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Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly

Latest updates. According to statistics prepared by the World Bank, the price of crude oil in Europe stood at 68.20 USD per barrel in August 2025, compared to 70.95 in July. This represents a reduction of 3.88 percent.

Sample. This monthly series has 788 data points overall. The span of time covered by the series is from January 1960 to August 2025.

History. Here are some statistics computed on the whole sample: the price averaged 34.61 USD per barrel; it recorded a minimum of 1.21 in January 1970; it achieved a maximum of 133.87 in July 2008.

Latest values

Date Value - USD / barrel
2025-06-30 71.45
2025-07-31 70.951
2025-08-31 68.203

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Series Metadata

Field Value
Description Commodity price
Country or region Europe
Economic concept Price
Data type Price estimates
Seasonally adjusted No
Frequency Monthly
Unit USD / barrel
Sources World Bank
Source type International organization
Data licence Creative Commons Attribution Licence
Measure type Level

Series in the same data set

Discover the other time series included in this data set.

Oil prices

Series Name Observations Start Date End Date
Crude oil price (USD/bbl) - World average - World Bank Pink Sheets - Monthly 788 1960-01-31 2025-08-31
Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly 788 1960-01-31 2025-08-31
Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly 788 1960-01-31 2025-08-31
Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly 524 1982-01-31 2025-08-31