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 103.69 USD per barrel in March 2026, versus 71.11 in February. This represents a rise of 45.82 percent.
Sample. This monthly time series has 795 data points. The time period covered by the series goes from January 1960 to March 2026.
History. Have a look at a few simple statistics we calculated on the full sample: the price hit a minimum of 1.21 USD per barrel in January 1970; it recorded its highest level of 133.87 in July 2008; it was equal on average to 34.93.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2026-01-31 | 66.766 |
| 2026-02-28 | 71.114 |
| 2026-03-31 | 103.689 |
Suggestion. 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 | 795 | 1960-01-31 | 2026-03-31 |
| Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly | 795 | 1960-01-31 | 2026-03-31 |
| Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly | 795 | 1960-01-31 | 2026-03-31 |
| Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly | 531 | 1982-01-31 | 2026-03-31 |