Brent oil prices:
For that commodity indicator, we provide data from January 1979 to December 2021. The average value during that period was 43.75 USD per barrel with a minimum of 9.45 USD per barrel in July 1986 and a maximum of 133.87 USD per barrel in July 2008.
Longer historical series
Measure: USD per barrel
Source: World Bank
Definition: The price of the Brent oil benchmark in USD per barrel.