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Crude Oil (Average) Price - Nominal

Source: Average spot price of Brent, Dubai and West Texas Intermediate, equally weighed, World Bank estimates for 2015-2025, annual average (Jan 2015)
Last Updated: Aug 1, 2022

Crude oil (average) price - nominal reached USD 70.0 per bbl in 2035 in the World, according to Average spot price of Brent, Dubai and West Texas Intermediate, equally weighed, World Bank estimates for 2015-2025, annual average (Jan 2015). This is 0% more than in the previous year.

Historically, Crude Oil (Average) Price - Nominal in the World reached an all time high of USD 105 per bbl in 2012 and an all time low of USD 1.21 per bbl in 1970.

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