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 provided by the World Bank, the price of crude oil in Europe was 66.77 USD per barrel in January 2026, versus 62.72 in December 2025. This marks a gain of 6.46 percent.
Sample. In this monthly series, there are 793 observations in total. The series covers the time period going from January 1960 to January 2026.
History. Check out some summary statistics computed on the entire sample: the price had a mean value of 34.80 USD per barrel; it attained a maximum of 133.87 in July 2008; it reached a trough of 1.21 in January 1970.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2025-11-30 | 63.609 |
| 2025-12-31 | 62.72 |
| 2026-01-31 | 66.766 |
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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 | 793 | 1960-01-31 | 2026-01-31 |
| Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly | 793 | 1960-01-31 | 2026-01-31 |
| Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly | 793 | 1960-01-31 | 2026-01-31 |
| Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly | 529 | 1982-01-31 | 2026-01-31 |