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 basket price stood at ***** U.S. dollars per barrel as of June. 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.

Heating Oil fell to 2.37 USD/Gal on July 15, 2025, down 0.96% from the previous day. Over the past month, Heating Oil's price has fallen 3.34%, and is down 4.06% compared to the same time last year, 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.

The global food prices have surged to historical highs, and there is no consensus on the reasons behind this round of price increases in academia. Based on theoretical analysis, this study uses monthly data from January 2000 to May 2022 and machine learning models to examine the root causes of that period’s global food price surge and global food security situation. The results show that: Firstly, the increase in the supply of US dollars and the rise in oil prices during pandemic are the two most important variables affecting food prices. The unlimited quantitative easing monetary policy of the US dollar is the primary factor driving the global food price surge, and the alternating impact of oil prices and excessive US dollar liquidity are key features of the surge. Secondly, in the context of the global food shortage, the impact of food production reduction and demand growth expectations on food prices will further increase. Thirdly, attention should be paid to potential agricultural import supply chain risks arising from international uncertainty factors such as the ongoing Russia-Ukraine conflict. The Russian-Ukrainian conflict has profoundly impacted the global agricultural supply chain, and crude oil and fertilizers have gradually become the main driving force behind the rise in food prices.

Sunflower Oil rose to 1,245.50 INR/10 kg on July 14, 2025, up 0.61% from the previous day. Over the past month, Sunflower Oil's price has fallen 3.04%, but it is still 37.43% higher 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 Sunflower Oil.

Graph and download economic data for Crude Oil Prices: Brent - Europe (DCOILBRENTEU) from 1987-05-20 to 2025-06-16 about crude, oil, Europe, commodities, and price.

The Oil and Gas Infrastructure Mapping (OGIM) database is a global, spatially explicit, and granular database of oil and gas infrastructure, developed at Environmental Defense Fund (EDF) (www.edf.org). The OGIM database is developed to support the quantification and source characterization of oil and gas methane emissions. The database development is based on the acquisition, analysis, curation, integration, and quality-assurance, performed at EDF, of public-domain datasets reported by official government sources, industry, academic, and other non-government entities.

The OGIM database includes locations and facility attributes of oil and gas infrastructure types that are important sources of methane emissions, including oil and gas production wells, offshore production platforms, natural gas compressor stations, processing facilities, liquefied natural gas facilities, crude oil refineries, pipelines, etc.

The OGIM_v1 database includes approximately six million features, including 2.6 million point locations of oil and gas facility types and over 2.6 million kilometers of oil and gas pipelines. This work and the OGIM database, which we anticipate updating on a regular cadence, helps fill a crucial oil and gas geospatial data need, in support of the quantification and attribution of global oil and gas methane emissions at high resolution.

Full details for database development and related analytics can be found in the following journal paper, which is under review at Earth System Science Data journal.

Please cite the paper when using the database:

Omara, M., Gautam, R., O'Brien, M., Himmelberger, A., Franco, A., Meisenhelder, K., Hauser, G., Lyon, D., Chulakadaba, A., Miller, C., Franklin, J., Wofsy, S., and Hamburg, S.: Developing a spatially explicit global oil and gas infrastructure database for characterizing methane emission sources at high resolution, Earth Syst. Sci. Data Discuss., https://doi.org/10.5194/essd-2022-452, 2023.

Important note: While we describe these datasets in detail in the manuscript above, and include maps for all acquired datasets, this open-access version of the OGIM database does not include the locations of about 300 natural gas compressor stations in Russia. Future updates may include these datasets when appropriate permissions to make them publicly accessible are obtained.

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OGIM_v1.1.gpkg. May-10-2023 update:

• This update includes the addition of natural gas flaring detections for the year 2021 based on the VIIRS dataset, available from the Earth Observation Group at Colorado School of Mines, as described in the manuscript text.
  
  
• The current version of the OGIM (OGIM_v1.1) is based on public-domain datasets reported on or prior to January 2023. Each record in OGIM includes a source date when the data was last updated. Some records may have out-of-date information, for example, if facility status has changed since we last acquired the data. We are continuing to update the OGIM database as new public-domain datasets become available.

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Point of Contact at Environmental Defense Fund: Ritesh Gautam (rgautam@edf.org).

Crude Oil Price: Bonny Light: per Barrel data was reported at 64.830 USD/Barrel in 15 May 2025. This records a decrease from the previous number of 67.180 USD/Barrel for 14 May 2025. Crude Oil Price: Bonny Light: per Barrel data is updated daily, averaging 77.700 USD/Barrel from Oct 2009 (Median) to 15 May 2025, with 3619 observations. The data reached an all-time high of 139.410 USD/Barrel in 08 Mar 2022 and a record low of 7.150 USD/Barrel in 21 Apr 2020. Crude Oil Price: Bonny Light: per Barrel data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.P003: Crude Oil Price. [COVID-19-IMPACT]

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.

This table contains figures on the supply and consumption of energy broken down by sector and by energy commodity. The energy supply is equal to the indigenous production of energy plus the receipts minus the deliveries of energy plus the stock changes. Consumption of energy is equal to the sum of own use, distribution losses, final energy consumption, non-energy use and the total net energy transformation. For each sector, the supply of energy is equal to the consumption of energy.

For some energy commodities, the total of the observed domestic deliveries is not exactly equal to the sum of the observed domestic receipts. For these energy commodities, a statistical difference arises that can not be attributed to a sector.

The breakdown into sectors follows mainly the classification as is customary in international energy statistics. This classification is based on functions of various sectors in the energy system and for several break downs on the international Standard Industrial Classification (SIC). There are two main sectors: the energy sector (companies with main activity indigenous production or transformation of energy) and energy consumers (other companies, vehicles and dwellings). In addition to a breakdown by sector, there is also a breakdown by energy commodity, such as coal, various petroleum products, natural gas, renewable energy, electricity and heat and other energy commodities like non renewable waste.

The definitions used in this table are exactly in line with the definitions in the Energy Balance table; supply, transformation and consumption. That table does not contain a breakdown by sector (excluding final energy consumption), but it does provide information about imports, exports and bunkering and also provides more detail about the energy commodities.

Data available: From: 1990.

Status of the figures: Figures up to and including 2022 are definite. Figures for 2023 and 2024 are revised provisional.

Changes as of June 2025: Figures for 2024 have been updated.

Changes as of March 17th 2025: For all reporting years the underlying code for 'Total crudes, fossil fraction' and 'Total kerosene, fossiel fraction' is adjusted. Figures have not been changed.

Changes as of November 15th 2024: The structure of the table has been adjusted. The adjustment concerns the division into sectors, with the aluminum industry now being distinguished separately within the non-ferrous metal sector. This table has also been revised for 2015 to 2021 as a result of new methods that have also been applied for 2022 and 2023. This concerns the following components: final energy consumption of LPG, distribution of final energy consumption of motor gasoline, sector classification of gas oil/diesel within the services and transfer of energy consumption of the nuclear industry from industry to the energy sector. The natural gas consumption of the wood and wood products industry has also been improved so that it is more comparable over time. This concerns changes of a maximum of a few PJ.

Changes as of June 7th 2024: Revised provisional figures of 2023 have been added.

Changes as of April 26th of 2024 The energy balance has been revised for 2015 and later on a limited number of points. The most important is the following: 1. For solid biomass and municipal waste, the most recent data have been included. Furthermore data were affected by integration with figures for a new, yet to be published StatLine table on the supply of solid biomass. As a result, there are some changes in receipts of energy, deliveries of energy and indigenous production of biomass of a maximum of a few PJ. 2. In the case of natural gas, an improvement has been made in the processing of data for stored LNG, which causes a shift between stock changes, receipts of energy and deliveries of energy of a maximum of a few PJ.

Changes as of March 25th of 2024: The energy balance has been revised and restructured. This concerns mainly the following: 1. Different way of dealing with biofuels that have been mixed with fossil fuels 2. A breakdown of the natural gas balance of agriculture into greenhouse horticulture and other agriculture. 3. Final consumption of electricity in services

1. Blended biofuels Previously, biofuels mixed with fossil fuels were counted as petroleum crude and products. In the new energy balance, blended biofuels count for renewable energy and petroleum crude and products and the underlying products (such as gasoline, diesel and kerosene) only count the fossil part of mixtures of fossil and biogenic fuels. To make this clear, the names of the energy commodities have been changed. The consequence of this adjustment is that part of the energy has been moved from petroleum to renewable. The energy balance remains the same for total energy commodities. The aim of this adjustment is to make the increasing role of blended biofuels in the Energy Balance visible and to better align with the Energy Balances published by Eurostat and the International Energy Agency. Within renewable energy, biomass, liquid biomass is now a separate energy commodity. This concerns both pure and blended biofuels.

2. Greenhouse horticulture separately The energy consumption of agriculture in the Netherlands largely takes place in greenhouse horticulture. There is therefore a lot of attention for this sector and the need for separate data on energy consumption in greenhouse horticulture. To meet this need, the agriculture sector has been divided into two subsectors: Greenhouse horticulture and other agriculture. For the time being, we only publish separate natural gas figures for greenhouse horticulture.

3. Higher final consumption of electricity in services in 2021 and 2022. The way in which electric road transport is treated has improved, resulting in an increase in the supply and final consumption of electricity in services by more than 2 PJ in 2021 and 2022. This also works through the supply of electricity in sector H (Transport and storage).

Changes as of November 14th 2023: Figures for 2021 and 2022 haven been adjusted. Figures for the Energy Balance for 2015 to 2020 have been revised regarding the following items: - For 2109 and 2020 final consumption of heat in agriculture is a few PJ lower and for services a few PJ higher. This is the result of improved interpretation of available data in supply of heat to agriculture. - During the production of geothermal heat by agriculture natural gas is produced as by-product. Now this is included in the energy balance. The amount increased from 0,2 PJ in 2015 to 0,7 PJ in 2020. - There are some improvements in the data for heat in industry with a magnitude of about 1 PJ or smaller. - There some other improvements, also about 1 PJ or smaller.

Changes as of June 15th 2023: Revised provisional figures of 2022 have been added.

Changes as of December 15th 2022: Figures for 1990 up to and including 2019 have been revised. The revision mainly concerns the consumption of gas- and diesel oil and energy commodities higher in the classification (total petroleum products, total crude and petroleum produtcs and total energy commodities). The revision is twofold: - New data for the consumption of diesel oil in mobile machine have been incorporated. Consequently, the final energy consumption of gas- and diesel oil in construction, services and agriculture increases. The biggest change is in construction (+10 PJ from 1990-2015, decreasing to 1 PJ in 2019. In agriculture the change is about 0.5-1.5 PJ from 2010 onwards and for services the change is between 0 and 3 PJ for the whole period. - The method for dealing with the statistical difference has been adapted. Earlier from 2013 onwards a difference of about 3 percent was assumed, matching old data (up to and including 2012) on final consumption of diesel for road transport based on the dedicated tax specifically for road that existed until 2012. In the new method the statistical difference is eliminated from 2015 onwards. Final consumption of road transport is calculated as the remainder of total supply to the market of diesel minus deliveries to users other than road transport. The first and second item affect both final consumption of road transport that decreases consequently about 5 percent from 2015 onwards. Before the adaption of the tax system for gas- and diesel oil in 2013 the statistical difference was positive (more supply than consumption). With the new data for mobile machines total consumption has been increased and the statistical difference has been reduced and is even negative for a few years.

Changes as of 1 March 2022: Figures for 1990 up to and including 2020 have been revised. The most important change is a different way of presenting own use of electricity of power-generating installations. Previously, this was regarded as electricity and CHP transformation input. From now on, this is seen as own use, as is customary in international energy statistics. As a result, the input and net energy transformation decrease and own use increases, on average about 15 PJ per year. Final consumers also have power generating installations. That's why final consumers now also have own use, previously this was not so. In the previous revision of 2021, the new sector blast furnaces was introduced for the years 2015 up to and including 2020, which describes the transformation of coke oven coke and coking coal into blast furnace gas that takes place in the production of pig iron from iron ore. This activity was previously part of the steel industry. With this revision, the change has been put back to 1990.

When will new figures be published? Revised provisional figures: June/July of the following year. Definite figures: December of the second following year.

The geology data set for this map includes arcs, polygons, and labels that outline and describe the general geologic age and type of bedrock of Iran. The geologic provinces data set includes arcs, polygons, and labels of geologic and petroleum provinces interpreted and designated by R.M. Pollastro from a number of literature and map resources to assist in the assessment of oil and gas resources for the USGS World Energy Project. The oil and gas field centerpoints data set is a point coverage that marks the approximate centerpoints of oil and gas fields in Iran. Political boundaries are provided to show the general location of country and/or other reference 'political' boundaries.

Palm Oil rose to 4,175 MYR/T on July 11, 2025, up 0.68% from the previous day. Over the past month, Palm Oil's price has risen 8.72%, and is up 6.67% 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 July of 2025.

Gasoline fell to 2.16 USD/Gal on July 14, 2025, down 1.30% from the previous day. Over the past month, Gasoline's price has fallen 3.40%, and is down 13.22% 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 July of 2025.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

Soybeans fell to 1,000.16 USd/Bu on July 14, 2025, down 0.41% from the previous day. Over the past month, Soybeans's price has fallen 6.51%, and is down 6.98% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on July of 2025.

Canola rose to 684.47 CAD/T on July 15, 2025, up 0.27% from the previous day. Over the past month, Canola's price has fallen 7.69%, but it is still 10.35% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Canola - values, historical data, forecasts and news - updated on July of 2025.

LME Index fell to 4,144 Index Points on July 14, 2025, down 0.55% from the previous day. Over the past month, LME Index's price has risen 0.29%, but it is still 1.17% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on July of 2025.