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 prepared by the World Bank, the price of crude oil in Europe stood at 68.20 USD per barrel in August 2025, versus 70.95 in the previous month. This marks a decrease of 3.88 percent.
Sample. There are 788 data points overall in the monthly series displayed in the figure above. The time period covered by the series goes from January 1960 to August 2025.
History. Take a look at a few summary statistics computed on the full sample: the price averaged 34.61 USD per barrel; it reached a minimum of 1.21 in January 1970; it recorded its 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 |
Suggestion. We group indicators into worksheets and datasets to simplify complex analyses. When you look below, you will discover how we structured further information related to the statistics provided here.
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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: 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 |