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 107.54 USD per barrel in May 2026, compared to 120.42 in the previous month. This marks a decrease of 10.70 percent.
Sample. In the monthly time series displayed in the chart, there are 797 observations in total. The span of time covered by the series is from January 1960 to May 2026.
History. Here's a peek at a few descriptive statistics we computed on the whole sample: the price reached a maximum of 133.87 USD per barrel in July 2008; it reached a trough of 1.21 in January 1970; it had an average value of 35.13.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2026-03-31 | 103.69 |
| 2026-04-30 | 120.42 |
| 2026-05-31 | 107.54 |
Tip. 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
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 | 797 | 1960-01-31 | 2026-05-31 |
| Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly | 797 | 1960-01-31 | 2026-05-31 |
| Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly | 797 | 1960-01-31 | 2026-05-31 |
| Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly | 533 | 1982-01-31 | 2026-05-31 |