Oil

This page provides, in the given period, with:
  • a table showing the Brent oil prices recorded over the last 10 weeks, while the chart shows the monthly price trends over the last three years;
  • a chronological chart showing the monthly oil prices;
  • some charts that offer a price comparison of the Oil with:
See more on the page focused on Dairy Export to the main Oil producers
Note:
Since oil price may determine the purchasing power of oil producing countries (i.e. Middle Eastern States, Russia, Mexico, Venezuela...), we are of the opinion that their changes could potentially impact on these countries' willingness to buy additional dairy products such as Milk Powders and Cheddar cheese.

The reasons may be:
  • the major oil producing countries are also significant importers of the above mentioned dairy products;
  • in these countries the increase in oil price, may drive to higher willingness to buy dairy products;
  • commodity price level (for the local consumer) should not be too much higher than the current "ask" price, otherwise countries' willingness to buy dairy products could decline; at the same time high level of oil price may direct oil Purchaser toward alternative sources and as a consequence it may influence income of the oil producing countries.

Oil - Europe Brent
FOB Spot Price

63,99 $
25-Nov-2025
  64,81 $
26-Nov-2025
  64,18 $
27-Nov-2025
  64,07 $
28-Nov-2025
  64,22 $
1-Dec-2025
 
Source: U.S. Department of Energy, Energy Information Administration
Weekly
Survey date
Europe Spot Brent Price FOB
(US$ / bbl) ± on prev. price
Friday   28 Nov 2025
64,38 +1,16%
Friday   21 Nov 2025
63,64 +1,22%
Friday   14 Nov 2025
62,87 -2,22%
Friday   7 Nov 2025
64,30 -1,11%
Friday   31 Oct 2025
65,02 +2,85%
Friday   24 Oct 2025
63,22 +1,38%
Friday   17 Oct 2025
62,36 -6,44%
Friday   10 Oct 2025
66,65 -0,74%
Friday   3 Oct 2025
67,15 -2,99%
Friday   26 Sep 2025
69,22 +1,30%
Source: U.S. Department of Energy, Energy Information Administration
Europe Spot Brent Price FOB ($/bbl)
 
Month 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 ± on prev.
month.
± 2024
January 108,12 47,76 30,70 54,58 69,08 59,41 63,82 54,77 86,51 82,52 80,12 79,27 +7,35% -1,07%
February 108,90 58,10 32,18 54,87 65,32 63,96 55,66 62,28 97,13 82,58 83,48 75,44 -4,83% -9,63%
March 107,48 55,89 38,21 51,59 66,02 66,14 32,01 65,41 117,25 78,43 85,41 72,73 -3,59% -14,84%
April 107,76 59,52 41,58 52,31 72,11 71,23 18,47 64,76 104,89 84,74 89,94 68,13 -6,32% -24,24%
May 109,54 64,08 46,74 50,33 76,98 71,17 29,38 68,49 113,11 75,47 81,75 64,45 -5,40% -21,15%
June 111,80 61,48 48,25 46,37 74,40 64,22 40,27 73,16 122,71 74,84 82,25 71,44 +10,85% -13,13%
July 106,77 56,56 44,95 48,48 74,25 63,92 43,24 75,17 111,93 80,11 85,15 71,04 -0,56% -16,57%
August 101,61 46,52 45,84 51,70 72,53 59,04 44,74 70,75 100,45 86,15 80,36 67,87 -4,46% -15,54%
September 97,09 47,62 46,57 56,15 78,89 62,83 40,91 74,49 89,75 93,72 74,02 67,99 +0,17% -8,15%
October 87,43 48,43 49,52 57,51 81,03 59,71 40,19 83,54 93,33 90,60 75,63 64,54 -5,06% -14,66%
November 79,44 44,27 44,73 62,71 64,75 63,21 42,69 81,05 91,42 82,94 74,35 63,80 -1,16% -14,19%
December 62,33 38,01 53,31 64,37 57,36 67,31 49,99 74,22 81,00 77,76 73,84 64,22 +0,66% -13,03%
Average 98,97 52,32 43,64 54,12 71,34 64,33 41,97 70,83 100,88 82,50 80,49 69,72
Change¹ % -8,83% -47,14% -16,59% +24,03% +31,80% -9,81% -34,76% +68,76% +42,42% -18,22% -2,43% -13,39%
  prezzo massimo
  prezzo minimo
1) Variazione % calcolata rispetto allo stesso periodo dell’anno precedente
Source: U.S. Department of Energy, Energy Information Administration
Show/Hide the conversion of Oil (PR) USD⇒EUR on the current exchange,
on the exchange rate in force as at 3 months ago and on the exchange rate in force as at 1 year ago
  OIL (US$ / BBL)
US dollar EURO
CURRENT PRICE
28/11/2025
current exch.
27/11/2025: 1,159
exch. of 3 months ago
27/08/2025: 1,159
exch. of 1 year ago
27/11/2024: 1,053
MIN 64,38 55,57 55,53 61,13
CONVERTER USD/EUR
Exchange EUR ⇒ USD:
USD EUR
55.57
 

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