Over last twelve months the price has fallen 13.53%. Average annual brent crude oil price from 1976 to 2025 (in u.s Dollars per barrel) zoomable statistic Select the range in the chart you want to zoom in on. The chart has 1 x axis displaying time The chart has 1 y axis displaying values
Data ranges from 14.236 to 127.398 The chart has 1 x axis displaying time. Brent crude oil is a major benchmark price for purchases of oil worldwide While brent crude oil is sourced from the north sea the oil production coming from europe, africa and the middle east flowing west tends to be priced relative to this oil. We expect the brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, close to the 2023 average of $82/b Our forecast for relatively little price change is based on expectations that global supply and demand of petroleum liquids will be relatively balanced.
Graph and download economic data for crude oil prices View monthly updates and historical trends for average crude oil spot price Track economic data with ycharts analytics. The chart uses yearly closing price of brent crude oil for each year from 1987 to present This captures the most recent data points for the present year Brent crude price data are inflation adjusted 2025 us dollars
Energy information administration, europe brent spot prices.
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