Crude oil, average (World Bank)
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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.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(154032, date)
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