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2709 · Crude oil from petroleum and bituminous minerals

2709 Crude oil from petroleum and bituminous minerals

Last updated on  
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Performance

Average FOB price
US$ 0.87/kg+23.09%
vs previous month (September 2026)
Volume (kg)
1.11Mt+24.53%
vs previous month (September 2026)
CIF efficiency
4.14%
Freight and insurance over cargo value (3-month average).

Price × Volume — last 12 months

Price rises when volume falls → scarcity. Both up → market heating up.

Origins · price arbitrage · January–October 2026

15 of 15
Saudi Arabia2,386.5262,386,5260.69
United States1,858.4291,858,4290.67
Guyana967.513967,5130.66
Algeria743.697743,6970.82
Nigeria406.443406,4430.68
Argentina398.159398,1590.60
Gabon307.801307,8010.57
Angola255.786255,7860.63
Ghana247.084247,0840.52
Peru217.644217,6440.42
Russia35.49835,4980.91
Netherlands<0.00101.24
Colombia<0.001016.67
France<0.001023.00
United Kingdom<0.001020.00
Green: best opportunity to buy (lowest avg FOB price).

Trade Balance Flow

Net exporter

Trade balance (Exp − Imp)

Brazil's net trade position for this item, normalised from −100 (imports only) to +100 (exports only). For industrial items with no production/consumption series, we show the trade flow instead of a supply & demand balance.