Crude oil price (USD/bbl) - World average - 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 (worldwide average) was 62.34 USD per barrel in November 2025, versus 63.04 in October 2025. This constitutes a decrease of 1.11 percent.
Sample. In this monthly time series, there are 791 records overall. The time span covered by the series goes from January 1960 to November 2025.
History. Here's a snapshot of some summary statistics calculated on the entire sample: the price recorded its highest level of 132.83 USD per barrel in July 2008; it reached a trough of 1.21 in January 1970; it had a mean value of 33.89.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2025-09-30 | 66.457 |
| 2025-10-31 | 63.04033333333 |
| 2025-11-30 | 62.33633333333 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Commodity price |
| Country or region | World |
| 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 |