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Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly

Latest updates. According to statistics compiled by the World Bank, the price of crude oil in Europe stood at 62.72 USD per barrel in December 2025, compared to 63.61 in November. This represents a reduction of 1.40 percent.

Sample. In this monthly series, there are a total of 792 data points. The series covers the span of time going from January 1960 to December 2025.

History. Have a look at some summary statistics we calculated on the entire sample: the price recorded a minimum of 1.21 USD per barrel in January 1970; it recorded a maximum of 133.87 in July 2008; it had a mean value of 34.76.

Latest values

Date Value - USD / barrel
2025-10-31 64.651
2025-11-30 63.609
2025-12-31 62.72

Hint. 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 792 1960-01-31 2025-12-31
Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly 792 1960-01-31 2025-12-31
Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly 792 1960-01-31 2025-12-31
Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly 528 1982-01-31 2025-12-31