Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly
This series is part of the dataset: Oil prices (World Bank Pink Sheets)
Download Full Dataset (.xlsx)Latest updates. According to statistics published by the World Bank, the price of crude oil in Europe was 68.20 USD per barrel in August 2025, compared to 70.95 in July. This marks a decrease of 3.88 percent.
Sample. This monthly time series has a total of 788 observations. The series covers the time period stretching from January 1960 to August 2025.
History. Have a look at a few simple statistics computed on the full sample: the price had an average value of 34.61 USD per barrel; it hit a minimum of 1.21 in January 1970; it recorded 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 |