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Posted October 6, 2025

Stable crude oil prices, increasing refinery margins in third quarter of 2025 ›

daily Brent crude oil price

Data source: CME Group, Bloomberg L.P.
Note: 3Q25=third quarter of 2025

Crude oil prices were relatively stable in the third quarter of 2025 (3Q25), ending the quarter just 9 cents per barrel (b) less than they started, while refinery margins increased to their highest levels so far this year. In this quarterly update, we review petroleum markets price developments in 3Q25, covering crude oil prices and refinery margins.

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Previously in Today in Energy

Data Highlights

  • 10/5/2025
  • Wind and solar combined share of generation
  • 23.0
  • %


  • 17.4%
    from year earlier
  • 10/5/2025
  • Daily electric power demand
  • 10830
  • GWh


  • 1.2%
    from year earlier
  • $2.93
  • /million Btu
  • $0.026 /million Btu
    from week earlier
  • $0.274 /million Btu
    from year earlier
  • $71.15
  • /barrel
  • $4.10 /barrel
    from week earlier
  • $0.48 /barrel
    from year earlier

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