In April 2026, the average price of a barrel of crude oil climbed to nearly €87 (~$101.79), marking an increase of more than 47 per cent compared to the same month last year. In March, the average price of North Sea Brent crude stood at €84 (~$101.79) per barrel, up by over 27 per cent YoY, CBS said in a press release.
Prices for petroleum derivatives surged by 48.8 per cent in April compared to a year earlier, significantly higher than the 31.6 per cent increase recorded in February. The chemical sector also reflected the impact of rising crude oil prices, although typically with a delayed effect. Output prices for chemical products rose 11.6 per cent year on year in April after declining 2.2 per cent in March.
Dutch manufacturing output prices rose 4.9 per cent YoY in April 2026, up from 1.4 per cent in March, driven by higher crude oil prices amid Middle East tensions, according to CBS.
Crude prices climbed above €87 (~$101.79) per barrel, while petroleum derivative prices surged 48.8 per cent.
Chemical product prices also rebounded strongly.
On a monthly basis, output prices increased 2.6 per cent in April.
On a month-on-month (MoM) basis, manufacturing output prices increased 2.6 per cent in April compared to March. Export market prices rose by 2.1 per cent, while prices in the domestic market increased by 3.4 per cent.
Fibre2Fashion News Desk (SG)
