Track real-time and historical crude oil prices across global regions. Updated monthly with market insights, drivers, and forecasts.
Region | Price (USD/BARREL) | Latest Movement |
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Northeast Asia | 83.47 | 0.8% ↑ Up |
The chart below highlights monthly crude oil prices across different regions.
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Northeast Asia: Demand from industrial sectors, particularly manufacturing and energy production, continued to rise as countries like Japan, South Korea, and China ramped up production. However, regional supply disruptions, particularly in key oil-exporting nations, led to supply-side pressures. Additionally, fluctuations in international shipping costs, alongside higher port handling fees, contributed to price increases. Currency fluctuations in key economies, including the Japanese yen and Chinese yuan, also played a role in adjusting local crude oil prices. In particular, geopolitical tensions in neighboring regions, including the South China Sea, increased uncertainties in the market, contributing to a slight upward movement.
IMARC's latest publication, “Crude Oil Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the crude oil market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of crude oil at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed crude oil prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting crude oil pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
The global crude oil industry size reached USD 2,999.48 Billion in 2024. By 2033, IMARC Group expects the market to reach USD 5,067.56 Billion, at a projected CAGR of 5.70% during 2025-2033. The market is driven by the consistent global demand for energy, technological advancements in oil extraction, and the rising industrial consumption across emerging economies.
Crude oil is a naturally occurring, unrefined petroleum product composed primarily of hydrocarbons. It holds a central role in the global energy and manufacturing sectors, serving as the raw material for a vast array of products, including fuels, lubricants, and petrochemicals. Crude oil is extracted from underground reservoirs through drilling and is classified based on its API gravity and sulfur content. Its relevance in global consumption is unparalleled, being the primary energy source for transportation, heating, and electricity generation worldwide. In industrial applications, crude oil is refined into gasoline, diesel, jet fuel, and various other chemicals, facilitating global manufacturing processes and contributing to the growth of energy-intensive industries.
Key Attributes | Details |
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Product Name | Crude Oil |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Crude Oil Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
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Customization Scope | The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
The crude oil prices in October 2025 were 83.47 USD/BARREL in Northeast Asia.
The crude oil pricing data is updated on a monthly basis.
We provide the pricing data primarily in the form of an Excel sheet and a PDF.
Yes, our report includes a forecast for crude oil prices.
The regions covered include North America, Europe, Asia Pacific, Middle East, and Latin America. Countries can be customized based on the request (additional charges may be applicable).
Yes, we provide both FOB and CIF prices in our report.
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
IMARC delivers precise commodity pricing insights using proven methodologies and a wealth of data to support strategic decision-making.
Our extensive databases provide detailed commodity pricing, import-export trade statistics, and shipment-level tracking for comprehensive market analysis.
Through direct supplier surveys and expert interviews, we gather real-time market data to enhance pricing accuracy and trend forecasting.
We analyze industry reports, trade publications, and market studies to offer tailored intelligence and actionable commodity market insights.
Trusted by 3000+ industry leaders worldwide to drive data-backed decisions. From global manufacturers to government agencies, our clients rely on us for accurate pricing, deep market intelligence, and forward-looking insights.