The music video for "Stand by Me" was filmed in Pasadena, California and directed by David Mould. The video features the band playing atop an apartment building during a rainy day, intercut with scenes of residents of the building going about their lives.

Despite not reaching number one on the UK Singles Chart, "Stand by Me" still sold over 200,000 copies, enough for it to be certified Silver by the British Phonographic Industry.

Besides its success in the UK, "Stand by Me" also charted in several other countries. It reached number two in Ireland, number four in Norway, and peaked within the top 10 in Finland, Iceland, and Spain.

Noel Gallagher has described "Stand by Me" as a song about "brotherhood". This can be seen as a parallel to the relationship between Noel and his brother, Liam Gallagher, the lead singer of Oasis.

According to Gallagher, the song was written in a moment of crisis, after he lost a collection of his own songs, which he later found under his bed.

Reviews of "Stand by Me" were generally positive, with critics praising its classic Oasis sound and anthemic chorus, although some deemed it less innovative than their earlier work.

The album from which "Stand by Me" was taken, Be Here Now, was one of the fastest-selling albums in UK chart history, selling over 350,000 copies on the first day of release.

"Stand by Me" has been performed live by Oasis on several occasions, including during their famous gig at Wembley Stadium in 2000.

The song has been covered by several artists, including Welsh singer Kelly Jones during a solo acoustic performance in 2019.