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Crude oil (average of Brent, Dubai and WTI): monthly price

Monthly average reference price according to the World Bank, in USD per barrel. Simple average of Brent, Dubai and WTI.
Source
World Bank (Pink Sheet) · CC BY 4.0
Latest month published
September 2026
Frequency
Monthly (monthly averages); not real time
Next scheduled release
3 November 2026 (second working day of the month)

Initial snapshot data

World Bank edition of 2 October 2026. Monthly averages transcribed from the Pink Sheet PDF editions (Oct. 2025 to Oct. 2026) by the Commodity Pulse project (MIT code). Spot-checked against the official June 2026 edition (Brent, copper, gold and wheat for May 2026: they match). The connector replaces them with the full official workbook (from 1960). As soon as the connector downloads the official workbook you'll see the full published history.
Latest month
102.30
USD per barrel, September 2026
Monthly change
+21.2%
Year-on-year change
+53.8%
12-month range
60.90 – 103.90
Volatility (36 months)
43.8%
Annualised, historical; with 14 months of data
Maximum drawdown (5 years)
-23.2%
From April 2026 to July 2026; with 15 months of data

Price chart

Crude oil (average of Brent, Dubai and WTI)

World Bank · Pink Sheet · USD per barrel · monthly average

102.30USD per barrel+17.90 (+21.21%)

September 2026 · vs August 2026 · 12 months: +53.83%

Period high
103.90
Period low
60.90
12-month high
103.90
12-month low
60.90
Compare
Crude oil (average of Brent, Dubai and WTI)Average 388.83Average 1280.50
SignalsNo notable signals in the latest data point.Drag or use the wheel to zoom. Descriptive signals: they are not a forecast.

Source: World Bank, Commodity Price Data (The Pink Sheet). CC BY 4.0 licence. Derived calculations (changes, volatility, conversions) by Nemorgi; the World Bank doesn't endorse this service.

How to read this data

  • Each point is the monthly average published by the World Bank, in nominal dollars (not adjusted for inflation).
  • Volatility is the standard deviation of monthly returns over the last 36 months, annualised (× √12). It needs at least 12 consecutive months.
  • Maximum drawdown measures the largest fall from a previous peak over the last 5 years.
  • These are historical, descriptive metrics: they don't predict the future price. See the methodology.

Source: World Bank, Commodity Price Data (The Pink Sheet). CC BY 4.0 licence. Derived calculations (changes, volatility, conversions) by Nemorgi; the World Bank doesn't endorse this service.