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 compiled by the World Bank, the price of crude oil in Europe was 63.61 USD per barrel in November 2025, versus 64.65 in the previous month. This marks a decrease of 1.61 percent.
Sample. There are 791 data points in the monthly time series displayed in the plot above. The span of time covered by the series stretches from January 1960 to November 2025.
History. Here's a peek at some summary statistics we calculated on the full sample: the price had an average value of 34.72 USD per barrel; it reached a minimum of 1.21 in January 1970; it reached its highest level of 133.87 in July 2008.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2025-09-30 | 67.951 |
| 2025-10-31 | 64.651 |
| 2025-11-30 | 63.609 |
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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 | 791 | 1960-01-31 | 2025-11-30 |
| Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly | 791 | 1960-01-31 | 2025-11-30 |
| Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly | 791 | 1960-01-31 | 2025-11-30 |
| Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly | 527 | 1982-01-31 | 2025-11-30 |