Crude Oil Price Trends

Procurement Resource provides latest prices of Crude Oil. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Chart Description: 

Procurement Resource provides prices of Crude Oil for several regions, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Crude Oil:

Crude Oil is an unrefined petroleum product. Petroleum is basically a naturally occurring, yellowish-black liquid that is most commonly found in geological formations beneath the Earth's surface. Crude Oil is extracted for burning as fuel and for processing into chemical products. It is a combination of comparatively volatile liquid hydrocarbons. Being a type of fossil fuel, crude oil is refined to manufacture usable products like gasoline, diesel, and several other forms of petrochemicals. 

Synonyms:

  • Black gold

Industrial Uses:

  • Jet fuel and diesel
  • Lubricating oils
  • Gasoline
  • Tar
  • Heating oils
  • Asphalt
  • Electricity generation
  • Paraffin wax

Production Processes:

  • Crude Oil Production via Extensive Extraction and Separation of In-Appropriate Elements.

Crude Oil is extracted using different methods depending on geology and location. After its extraction, impurities are separated, and the product is further refined to produce different petroleum-based products.
 
Supplier Database:

  • Sinopec
  • Royal Dutch Shell
  • Saudi Arabian Oil Co.
  • China National Petroleum Corporation
  • BP p.l.c.
  • Exxon Mobil Corporation
  • Kuwait Petroleum Corporation
  • Total SA
  • LUKOIL


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Contact us for any specific request related to Crude Oil.

Methodology: 

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Related Product

Crude Oil

Hydrochloric acid | Sulfuric acid | Nitric acid | Phosphoric acid | Acetic Acid | Methanol | Ethanol | Toluene | Xylene | Styrene | Benzene | Formaldehyde | Caustic Soda | Chlorine | Soda Ash | Yellow Phosphorus | Potassium Chloride | Sulfur | Sodium bicarbonate | Zeolites | Titanium Dioxide | Linear Alkyl Benzene | PVD Salt | Betaine | DASCC | DSBP (4,4-Distyryl biphenyl derivative) | HEDP (Etidronic acid) | PCL3 (Phosphorus Trichloride) | Petroleum Jelly | Recycled PET | Glycine | DMAPA (Dimethylaminopropylamine) | MCA (Monochloroacetic Acid) | Sodium Percarbonate | Silicates | Sodium hypochlorite | Trichloroacetic Acid | 1-Decene | Allyl Alcohol | Benzyl Nitrile | Isopentyl Alcohol | Pentanol | Camphene | Heptanoic Acid | Cyclopentanone | Acrolein | Hexanol | Propanal | Propyl mysistrate iso | Geraniol | Methyl ionone alpha iso | Acetone | Salicylaldehyde | Salicylic Acid | Ethylene Glycol | Methyl Ethyl Ketone | Propylene Oxide | Dipropylene Glycol | Hexyl Salicylate | Benzyl Salicylate | Sodium Sulfate | Fatty Acid - C12 | Fatty Acid - C14 | Fatty Acid - C16 | Fatty Acid - C18 | Ammonium Nitrate | Protease | Amylase | Lipase | Benzaldehyde-2-Sulphonic Acid | Triethyl Phosphite | Bis (Chloromethyl) Biphenyl | Biphenyl | DASDA (Diamino Stilbene Disulfonic Acid) | DMF (Dimethylformamide) | Morpholine | Cyanuric Chloride | Cellulose | Phenol | Chloroform | Adipic Acid | Polyester(FDY) | Ethylene | Propylene | Propylene(Polymer Grade) | 2-EH | DOP | Ethylene Oxide | Bromine | Carbomer | Copolymer | Cyclohexane | Piroctone Olamine | Aniline | Fatty Alcohol | Fatty Alcohol Ethoxylate | Quats | SLES (Sodium lauryl Ether sulfate) | SLS(Sodium Laureth Sulfate) | Acrylic Acid | Ethyl Acetate | Maleic Anhydride | Methacrylic Acid |