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Crude oil, average (World Bank)

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monthly
USD/BBL
UTC+3
Previous value
on 31/07/2026
from
to
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Index description

Crude oil, average (World Bank) is the equally weighted average spot price of Brent, Dubai and West Texas Intermediate, used as a global oil market indicator in the energy sector calculated by the World Bank, serving as a price benchmark for international comparisons. In 2026 prices ranged from 60.90 USD/bbl. to 103.90 USD/bbl. with an average of 79.36 USD/bbl. The index covers equally weighted prices of three key grades.

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Subgroup indices

Index Current value Date
Brent Crude Oil 103.87 USD/BBL 18/09/2026
WTI Crude Oil 100.3 USD/BBL 18/09/2026
Crude oil Arab Light 105.6 USD/BBL 18/09/2026
Crude oil Brass River (Nigeria) 113.73 USD/BBL 18/09/2026
Crude oil CPC Blend (Kazakhstan) 119.31 USD/BBL 18/09/2026
Crude oil DME Oman 124.8 USD/BBL 18/09/2026
Crude oil Iran Heavy CIF Sidi Kerir (Iran) 100.43 USD/BBL 18/09/2026
Crude oil Lula (Brazil) 105.36 USD/BBL 18/09/2026
Crude oil Murban 118.89 USD/BBL 18/09/2026
Crude oil, average (World Bank) 84.4 USD/BBL 31/08/2026
Crude oil, Brent (World Bank) 90.9 USD/BBL 31/08/2026
Crude oil, Dubai (World Bank) 79.7 USD/BBL 31/08/2026
Crude Oil, Dubai Fateh (IMF) 87.5 USD/BBL 31/08/2026
Crude Oil, fob U.K (IMF) 88 USD/BBL 31/08/2026
Crude Oil, West Texas (IMF) 83.74 USD/BBL 31/08/2026
Crude oil, WTI (World Bank) 82.7 USD/BBL 31/08/2026
Oil basket Indian 125.14 USD/BBL 18/09/2026
Oil basket OPEC 119.2 USD/BBL 18/09/2026
Oil ESPO (Average Price, Mineral Extraction Tax — NMM) 535.42 USD/T 31/08/2026
Oil Gas Condensate ESPO (Average Price, Mineral Extraction Tax — NMM) 586.76 USD/T 31/08/2026
Oil Gas Condensate Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo) 517.42 USD/T 31/08/2026
Oil Gas Condensate Urals (Average Price, Mineral Extraction Tax — NMM, FOB Primorsk) 528.15 USD/T 31/08/2026
Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Novo) 472.15 USD/T 31/08/2026
Oil Urals (Average Price, Mineral Extraction Tax — NMM, FOB Primorsk) 481.94 USD/T 31/08/2026
Urals Crude Oil 115.44 USD/BBL 18/09/2026
Urals Oil (Average Price, MET) 67.11 USD/BBL 31/08/2026
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The composition of the index list

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