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 published by the World Bank, the price of crude oil (worldwide average) was 95.58 USD per barrel in March 2026, compared to 68.01 in February 2026. This marks a rise of 40.54 percent.
Sample. In this monthly series, there are a total of 795 data points. The time range covered by the series extends from January 1960 to March 2026.
History. Here's a glimpse of some simple statistics we computed on the entire sample: the price had an average value of 34.09 USD per barrel; it reached its maximum of 132.83 in July 2008; it reached its minimum of 1.21 in January 1970.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2026-01-31 | 63.652 |
| 2026-02-28 | 68.01466666667 |
| 2026-03-31 | 95.57633333333 |
Suggestion. One of the pluses of our web site is that we publish well-crafted metadata. Find it below to learn more about the properties of the time series that you analyze.
Not for investment purposes. Financial data hosted on this web site are not suitable for investment purposes or as a basis for making financial decisions. Users should seek professional advice and perform their own independent due diligence before making any financial commitments.
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 | 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 |