Crude oil price (USD/bbl) - World average - 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 prepared by the World Bank, the price of crude oil (worldwide average) stood at 102.30 USD per barrel in September 2026, compared to 84.40 in August 2026. This constitutes an increase of 21.21 percent.
Sample. There are 801 records overall in the monthly series displayed in the graph above. The span of time covered by the series extends from January 1960 to September 2026.
History. Here are a few summary statistics we calculated on the entire sample: the price reached a maximum of 132.80 USD per barrel in July 2008; it hit a minimum of 1.20 in January 1970; it had a mean of 34.52.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2026-07-31 | 79.8000 |
| 2026-08-31 | 84.4000 |
| 2026-09-30 | 102.300 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Commodity price |
| Country or region | World |
| 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 | 801 | 1960-01-31 | 2026-09-30 |
| Crude oil price (USD/bbl) - Europe - World Bank Pink Sheets - Monthly | 801 | 1960-01-31 | 2026-09-30 |
| Crude oil price (USD/bbl) - Asia - World Bank Pink Sheets - Monthly | 801 | 1960-01-31 | 2026-09-30 |
| Crude oil price (USD/bbl) - North America - World Bank Pink Sheets - Monthly | 537 | 1982-01-31 | 2026-09-30 |