APSP crude oil average petroleum spot price
Latest reading: 106 $/bbl (March 2026)
- 1-month change
- +56.9%
- 3-month change
- +74.8%
- 12-month change
- +49.1%
- Source
- FRED POILAPSPUSDM
Price history
Observations
| Date | Value ($/bbl) |
|---|---|
| Mar 1, 2026 | 105.83 |
| Feb 1, 2026 | 67.45 |
| Jan 1, 2026 | 62.40 |
| Dec 1, 2025 | 60.56 |
| Nov 1, 2025 | 62.70 |
| Oct 1, 2025 | 63.14 |
| Sep 1, 2025 | 67.17 |
| Aug 1, 2025 | 67.17 |
| Jul 1, 2025 | 69.66 |
| Jun 1, 2025 | 69.25 |
| May 1, 2025 | 63.30 |
| Apr 1, 2025 | 66.34 |
What the data shows
As of March 2026, apsp crude oil average petroleum spot price stands at 106 $/bbl (FRED: POILAPSPUSDM). That is +49.1% versus March 2025 (70.99 $/bbl), a sharply higher trajectory over the past year. Over the last three months the series has moved +74.8% and sharply higher; month-on-month it is +56.9% and sharply higher. The trailing twelve-month range runs from 60.56 $/bbl to 106 $/bbl. Procurement teams tracking global energy exposure should treat this series as a monthly benchmark when repricing contracts, modelling cost-pass-through, or reviewing supplier indexation clauses.
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