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Crude Oil (Brent) Price - Nominal

Source: World Bank (Prices are for Crude oil, U.K. Brent 38` API, f.o.b. U.K ports, spot price), World Bank estimates for 2015-2025, annual average (Jan 2015), World Bank

Last Updated: Feb 1, 2023

Crude oil (brent) price - nominal reached USD 42.3 per bbl in 2020 in the World, according to . This is 33.9% less than in the previous year.

Historically, Crude Oil (Brent) Price - Nominal in the World reached an all time high of USD 112 per bbl in 2012 and an all time low of USD 0.610 per bbl in 1910.

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