Crude oil, Dubai (World Bank)
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Crude oil, Dubai (World Bank) is the Dubai Fateh grade with 32° API, used as a benchmark for Middle East oil in the energy sector calculated by the World Bank, serving as a price reference for Asian markets. In 2026 prices ranged from 62.00 USD/bbl. to 94.70 USD/bbl. with an average of 73.85 USD/bbl. From 1985, the index is based on Dubai Fateh, and in 1960–84 on Saudi Arabian Light 34° API.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(154036, date)
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