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 120.42 USD per barrel in April 2026, versus 103.69 in March 2026. This marks a gain of 16.13 percent.
Sample. There are 796 observations in the monthly time series presented in the graph above. The series covers the time period extending from January 1960 to April 2026.
History. Here’s a quick look at a few simple statistics we calculated on the full sample: the price reached its lowest level of 1.21 USD per barrel in January 1970; it peaked at 133.87 in July 2008; it averaged 35.04.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2026-02-28 | 71.114 |
| 2026-03-31 | 103.689 |
| 2026-04-30 | 120.423 |
Heads-up. 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 | 796 | 1960-01-31 | 2026-04-30 |
| Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly | 796 | 1960-01-31 | 2026-04-30 |
| Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly | 796 | 1960-01-31 | 2026-04-30 |
| Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly | 532 | 1982-01-31 | 2026-04-30 |