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• OPEC oil prices 1960-2020 | Statista
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In 2020, the preliminary OPEC oil price per barrel was about 50 U.S. dollars."/><meta id="gtm_routeName" data-page="statistic.en"/><meta id="gtm_userProductGroup" data-page="anonymous"/><meta id="gtm_accountTypeId" data-page="31"/><meta id="gtm_locale" data-page="en"/><meta id="gtm_pageType" data-page="statistic.en"/><meta id="gtm_userPhase" data-page="content"/><meta id="gtm_userId" data-page="0"/><meta id="gtm_userProductId" data-page="31"/><meta id="gtm_userLog" data-page="false"/><meta id="gtm_lastContentId" data-page=""/><meta id="dl_gtm_contentview" data-page="{"event":"contentView","contentType":"statistic","contentId":"262858","contentTitle":"OPEC oil price annually 1960-2020","contentMainSector":"Crude Oil","contentAccess":"paid","contentEditor":"728"}"/><meta id="dl_gtm_productview" data-page="{"event":"productView","ecommerce":{"currencyCode":"USD","impressions":[{"name":"Premium Account","id":"statistic262858","price":"0.00","brand":"OPEC oil price annually 1960-2020","category":"Crude Oil","variant":"paid","list":"statistic"}]}}"/><meta id="gtm_stroeer_pageType" data-page="visit-pdp"><meta id="gtm_stroeer_gid" data-page=""><meta id="gtm_stroeer_pixel" data-page="f0e80600-a426-4cb4-b7fb-52c6dd25383d"><meta id="gtm_stat_surveyPeriod" data-page="1960 to 2020"/><meta id="gtm_stat_editor" data-page="728"/><meta id="gtm_stat_accessType" data-page="paid"/><meta id="gtm_stat_rsLength" data-page="1600"/><meta id="gtm_stat_ers" data-page="false"/><meta id="gtm_stat_pinStatus" data-page="2"/><meta id="gtm_stat_userView" data-page="paywall"/><meta id="gtm_stat_graphType" data-page="line"/><meta id="gtm_stat_dateEdit" data-page="2020-07"/><meta id="gtm_stat_dateReleased" data-page="2020-06"/><meta id="gtm_stat_l2List" data-page="Oil and gasoline prices"/><meta id="gtm_stat_country" data-page="Worldwide"/><meta id="gtm_stat_frequency" data-page="monthly"/><meta id="gtm_stat_masterBranch" data-page="Crude Oil"/><meta id="gtm_stat_mainBranch" data-page="Chemicals & Resources"/><meta id="gtm_stat_masterTag1" data-page="price"/><meta id="gtm_stat_masterTag2" data-page="oil price"/><meta id="gtm_stat_masterTag3" data-page="OPEC"/><meta id="gtm_stat_masterTag4" data-page="crude oil"/><meta id="gtm_stat_branch1" data-page="Electricity"/><meta id="gtm_stat_branch2" data-page="Crude Oil"/><meta id="gtm_stat_continent" data-page="Worldwide"/><meta id="gtm_stat_graphSort" data-page="Horizontal"/><meta id="gtm_stat_updateType" data-page="Fundamental"/><meta id="gtm_stat_relevance" data-page="5"/><meta name="robots" content="index"/><meta name="viewport" content="width=device-width,initial-scale=1.0"/><link rel="icon" href="/web/20200808120940im_/https://www.statista.com/favicon-48x48.png" sizes="48x48"><link rel="icon" href="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/favicon.svg" type="image/svg+xml" sizes="192x192"><link rel="shortcut alternate icon" href="https://cdn.statcdn.com/static/favicon.ico"><link rel="icon" href="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/favicon.ico"><meta name="application-name" content="Statista"><meta name="msapplication-TileImage" content="https://cdn.statcdn.com/static/img/tile-icon.png"><meta name="msapplication-TileColor" content="#0b85e5"><meta name="theme-color" content="#0b85e5"><meta name="apple-mobile-web-app-status-bar-style" content="black-translucent"><meta name="apple-mobile-web-app-title" content="Statista"/><link rel="apple-touch-icon-precomposed" href="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/img/openGraph-Statistic.png"><link rel="alternate" hreflang="es" href="https://web.archive.org/web/20200808120940/https://es.statista.com/estadisticas/635114/precio-medio-del-crudo-fijado-por-la-opep/"/><meta property="og:url" content="https://web.archive.org/web/20200808120940/https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/"/><meta property="og:site_name" content="Statista"/><meta property="og:title" content="OPEC oil prices 1960-2020 | Statista"/><meta property="og:description" content="This statistic depicts the OPEC oil price development between 1960 and 2020. In 2020, the preliminary OPEC oil price per barrel was about 50 U.S. dollars."/><meta property="og:image" content="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/Statistic/260000/262858-blank-355.png"/><meta property="og:image:width" content="355"/><meta property="og:image:height" content="253"/><link rel="stylesheet" href="/web/20200808120940cs_/https://www.statista.com/css/base.css?bb95a401bfdaa741acceafdb9f242875"><link rel="stylesheet" href="/web/20200808120940cs_/https://www.statista.com/css/main.css?bb95a401bfdaa741acceafdb9f242875" media="none"><link rel="stylesheet" href="https://web.archive.org/web/20200808120940cs_/https://cdn.statcdn.com/static/css/fontawesome/4-7-0/css/font-awesome.min.css" media="none"><link rel="stylesheet" href="/web/20200808120940cs_/https://www.statista.com/css/pendo/statista.css?bb95a401bfdaa741acceafdb9f242875" media="pendo"><noscript><link rel="stylesheet" href="/web/20200808120940cs_/https://www.statista.com/css/main.css?bb95a401bfdaa741acceafdb9f242875"><link rel="stylesheet" href="https://web.archive.org/web/20200808120940cs_/https://cdn.statcdn.com/static/css/fontawesome/4-7-0/css/font-awesome.min.css"></noscript><link rel="stylesheet" href="/web/20200808120940cs_/https://www.statista.com/css/pages/mobile.css?bb95a401bfdaa741acceafdb9f242875" media="screen and (max-width: 767px)"><link rel="stylesheet" href="/web/20200808120940cs_/https://www.statista.com/css/pages/statistic.css?bb95a401bfdaa741acceafdb9f242875"/><link rel="stylesheet" href="/web/20200808120940cs_/https://www.statista.com/css/statistic-print.css?bb95a401bfdaa741acceafdb9f242875" media="print"/><script src="/web/20200808120940js_/https://www.statista.com/dist/js/manifest.js?bb95a401bfdaa741acceafdb9f242875"></script><script src="/web/20200808120940js_/https://www.statista.com/dist/js/dynamicscripts.js?bb95a401bfdaa741acceafdb9f242875"></script><script defer src="/web/20200808120940js_/https://www.statista.com/dist/js/polyfill.js?bb95a401bfdaa741acceafdb9f242875"></script><script defer src="/web/20200808120940js_/https://www.statista.com/dist/js/vendor.js?bb95a401bfdaa741acceafdb9f242875"></script><script defer src="/web/20200808120940js_/https://www.statista.com/dist/js/main.js?bb95a401bfdaa741acceafdb9f242875"></script><script defer src="/web/20200808120940js_/https://www.statista.com/dist/js/nonRenderblockingCss.js?bb95a401bfdaa741acceafdb9f242875"></script><script> var stGlobals = { 'currentPath': 'statistic.en', 'path': {}, 'trans': {}, 'locale': 'en', 'digitSeparator': ',', 'digitDecimal': '.', 'env': 'prod', '_template': {}//Template data cache object } </script><script type="application/ld+json"> { "@context":"https://web.archive.org/web/20200808120940/https://schema.org/", "@graph": [ { "@context": "https://web.archive.org/web/20200808120940/https://schema.org", "@type": "Organization", "url": "https://web.archive.org/web/20200808120940/https://www.statista.com", "name": "Statista", "logo": { "@type": "ImageObject", "url": "https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/static/img/Statista-Logo.png" } }, { "@type": "Dataset", "name": "OPEC oil price annually 1960-2020", "description": "In 2020, the preliminary average annual oil price per barrel stood at 39.07 U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries. The following countries are members of the organization: Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. The OPEC was founded in 1960 in Baghdad, Iraq. OPEC crude oil prices The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) Basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between given maxima and minima. The OPEC Basket is one of the most significant benchmarks for crude oil prices worldwide. The most important benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. 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page__content--statistic2019"><section id="dc-billboard" class="text-center"></section><section id="statisticHeader" data-url="https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/" class="statisticHeader responsiveSection responsiveSection--maxWidth responsiveSection--padding padding-top-s-15"><div class="breadcrumbs breadcrumbs--statistic hidePrint" itemscope itemtype="http://data-vocabulary.org/Breadcrumb"><ul itemscope itemtype="http://data-vocabulary.org/Breadcrumb"><li itemscope itemtype="https://data-vocabulary.org/Breadcrumb"><a href="/web/20200808120940/https://www.statista.com/markets/410/chemicals-resources/" itemprop="url"><span itemprop="title">Chemicals & Resources</span></a><span class="divider">›</span></li><li itemscope itemtype="https://data-vocabulary.org/Breadcrumb"><a href="/web/20200808120940/https://www.statista.com/markets/410/topic/444/fossil-fuels/" itemprop="url"><span itemprop="title">Fossil Fuels</span></a></li></ul><div class="hideMobile"><div class="badge-statistic premium " style="" data-tooltip="hover" data-tooltiptarget=".badgePremiumTooltip" data-tooltipoptions="{"width":320,"hideArrow":false,"position":"left","showOverlay":false}"><a href="/web/20200808120940/https://www.statista.com/accounts/" aria-label="Account overview"></a> Premium </div><div class="badgePremiumTooltip hide"><div><div class="pos-relative z-index-1 text-left"><div class="h5 text-left padding-top-15"><strong>Premium statistics <span class="icon-premium-16"></span></strong></div><p>Industry-specific and extensively researched technical data (partially from exclusive partnerships). <br/><br/>A paid subscription is required for full access.</p><div class="text-center padding-top-10"><a href="/web/20200808120940/https://www.statista.com/accounts/" class=""><i class="fa fa-info-circle"></i> Read more </a></div></div><div class="bg-modal-wave badgePremiumBackground"></div></div></div></div></div><div class="contentFlex"><article class="margin-top-20 flex--order-mobilefirst-s-3 width100"><div class="panelCard panelCard--mobileReset padding-all-20 padding-all-s-0"><header class="panel__header panel__header--statistic padding-bottom-0"><h1 class="h4 panel__title panel__title--statistic"> OPEC oil price annually 1960-2020 </h1><div class="content__author margin-vertical-5 margin-bottom-s-10 content__author--mobile"><span class="content__author--name"> Published by <a href="/web/20200808120940/https://www.statista.com/aboutus/our-research-commitment">N. S枚nnichsen</a>, </span><span class="content__author--date"> Jul 29, 2020 </span></div></header><div class="statisticContent__text readingAid__wrapper padding-bottom-s-20" data-readingaid data-readingaid-height="{"mobile": 300, "desktop": 150}"><div data-readingaid-text class="responsiveText padding-bottom-10 readingAid__text"><a class="contentPrefix hidePrint" aria-hidden="true" data-smoothscroll href="#statisticContainer"><span class="iconSprite margin-bottom-2 margin-right-5 iconSprite--statisticPremium vertical-bottom"></span></a> In 2020, the preliminary average annual oil price per barrel stood at 39.07 U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries. The following countries are members of the organization: Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the <a href="/web/20200808120940/https://www.statista.com/statistics/265205/oil-production-in-opec-countries-in-barrels-per-day/">OPEC</a> is to coordinate the oil policies of its member states. The OPEC was founded in 1960 in Baghdad, Iraq. <br><br><h2>OPEC crude oil prices</h2> The OPEC crude oil price is defined by the price of the so-called <a href="/web/20200808120940/https://www.statista.com/statistics/277914/monthly-average-prices-of-the-opec-crude-oil-basket/">OPEC (Reference) Basket</a>. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between given maxima and minima. <br> The OPEC Basket is one of the most significant benchmarks for crude oil prices worldwide. The most important benchmarks are <a href="/web/20200808120940/https://www.statista.com/statistics/209641/average-annual-spot-price-of-wti-and-brent-crude-oil/">UK Brent, West Texas Intermediate (WTI)</a>, and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. <div data-readingaid-gradient class="readingAid__gradient"></div></div><button type="button" data-readingaid-toggle="Hide" data-gtm="descriptionReadMore" class="button button--additionalText button--primary lightButton lightButton--hollow font-size-15px readingAid__expand--invisible hidePrint"><span> Read more </span></button></div></div></article><div class="display-block width100 flex--order-mobilefirst-s-1"><h2 class="sectionHeadline sectionHeadline--statistic"><span class="display-block width100"> Average annual OPEC crude oil price from 1960 to 2020 </span><span class="display-block sectionSubline--statistic width100"> (in U.S. dollars per barrel) </span></h2></div><div class="statisticData flex--order-mobilefirst-s-2"><div class="statisticWrapper"><div id="statisticContainer" class="statisticContainer" data-paywallcontent><div class="panelCard panelCard--statistic"><div class="statisticChartNavMobile hidePrint"><div class="statisticChartNavMobile__right"></div></div><article class="panel__content panel__content--statistic"><div data-readingaid data-readingaid-height="500"><div class="readingAid"><div id="tableContainer" class="statisticChart statisticChart--typeTable hide "><div class="dataTables_wrapper"><div id="statTable"></div></div><table id="statTableHTML" class="table hidden"><thead><tr><th></th><th>Average price in U.S. dollars per 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width="100" class="padding-right-10"/><div class="sharingHeader"> Average annual OPEC crude oil price from 1960 to 2020 </div></div><hr class="hrLight"><div><div class="hl-module"> Share this statistic <div class="flex sharingButtonContainer"><a href="https://web.archive.org/web/20200808120940/https://www.facebook.com/sharer/sharer.php?u=https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/" target="_blank" rel="noopener" class="sharingButton sharingButton--facebook"><i class="fa fa-facebook"></i></a><a href="https://web.archive.org/web/20200808120940/https://www.linkedin.com/shareArticle?url=https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/" target="_blank" rel="noopener" class="sharingButton sharingButton--linkedin"><i class="fa fa-linkedin"></i></a><a href="https://web.archive.org/web/20200808120940/https://twitter.com/intent/tweet?text=Statista - Average annual OPEC crude oil price from 1960 to 2020 (in U.S. dollars per barrel) https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/" target="_blank" rel="noopener" class="sharingButton sharingButton--twitter"><i class="fa fa-twitter"></i></a><a href="mailto:?subject=Statista - Average annual OPEC crude oil price from 1960 to 2020 (in U.S. dollars per barrel)&body=In 2020, the preliminary average annual oil price per barrel stood at 39.07 U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries. The following countries are members of the organization: Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. The OPEC was founded in 1960 in Baghdad, Iraq.

OPEC crude oil prices

The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) Basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between given maxima and minima.  

The OPEC Basket is one of the most significant benchmarks for crude oil prices worldwide. The most important benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market.  https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/" class="sharingButton sharingButton--mail"><i class="fa fa-envelope"></i></a></div></div></div></div></script></div></div></div><div id="statisticSidebar" class="statisticSidebar" data-statistic-sidebar><div class="sidebarStickyBox"><div class="hideMobile"><div data-vue-download-buttons></div></div><div class="flex--grow1 flex--shrink0 height100 panelCard statTabsWrapper--solo margin-top-0"><div id="statTabs__sources" class="statTabs__content statTabs__content--active" data-paywallcontent><article class="scrollBox statTabs__scroller statTabs__scroller--normal padding-right-10" data-accordion="{'hideOthers': false, 'onlyViewport': 'mobile', 'openOnMobile': false}"><div class="h5 margin-bottom-15 font-size-s-110 mobileAccordion__title showMobile" aria-expanded="false" 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data-infotab-unlock="details" data-file="additionalInfo"><i class="fa fa-long-arrow-right" aria-hidden="true"></i> Show publisher information </div></p></div><div class="infoBox"><div class="infoBox__title"> Release date </div><p class="infoBox__text">June 2020</p></div></div><div class="h5 margin-bottom-15 padding-top-10 font-size-s-110 mobileAccordion__title showMobile" aria-expanded="false" aria-controls="accordion-details" data-gtm="statistic__showMoreInformation" data-accordioncontent="#accordion-details"><span class="mobileAccordion__toggle"><i class="fa fa-chevron-right"></i></span><strong>More information</strong></div><div id="accordion-details" class="hidden-s"><div class="infoBox"><div class="infoBox__title"> Region </div><p class="infoBox__text">Worldwide</p></div><div class="infoBox"><div class="infoBox__title">Survey time period</div><p class="infoBox__text">1960 to 2020</p></div><div class="infoBox infoBox--fullWidth"><div class="infoBox__title"> Supplementary notes </div><p class="infoBox__text">* 2019 data was calculated by Statista using monthly data, data for 2020 is preliminary as of June. <br>The prices are annual averages of selected OPEC crude oils (OPEC basket).</p></div><div class="infoBox"><div class="infoBox__title">Open this statistic in...</div><div class="padding-top-5"><a href="https://web.archive.org/web/20200808120940/https://es.statista.com/estadisticas/635114/precio-medio-del-crudo-fijado-por-la-opep/"><span class="flagIcon flagIcon--spain margin-right-5"></span><span>Spanish</span></a></div></div></div></article></div></div></div></div></div></div><div class="flex--order-mobilefirst-s-5 responsiveSection--maxWidth"><div id="furtherStatistics" class="sectionFurtherStatistics hidePrint"><h2 class="lineheight-10"><div class="hl-module text-color--secondary margin-all-0">Other statistics on the topic</div><a href="/web/20200808120940/https://www.statista.com/topics/1830/opec/" class="furtherStatistics__topicLink margin-top-5 lineheight-15" data-gtm="l1__topicKeyword">OPEC</a></h2><div class="furtherStatistics__statisticsWrapper margin-horizontal-0"><a href="/web/20200808120940/https://www.statista.com/statistics/204740/retail-price-of-gasoline-in-the-united-states-since-1990/" class="furtherStatistics__statistic" data-gtm="l1__statistic--01"><div class="statisticThumbnail__wrapper"><img src="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/icons/blank.gif" data-src="https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/Statistic/200000/204740-blank-100.png" alt="Retail price of regular gasoline in the United States from 1990 to 2019 (in U.S. dollars per gallon)" width="100" height="71" class="lazy margin-right-15 statisticThumbnail"/><span class="statisticThumbnail__premium">+</span></div><div class="flex--grow"><p class="furtherStatistics__statisticRooftitle hl-module margin-bottom-3 hideMobile">Vehicles & Road Traffic</p><p class="furtherStatistics__statisticTitle">Retail price of gasoline in the United States 1990-2019</p></div></a><a href="/web/20200808120940/https://www.statista.com/statistics/221368/gas-prices-around-the-world/" class="furtherStatistics__statistic" data-gtm="l1__statistic--02"><div class="statisticThumbnail__wrapper"><img src="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/icons/blank.gif" data-src="https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/Statistic/220000/221368-blank-100.png" alt="Gasoline prices in selected countries worldwide in 4th quarter of 2019 (in U.S. dollars per gallon)" width="100" height="71" class="lazy margin-right-15 statisticThumbnail"/><span class="statisticThumbnail__premium">+</span></div><div class="flex--grow"><p class="furtherStatistics__statisticRooftitle hl-module margin-bottom-3 hideMobile">Vehicles & Road Traffic</p><p class="furtherStatistics__statisticTitle">Gas prices around the world Q4 2019</p></div></a><a href="/web/20200808120940/https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/" class="furtherStatistics__statistic" data-gtm="l1__statistic--03"><div class="statisticThumbnail__wrapper"><img src="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/icons/blank.gif" data-src="https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/Statistic/200000/204169-blank-100.png" alt="Monthly retail prices of diesel fuel in the United States from July 2019 to July 2020 (in U.S. dollars per gallon)" width="100" height="71" class="lazy margin-right-15 statisticThumbnail"/><span class="statisticThumbnail__premium">+</span></div><div class="flex--grow"><p class="furtherStatistics__statisticRooftitle hl-module margin-bottom-3 hideMobile">Petroleum & Refinery</p><p class="furtherStatistics__statisticTitle">U.S. retail prices of diesel fuel monthly 2019-2020</p></div></a><a href="/web/20200808120940/https://www.statista.com/statistics/409404/forecast-for-uk-brent-crude-oil-prices/" class="furtherStatistics__statistic" data-gtm="l1__statistic--04"><div class="statisticThumbnail__wrapper"><img src="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/icons/blank.gif" data-src="https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/Statistic/405000/409404-blank-100.png" alt="Brent Crude oil prices from 2014 to 2021 (in U.S. dollars per barrel)" width="100" height="71" class="lazy margin-right-15 statisticThumbnail"/><span class="statisticThumbnail__premium">+</span></div><div class="flex--grow"><p class="furtherStatistics__statisticRooftitle hl-module margin-bottom-3 hideMobile">Petroleum & Refinery</p><p class="furtherStatistics__statisticTitle">Crude oil prices: Brent Crude 2014-2021</p></div></a></div><div class="furtherStatistics__verticalCarrousel"></div><div class="furtherStatistics__button"><form 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data-desktop-content="03_logosCustomer.html.twig"></div><div data-desktop-content="04_studies.html.twig"></div><div data-desktop-content="05_testimonials.html.twig"></div><section id="statisticDossier" class="statisticTabbarDossier responsiveSection responsiveSection--legacy responsiveSection--padding flex--order-s-11"><div class="contentFlex"><h2 class="contentFlex__header contentFlex__header--statistic hideMobile"><div class="h4 margin-bottom-30"><strong>Statistics on</strong> "<span data-tabbar-title>Oil and gasoline prices</span>" </div></h2><div class="tabbar__content-wrap width60 padding-all-15 padding-all-s-0" data-statisticdossier-wrapper><div class="tabbar__content" id="statisticDossier__content1" data-dossier-tab data-tabbar-content="tabbarContent1" data-title="Global price determinants" role="tabpanel"><div class="padding-left-7 margin-bottom-15 text-color--secondary hideMobile"><b>The most important statistics</b></div><ul class="list list--blank"><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/" class="list__itemWrap text--linkReset" title="Oil - global production 1998-2019" data-gtm="statListL2__stat1"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Oil - global production 1998-2019</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/265239/global-oil-consumption-in-barrels-per-day/" class="list__itemWrap text--linkReset" title="Oil - global consumption in barrels per day 1998-2019" data-gtm="statListL2__stat2"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Oil - global consumption in barrels per day 1998-2019</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/272502/global-oil-demand-by-region/" class="list__itemWrap text--linkReset" title="Global oil demand by region 2019-2020" data-gtm="statListL2__stat3"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Global oil demand by region 2019-2020</span></a></li></ul></div><div class="tabbar__content" id="statisticDossier__content2" data-dossier-tab data-tabbar-content="tabbarContent2" data-title="UK Brent" role="tabpanel"><div class="padding-left-7 margin-bottom-15 text-color--secondary hideMobile"><b>The most important statistics</b></div><ul class="list list--blank"><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/262860/uk-brent-crude-oil-price-changes-since-1976/" class="list__itemWrap text--linkReset" title="Brent crude oil price annually 1976-2020" data-gtm="statListL2__stat1"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Brent crude oil price annually 1976-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/262861/uk-brent-crude-oil-monthly-price-development/" class="list__itemWrap text--linkReset" title="Monthly crude oil price average for Brent 2019-2020" data-gtm="statListL2__stat2"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Monthly crude oil price average for Brent 2019-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/409404/forecast-for-uk-brent-crude-oil-prices/" class="list__itemWrap text--linkReset" title="Crude oil prices: Brent Crude 2014-2021" data-gtm="statListL2__stat3"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Crude oil prices: Brent Crude 2014-2021</span></a></li></ul></div><div class="tabbar__content" id="statisticDossier__content3" data-dossier-tab data-tabbar-content="tabbarContent3" data-title="West Texas Intermediate (WTI)" role="tabpanel"><div class="padding-left-7 margin-bottom-15 text-color--secondary hideMobile"><b>The most important statistics</b></div><ul class="list list--blank"><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/266659/west-texas-intermediate-oil-prices/" class="list__itemWrap text--linkReset" title="West Texas Intermediate annual average oil price 1976-2020" data-gtm="statListL2__stat1"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">West Texas Intermediate annual average oil price 1976-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/279941/west-texas-intermediate-wti-crude-oil-price/" class="list__itemWrap text--linkReset" title="West Texas Intermediate (WTI) crude oil price monthly 2019-2020" data-gtm="statListL2__stat2"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">West Texas Intermediate (WTI) crude oil price monthly 2019-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/973795/west-texas-intermediate-price-highlights/" class="list__itemWrap text--linkReset" title="WTI price highlights 2008-2018" data-gtm="statListL2__stat3"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">WTI price highlights 2008-2018</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/206764/forecast-for-west-texas-intermediate-crude-oil-prices/" class="list__itemWrap text--linkReset" title="U.S. crude oil prices: West Texas Intermediate 2012-2021" data-gtm="statListL2__stat4"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">U.S. crude oil prices: West Texas Intermediate 2012-2021</span></a></li></ul></div><div class="tabbar__content" id="statisticDossier__content4" data-dossier-tab data-dossier-tab-initopen data-tabbar-content="tabbarContent4" data-title="OPEC basket" role="tabpanel"><div class="padding-left-7 margin-bottom-15 text-color--secondary hideMobile"><b>The most important statistics</b></div><ul class="list list--blank"><li class="list__item padding-bottom-s-10 active"><a href="/web/20200808120940/https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/" class="list__itemWrap text--linkReset" title="OPEC oil price annually 1960-2020" data-gtm="statListL2__stat1"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">OPEC oil price annually 1960-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/277914/monthly-average-prices-of-the-opec-crude-oil-basket/" class="list__itemWrap text--linkReset" title="Monthly average crude oil prices of the OPEC basket 2019-2020" data-gtm="statListL2__stat2"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Monthly average crude oil prices of the OPEC basket 2019-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/282785/opecs-oil-price-assumptions-via-reference-basket/" class="list__itemWrap text--linkReset" title="OPEC reference basket - oil price 2016-2040" data-gtm="statListL2__stat3"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">OPEC reference basket - oil price 2016-2040</span></a></li></ul></div><div class="tabbar__content" id="statisticDossier__content5" data-dossier-tab data-tabbar-content="tabbarContent5" data-title="Country comparison" role="tabpanel"><div class="padding-left-7 margin-bottom-15 text-color--secondary hideMobile"><b>The most important statistics</b></div><ul class="list list--blank"><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/221368/gas-prices-around-the-world/" class="list__itemWrap text--linkReset" title="Gas prices around the world Q4 2019" data-gtm="statListL2__stat1"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Gas prices around the world Q4 2019</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/288727/monthly-gasoline-price-per-liter-in-selected-countries/" class="list__itemWrap text--linkReset" title="Gasoline price per liter in selected countries - June 2020" data-gtm="statListL2__stat2"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Gasoline price per liter in selected countries - June 2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/262745/change-of-gasoline-price-in-selected-countries/" class="list__itemWrap text--linkReset" title="Change of gasoline price in selected countries 2019-2020" data-gtm="statListL2__stat3"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Change of gasoline price in selected countries 2019-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/288742/monthly-diesel-price-per-liter-in-selected-countries/" class="list__itemWrap text--linkReset" title="Diesel price per liter in selected countries - June 2020" data-gtm="statListL2__stat4"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Diesel price per liter in selected countries - June 2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/288702/change-of-diesel-price-in-selected-countries/" class="list__itemWrap text--linkReset" title="Change of diesel price in selected countries 2019-2020" data-gtm="statListL2__stat5"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Change of diesel price in selected countries 2019-2020</span></a></li></ul></div><div class="tabbar__content" id="statisticDossier__content6" data-dossier-tab data-tabbar-content="tabbarContent6" data-title="United States - prices" role="tabpanel"><div class="padding-left-7 margin-bottom-15 text-color--secondary hideMobile"><b>The most important statistics</b></div><ul class="list list--blank"><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/201759/us-domestic-first-purchase-prices-for-crude-oil-since-1975/" class="list__itemWrap text--linkReset" title="U.S. crude oil prices: annual average domestic first purchase prices 1975-2019" data-gtm="statListL2__stat1"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">U.S. crude oil prices: annual average domestic first purchase prices 1975-2019</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/223304/real-gas-price-to-end-users-in-the-us/" class="list__itemWrap text--linkReset" title="Cost of fuels to U.S. end users - real price of motor gasoline 1980-2019" data-gtm="statListL2__stat2"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Cost of fuels to U.S. end users - real price of motor gasoline 1980-2019</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/204740/retail-price-of-gasoline-in-the-united-states-since-1990/" class="list__itemWrap text--linkReset" title="Retail price of gasoline in the United States 1990-2019" data-gtm="statListL2__stat3"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Retail price of gasoline in the United States 1990-2019</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/" class="list__itemWrap text--linkReset" title="U.S. retail prices of diesel fuel monthly 2019-2020" data-gtm="statListL2__stat4"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">U.S. retail prices of diesel fuel monthly 2019-2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/221998/annual-us-gasoline-prices-in-selected-times-of-crisis/" class="list__itemWrap text--linkReset" title="Annual U.S. gasoline prices in times of crisis 1956-2011" data-gtm="statListL2__stat5"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Annual U.S. gasoline prices in times of crisis 1956-2011</span></a></li></ul></div><div class="tabbar__content" id="statisticDossier__content7" data-dossier-tab data-tabbar-content="tabbarContent7" data-title="United States - taxes" role="tabpanel"><div class="padding-left-7 margin-bottom-15 text-color--secondary hideMobile"><b>The most important statistics</b></div><ul class="list list--blank"><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/206513/state-gasoline-and-diesel-tax-rates-in-the-us-since-1997/" class="list__itemWrap text--linkReset" title="State motor fuel tax rates in the United States 2001-2018" data-gtm="statListL2__stat1"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">State motor fuel tax rates in the United States 2001-2018</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/249129/us-state-and-local-motor-fuel-tax-revenue/" class="list__itemWrap text--linkReset" title="U.S. state and local motor fuel tax revenue 1977-2017" data-gtm="statListL2__stat2"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">U.S. state and local motor fuel tax revenue 1977-2017</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/197316/us-gasoline-motor-fuel-taxes/" class="list__itemWrap text--linkReset" title="U.S. gasoline motor fuel taxes January 2020" data-gtm="statListL2__stat3"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">U.S. gasoline motor fuel taxes January 2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/197295/us-gasoline-motor-fuel-taxes-by-region/" class="list__itemWrap text--linkReset" title="U.S. gasoline motor fuel taxes by region - January 2020" data-gtm="statListL2__stat4"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">U.S. gasoline motor fuel taxes by region - January 2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/616129/breakdown-of-the-united-states-gasoline-price-by-expense/" class="list__itemWrap text--linkReset" title="U.S. gasoline price breakdown by cost 2020" data-gtm="statListL2__stat5"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">U.S. gasoline price breakdown by cost 2020</span></a></li><li class="list__item padding-bottom-s-10 "><a href="/web/20200808120940/https://www.statista.com/statistics/653066/breakdown-of-the-united-states-diesel-price-by-expense/" class="list__itemWrap text--linkReset" title="U.S. diesel price breakdown by cost 2020" data-gtm="statListL2__stat6"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">U.S. diesel price breakdown by cost 2020</span></a></li></ul></div></div><div class="width100 showMobile"><div data-accordion="{'hideOthers': false, 'show': 'fadeIn', 'hide': 'hide', 'speed': 'slow'}"><div class="tabbar2021__tab" data-accordioncontent="#relatedDossierStatisticsWrapper" aria-expanded="false" aria-controls="relatedDossierStatisticsWrapper" data-gtm="statistic__showRelatedStatistics"><strong>Further related statistics</strong></div><section id="relatedDossierStatisticsWrapper" class="margin-all-0 padding-all-0 hidden"><div class="tabbar2021__content animated display-block fadeInDown accordion--active"><ul class="list list--blank"><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/767036/consumption-oil-la-France/" title="Oil consumption in France 2006-2018" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Oil consumption in France 2006-2018</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/973795/west-texas-intermediate-price-highlights/" title="WTI price highlights 2008-2018" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">WTI price highlights 2008-2018</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/938874/western-canadian-select-crude-oil-price/" title="Price of Western Canadian Select crude oil 2014-2020" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Price of Western Canadian Select crude oil 2014-2020</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/232201/import-value-of-petroleum-products-to-china/" title="Import value of petroleum products to China 2009-2018" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Import value of petroleum products to China 2009-2018</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/232202/import-value-of-refined-oil-products-in-china/" title="Import value of refined oil products in China 2009-2018" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Import value of refined oil products in China 2009-2018</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/232204/import-volume-of-petroleum-products-to-china/" title="Import volume of petroleum products to China 2009-2018" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Import volume of petroleum products to China 2009-2018</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/938843/price-mixed-sweet-blend-crude-oil/" title="Price of Mixed Sweet Blend crude oil 2014-2019" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Price of Mixed Sweet Blend crude oil 2014-2019</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/192213/us-ending-stocks-of-crude-oil-and-petroleum-products-since-1995/" title="U.S. ending stocks of crude oil and petroleum products 1995-2016" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">U.S. ending stocks of crude oil and petroleum products 1995-2016</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/1016929/monthly-value-of-petroleum-oil-exports-from-luxembourg/" title="Monthly value of petroleum oil exports from Luxembourg 2017-2018" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Monthly value of petroleum oil exports from Luxembourg 2017-2018</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/761752/japan-crude-oil-imports-from-saudi-arabia-by-oil-type/" title="Crude oil imports from Saudi Arabia to Japan FY 2018, by oil type" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Crude oil imports from Saudi Arabia to Japan FY 2018, by oil type</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/761741/japan-crude-oil-imports-from-iraq-by-oil-type/" title="Crude oil imports from Iraq to Japan FY 2018, by oil type" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Crude oil imports from Iraq to Japan FY 2018, by oil type</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/206716/dividends-paid-by-major-world-petroleum-companies/" title="Dividends paid by major world petroleum companies" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Dividends paid by major world petroleum companies</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/473427/tax-share-in-russian-oil-profits-based-on-oil-price/" title="Tax share in Russian profits depending on oil price 2014" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Tax share in Russian profits depending on oil price 2014</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/206747/excess-of-expenditures-of-major-world-petroleum-companies-since-1975/" title="Major world petroleum companies' excess of expenditure over cash income" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Major world petroleum companies' excess of expenditure over cash income</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/206714/cash-flow-of-major-world-petroleum-companies-since-1975/" title="Cash flow of major world petroleum companies" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Cash flow of major world petroleum companies</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/980309/monthly-value-of-crude-oil-imports-into-germany/" title="Germany: monthly value of crude oil imports 2017" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Germany: monthly value of crude oil imports 2017</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/201839/landed-cost-of-us-crude-oil-imports-from-canada-since-1975/" title="Crude oil - landed cost of U.S. imports from Canada 1975-2012" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Crude oil - landed cost of U.S. imports from Canada 1975-2012</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/942375/saudi-arabia-crude-oil-production/" title="Volume of crude oil production in Saudi Arabia 2015-2018" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic-premium sprite floatLeft"></span><span class="relatedStatistics__text">Volume of crude oil production in Saudi Arabia 2015-2018</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/675808/average-prices-coconut-oil-worldwide/" title="Average prices for coconut oil worldwide from 2014 to 2025" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic sprite floatLeft"></span><span class="relatedStatistics__text">Average prices for coconut oil worldwide from 2014 to 2025</span></a></li><li class="list__item padding-bottom-s-10"><a href="/web/20200808120940/https://www.statista.com/statistics/422134/turnover-extraction-of-crude-petroleum-and-natural-gas-denmark/" title="Denmark: turnover of the crude oil & natural gas extraction industry 2008-2017" data-promoclickevent="{"id":"Paid-Content","name":"Statistik-Dossier-List","creative":"Tab Bar","position":"Statistic: Medium"}" class="relatedStatistics__listItemLink"><span class="relatedStatistics__icon search-statistic sprite floatLeft"></span><span class="relatedStatistics__text">Denmark: turnover of the crude oil & natural gas extraction industry 2008-2017</span></a></li></ul></div></section></div></div></div></section><div data-desktop-content="07_search.html.twig"></div><section id="statisticContentLists" class="statisticContentLists responsiveSection responsiveSection--legacy 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class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/232204/import-volume-of-petroleum-products-to-china/" data-gtm="statListL3__stat6" title="Import volume of petroleum products to China between 2009 and 2018 (in million tons) "><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Import volume of petroleum products to China 2009-2018</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/938843/price-mixed-sweet-blend-crude-oil/" data-gtm="statListL3__stat7" title="Price of Mixed Sweet Blend (MSW) crude oil from 2014 to 2019 (in U.S. dollars per barrel)"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Price of Mixed Sweet Blend crude oil 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iconSprite--statisticPremium"></i><span class="list__itemText">Monthly value of petroleum oil exports from Luxembourg 2017-2018</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/761752/japan-crude-oil-imports-from-saudi-arabia-by-oil-type/" data-gtm="statListL3__stat10" title="Import volume of crude oil from Saudi Arabia to Japan in fiscal year 2018, by oil type (in million kiloliters)"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Crude oil imports from Saudi Arabia to Japan FY 2018, by oil type</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/761741/japan-crude-oil-imports-from-iraq-by-oil-type/" data-gtm="statListL3__stat11" title="Import volume of crude oil from Iraq to Japan in fiscal year 2018, by oil type (in 1,000 kiloliters)"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Crude oil imports from Iraq to Japan FY 2018, by oil type</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/206716/dividends-paid-by-major-world-petroleum-companies/" data-gtm="statListL3__stat12" title="Dividends paid by major world petroleum companies from 1980 to 2010 (in billion U.S. dollars)"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Dividends paid by major world petroleum companies</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/473427/tax-share-in-russian-oil-profits-based-on-oil-price/" data-gtm="statListL3__stat13" 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href="/web/20200808120940/https://www.statista.com/statistics/206714/cash-flow-of-major-world-petroleum-companies-since-1975/" data-gtm="statListL3__stat15" title="Cash flow of major world petroleum companies from 1975 to 2010 (in billion U.S. dollars)*"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Cash flow of major world petroleum companies</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/980309/monthly-value-of-crude-oil-imports-into-germany/" data-gtm="statListL3__stat16" title="Monthly value of crude oil imports into Germany from January to June 2017 (in million U.S. dollars)"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticPremium"></i><span class="list__itemText">Germany: monthly value of crude oil imports 2017</span></a></li><li class="list__item 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class="list__itemText">Volume of crude oil production in Saudi Arabia 2015-2018</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/675808/average-prices-coconut-oil-worldwide/" data-gtm="statListL3__stat19" title="Average prices for coconut oil worldwide from 2014 to 2025 (in nominal U.S. dollars per mt)"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Average prices for coconut oil worldwide from 2014 to 2025</span></a></li><li class="list__item padding-bottom-s-10"><a class="list__itemWrap text--linkReset" href="/web/20200808120940/https://www.statista.com/statistics/422134/turnover-extraction-of-crude-petroleum-and-natural-gas-denmark/" data-gtm="statListL3__stat20" title="Turnover of the crude oil and natural gas extraction industry in Denmark from 2008 to 2017 (in million euros)"><i class="list__itemIcon list__itemIcon--26 iconSprite iconSprite--statisticBasis"></i><span class="list__itemText">Denmark: turnover of the crude oil & natural gas extraction industry 2008-2017</span></a></li></ul></div></div></div><div class="contentLists__item contentLists__item--topics"><h3 class="hl-module">Topics</h3><a href="/web/20200808120940/https://www.statista.com/topics/1830/opec/" class="contentLists__topicItem panelCard panelCard--hover panelCard--hoverImageRotate text--linkGray"><img src="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/icons/blank.gif" data-src="https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/Topic/1830.jpg" class="flex__item margin-right-10 lazy" height="32" alt=""/><span class="flex__item flex__item--basis flex__item--grow">OPEC</span></a><a href="/web/20200808120940/https://www.statista.com/topics/1109/exxonmobil/" class="contentLists__topicItem panelCard panelCard--hover panelCard--hoverImageRotate text--linkGray"><img 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class="contentLists__topicItem panelCard panelCard--hover panelCard--hoverImageRotate text--linkGray"><img src="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/icons/blank.gif" data-src="https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/Topic/1706.jpg" class="flex__item margin-right-10 lazy" height="32" alt=""/><span class="flex__item flex__item--basis flex__item--grow">U.S. oil and gas industry</span></a><a href="/web/20200808120940/https://www.statista.com/topics/1323/energy-prices/" class="contentLists__topicItem panelCard panelCard--hover panelCard--hoverImageRotate text--linkGray"><img src="https://web.archive.org/web/20200808120940im_/https://cdn.statcdn.com/static/icons/blank.gif" data-src="https://web.archive.org/web/20200808120940/https://cdn.statcdn.com/Topic/1323.jpg" class="flex__item margin-right-10 lazy" height="32" alt=""/><span class="flex__item flex__item--basis flex__item--grow">Global energy 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(June 16, 2020). Average annual OPEC crude oil price from 1960 to 2020 (in U.S. dollars per barrel) [Graph]. In <span class="italic">Statista</span>. Retrieved August 08, 2020, from https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/</div><div data-citation="chicago" hidden>MWV. "Average annual OPEC crude oil price from 1960 to 2020 (in U.S. dollars per barrel)." Chart. June 16, 2020. Statista. Accessed August 08, 2020. https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/</div><div data-citation="harvard" hidden>MWV. (2020). <span class="italic">Average annual OPEC crude oil price from 1960 to 2020 (in U.S. dollars per barrel)</span>. <span class="italic">Statista</span>. Statista Inc.. Accessed: August 08, 2020. https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/</div><div data-citation="mla" hidden>MWV. "Average Annual Opec Crude Oil Price from 1960 to 2020 (in U.S. Dollars per Barrel)." <span class="italic">Statista</span>, Statista Inc., 16 Jun 2020, https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/</div><div data-citation="bluebook" hidden>MWV, Average annual OPEC crude oil price from 1960 to 2020 (in U.S. dollars per barrel) Statista, https://www.statista.com/statistics/262858/change-in-opec-crude-oil-prices-since-1960/ (last visited August 08, 2020)</div><div id="cookiesNotification" class="cookiesNotification__wrapper animated hidden hidePrint"><div class="cookiesNotification__content"><div class="row row-spacing-20"><p class="width80 display-inline-block float-none font-size-13px vertical-middle padding-bottom-s-20">We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. 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