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 provided by the World Bank, the price of crude oil (worldwide average) was 103.91 USD per barrel in April 2026, compared to 95.58 in the previous month. This represents a gain of 8.72 percent.
Sample. In this monthly series, there are 796 records. The period covered by the series extends from January 1960 to April 2026.
History. Here's a glimpse of a few descriptive statistics we calculated on the full sample: the price hit a trough of 1.21 USD per barrel in January 1970; it reached its highest level of 132.83 in July 2008; it had a mean value of 34.17.
Latest values
| Date | Value - USD / barrel |
|---|---|
| 2026-02-28 | 68.01466666667 |
| 2026-03-31 | 95.57633333333 |
| 2026-04-30 | 103.91433333333 |
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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 | 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 |