Jakarta:The World Bank’s monthly commodity price report reveals that the average price of Brent crude oil reached USD 116.8 per barrel in September. This marks a 28.5% increase from the August price of USD 90.9.
According to Azeri-Press news agency, The report highlights that for the third quarter of this year, Brent crude oil averaged USD 97.1 per barrel, which is a rise of 40.7% from the same period last year, where it was USD 69.
Additionally, the average price of West Texas Intermediate (WTI) crude oil was USD 96.9 per barrel in September, a 17.2% increase compared to August’s USD 82.7. For the third quarter of this year, the average WTI price was USD 86.3 per barrel, up 32.8% from USD 65 in the corresponding period of the previous year.
The report also noted that the average price of Brent crude oil was USD 69 in 2025, which was a 14.5% decrease from 2024’s figure of USD 80.7. Meanwhile, the average price of WTI crude oil last year was USD 64.9, down 14.4% from USD 75.8 in the previous year.