Global price of APSP crude oil index
This dataset tracks global price of apsp crude oil index over time.
Latest Value
163.12
Year-over-Year Change
-18.67%
Date Range
1/1/1991 - 6/1/2025
Summary
The APSP crude oil index tracks the global price of a basket of crude oil benchmarks. It is a key indicator used by economists and policymakers to assess global energy market conditions and inflationary pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The APSP (Average Petroleum Spot Price) crude oil index represents the average global price of a basket of crude oil blends, including West Texas Intermediate (WTI), Brent, and Dubai Fateh. This index is widely referenced as a barometer for the overall state of the global crude oil market.
Methodology
The index is calculated by the U.S. Energy Information Administration based on spot market prices for the major crude oil benchmarks.
Historical Context
The APSP index is closely monitored by central banks, energy analysts, and policymakers to gauge inflationary pressures and the health of the global economy.
Key Facts
- The APSP index represents a basket of major global crude oil benchmarks.
- Crude oil prices are a key driver of inflation and economic activity worldwide.
- The index is widely used by central banks and policymakers to assess energy market conditions.
FAQs
Q: What does this economic trend measure?
A: The APSP crude oil index tracks the average global price of a basket of major crude oil blends, including West Texas Intermediate (WTI), Brent, and Dubai Fateh.
Q: Why is this trend relevant for users or analysts?
A: The APSP index is a key indicator used by economists, policymakers, and market analysts to assess global energy market conditions and inflationary pressures.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Energy Information Administration based on spot market prices for the major crude oil benchmarks.
Q: How is this trend used in economic policy?
A: The APSP index is closely monitored by central banks, energy analysts, and policymakers to gauge inflationary pressures and the health of the global economy.
Q: Are there update delays or limitations?
A: The APSP index is published monthly by the U.S. Energy Information Administration with minimal delays.
Related News
US economic growth slows amid rising inflation concerns
US Economic Growth Slows Amid Inflation and Rising Interest Rates The US economy, a crucial indicator of its global standing, is facing a slow growth trajectory. Recent data suggest that inflationary pressures and rising interest rates are the chief culprits in this deceleration. With the Consumer Price Index reflecting heightened inflation and the Federal Reserve adjusting interest rates, the interplay of these factors raises significant concerns for economic stability. These developments furt
U.S. Stocks Hit Records; Gold Surges, Bitcoin Declines
U.S. Stock Market Soars Amid Treasury Yield Concerns Despite ongoing global uncertainties, the U.S. stock market has defied expectations, setting unprecedented records this year. The surge of the stock indices reflects the market's buoyancy despite economic fluctuations. Major indicators like the Dow Jones, S&P 500, and Nasdaq have all reached new highs, signifying the resilience of equities in the current financial landscape. Meanwhile, gold prices have surged, reinforcing its status as a safe
S&P 500 hits record as U.S. producer prices fall
S&P 500 Reaches Record High as U.S. Producer Prices Decline The S&P 500 reaching a record high suggests a notable moment in market history, particularly as the U.S. Producer Price Index (PPI) shows a downward trend. The link between the stock markets and producer prices demonstrates how interconnected these financial indicators can be. Falling PPI numbers might seem positive, yet they can signal underlying market changes. These shifts invite investors to recalibrate their approaches in response
US Fed rate cut depends on upcoming CPI inflation report
How the CPI Inflation Report Could Shape the Next Fed Rate Cut Decision The Consumer Price Index (CPI) inflation report plays a vital role in shaping U.S. economic policy, particularly concerning the Federal Reserve's decisions. As the primary measure of inflation for urban consumers, understanding CPI figures can steer expectations about potential rate cuts. This report influences a host of financial metrics including interest rates, US inflation, and the overall health of financial markets. A
U.S. Treasury yields fall after unexpected PPI decline
Exploring the Impact of Treasury Yields After an Unexpected PPI Decline Treasury yields have seen a noticeable decline following an unforeseen drop in the Producer Price Index (PPI), which signals a shift in economic expectations. Treasury yields, reflecting the return on investment for U.S. government bonds, serve as key indicators of economic health. An unexpected decline in the PPI, a measure of wholesale inflation, has led to immediate implications on these yields. This also puts the spotli
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, Global price of APSP crude oil index (POILAPSPINDEXM), retrieved from FRED.