CRUDE OIL — DUBAI FATEH
Dubai Fateh crude spot price. The benchmark for Middle Eastern crude oil exports to Asia.
222 monthly data points from 2010-01-01 to 2026-05-02.
Current$104.75/bbl
Change+0%
All-Time High$124.93/bbl (2012-03-01)
All-Time Low$23.34/bbl (2020-04-01)
2019 Avg$64.00/bbl
Data Points222
ALL-TIME (2010–2026)
Full history. Dashed line = 2019 average ($64.00/bbl).
   125 ┤       ╭╮                                                             
   120 ┤       ││                                                             
   114 ┤    ╭╮ ││╭╮                                                           
   109 ┤    │╰─╯││╰──────╮                                                    
   103 ┤   ╭╯   ││       │                           ╭╮           ╭───────────  now
    98 ┤   │    ╰╯       │                           │╰╮         ╭╯           
    92 ┤   │             │                           │ ╰╮        │            
    87 ┤╭╮╭╯             │                          ╭╯  │ ╭╮╭╮   │            
    82 ┤│││              │                         ╭╯   ╰╮│││╰╮  │            
    76 ┤╯╰╯              ╰╮            ╭╮         ╭╯     ╰╯╰╯ ╰─╮│            
    71 ┤                  │          ╭─╯│ ╭╮      │             ││            
    65 ┤─ ─ ─ ─ ─ ─ ─ ─ ─ │╭╮ ─ ─ ─ ─│─ ╰─╯│╭╮─ ─╭╯ ─ ─ ─ ─ ─ ─ ╰╯─ ─ ─ ─ ─ ─   baseline
    60 ┤                  ╰╯│       ╭╯     ╰╯│   │                            
    55 ┤                    │    ╭─╮│        │   │                            
    49 ┤                    ╰╮ ╭╮│ ╰╯        │  ╭╯                            
    44 ┤                     ╰╮│╰╯           │  │                             
    38 ┤                      ╰╯             │╭─╯                             
    33 ┤                                     ╰╯                               
       └──────────────────────────────────────────────────────────────────────
        2010-01                            2019-05                     2026-05
1-YEAR
   105 ┤     ╭────────────────────────────────────────────────────────────────  now
   102 ┤     │                                                                
    99 ┤    ╭╯                                                                
    96 ┤ ╭──╯                                                                 
    94 ┤ │                                                                    
    91 ┤ │                                                                    
    88 ┤ │                                                                    
    85 ┤ │                                                                    
    82 ┤╭╯                                                                    
    80 ┤│                                                                     
    77 ┤│                                                                     
    74 ┤│                                                                     
    71 ┤│                                                                     
    69 ┤╯                                                                     
       └──────────────────────────────────────────────────────────────────────
        2025-06                            2026-04                     2026-05
CONTEXT
Dubai Fateh is the primary benchmark for crude oil exported from the Persian Gulf to Asia.
Unlike Brent (Atlantic basin), Dubai prices directly reflect Gulf supply conditions.
Hormuz dependency: virtually 100% of Dubai-benchmark crude transits the Strait.
Dubai-Brent spread widens during Gulf tensions — a key stress indicator.
Normal spread: Dubai trades $1-3/bbl below Brent. In crisis: can flip to premium.
Saudi Arabia, UAE, Iraq, Kuwait all price Asian exports off Dubai/Oman benchmark.
Asia imports ~60% of all seaborne crude — Gulf disruption hits Asian refiners hardest.
Source: World Bank Pink Sheet (monthly, 2010–present).
Updated monthly. 222 data points since 2010-01-01.
LinkedIn · rmn [at] project45.pl
If you find errors, want to suggest additions, or have data that should be here — write me.