remaining codes were developed specifically for Site data. Data dictionaries containing code definitions are available at a companion data release titled "Sampling site information, well construction details, and data dictionaries for data sets associated with the National Crude Oil Spill Fate and Natural Attenuation Site near Bemidji, Minnesota", available at https://doi.org/10.5066/F7736PDR. The National Crude Oil Spill Fate and Natural Attenuation Research Site is located where a high-pressure pipeline carrying crude oil burst in 1979 and spilled approximately 1.7 million liters (10,700 barrels) of crude oil into glacial outwash deposits. Since 1983, scientists with the U.S. Geological Survey, in collaboration with scientists from academic institutions, industry, and the regulatory community have conducted extensive investigations of multiphase flow and transport, volatilization, dissolution, geochemical interactions, microbial populations, and biodegradation with the goal of providing an improved understanding of the natural processes limiting the extent of hydrocarbon contamination. Long-term field studies at Bemidji have illustrated that the fate of hydrocarbons evolves with time, and a snap-shot study of a hydrocarbon plume may not provide information that is of relevance to the long-term behavior of the plume during natural attenuation. The research at the site has been supported primarily by the U.S. Geological Survey's Toxic Substances Hydrology Program.

NB Forecast: Crude Oil Price: Brent Blend: per Barrel data was reported at 69.000 USD in 2021. This records a decrease from the previous number of 72.000 USD for 2020. NB Forecast: Crude Oil Price: Brent Blend: per Barrel data is updated yearly, averaging 73.000 USD from Dec 2012 (Median) to 2021, with 10 observations. The data reached an all-time high of 112.000 USD in 2012 and a record low of 44.000 USD in 2016. NB Forecast: Crude Oil Price: Brent Blend: per Barrel data remains active status in CEIC and is reported by Norges Bank. The data is categorized under Global Database’s Norway – Table NO.P006: Crude Oil Price: Forecast: Norges Bank.

China Import Price: Crude Oil: North America: Canada data was reported at 491.111 USD/Ton in Mar 2025. This records a decrease from the previous number of 502.688 USD/Ton for Feb 2025. China Import Price: Crude Oil: North America: Canada data is updated monthly, averaging 496.292 USD/Ton from May 2008 (Median) to Mar 2025, with 132 observations. The data reached an all-time high of 40,000.000 USD/Ton in Nov 2017 and a record low of 198.927 USD/Ton in Apr 2020. China Import Price: Crude Oil: North America: Canada data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s Price – Table CN.PH: Crude Oil Import and Export Price.

Indonesia Crude Oil Price: Pandan data was reported at 19.040 USD/Barrel in Apr 2020. This records a decrease from the previous number of 32.070 USD/Barrel for Mar 2020. Indonesia Crude Oil Price: Pandan data is updated monthly, averaging 25.555 USD/Barrel from Mar 2020 (Median) to Apr 2020, with 2 observations. The data reached an all-time high of 32.070 USD/Barrel in Mar 2020 and a record low of 19.040 USD/Barrel in Apr 2020. Indonesia Crude Oil Price: Pandan data remains active status in CEIC and is reported by Directorate General of Oil and Gas. The data is categorized under Indonesia Premium Database’s Energy Sector – Table ID.RBH003: Crude Oil Price.

Thailand BOT Forecast: Dubai Crude Oil Price data was reported at 66.000 USD/Barrel in 2020. This stayed constant from the previous number of 66.000 USD/Barrel for 2019. Thailand BOT Forecast: Dubai Crude Oil Price data is updated yearly, averaging 66.000 USD/Barrel from Dec 2011 (Median) to 2020, with 10 observations. The data reached an all-time high of 109.300 USD/Barrel in 2012 and a record low of 36.600 USD/Barrel in 2018. Thailand BOT Forecast: Dubai Crude Oil Price data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.P016: Crude Oil, Non Fuel, Fresh Food and Metal Price: Forecast: Bank of Thailand.

Heating Oil rose to 2.47 USD/Gal on July 11, 2025, up 3.46% from the previous day. Over the past month, Heating Oil's price has risen 11.10%, but it is still 1.60% lower 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 July of 2025.

Crude Oil Production in Saudi Arabia increased to 9184 BBL/D/1K in May from 9005 BBL/D/1K in April of 2025. This dataset provides the latest reported value for - Saudi Arabia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Urals Oil rose to 66.46 USD/Bbl on July 11, 2025, up 2.31% from the previous day. Over the past month, Urals Oil's price has risen 2.96%, but it is still 18.42% 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.