Level Chart

Basic Info

Brent Crude Oil Spot Price is at a current level of 74.35, up from 73.45 the previous market day and down from 81.22 one year ago. This is a change of 1.23% from the previous market day and -8.46% from one year ago.

Brent Crude Oil Spot Price is one of the major benchmarks used in pricing oil, alongside WTI Crude Oil Spot Price. Both Brent Crude and WTI Crude oil prices tend to be highly correlated. Brent Crude Oil is sourced from the North Sea and originally came from the Brent oil field. Brent in particular is useful for pricing any oil produce in the Atlantic Basin. One of the most notable times for the Brent Crude Oil Spot Price was in 2008. Prices for Brent Crude reached as high as $143.95/barrel because of large cuts in production. However, because of the financial crisis and an abrupt loss of demand for oil globally, the price of Brent Crude fell as much at 70% off highs in January of 2009.

Stats

Last Value 74.35
Latest Period Nov 18 2024
Last Updated Nov 20 2024, 10:34 EST
Next Release Nov 27 2024, 10:30 EST
Average Growth Rate 11.62%
Value from The Previous Market Day 73.45
Change from The Previous Market Day 1.23%
Value from 1 Year Ago 81.22
Change from 1 Year Ago -8.46%
Frequency Market Daily
Unit USD per Barrel
Adjustment N/A
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Notes Europe spot price, FOB, U.S. dollars per barrel.

Historical Data

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Date Value
November 18, 2024 74.35
November 15, 2024 73.45
November 14, 2024 73.39
November 13, 2024 72.86
November 12, 2024 72.56
November 11, 2024 72.19
November 08, 2024 74.04
November 07, 2024 75.73
November 06, 2024 76.52
November 05, 2024 76.98
November 04, 2024 74.89
November 01, 2024 73.63
October 31, 2024 73.25
October 30, 2024 73.21
October 29, 2024 71.09
October 28, 2024 71.87
October 25, 2024 75.62
October 24, 2024 74.27
October 23, 2024 74.68
October 22, 2024 75.59
October 21, 2024 73.29
October 18, 2024 72.75
October 17, 2024 74.37
October 16, 2024 73.65
October 15, 2024 73.68
Date Value
October 14, 2024 78.47
October 11, 2024 80.27
October 10, 2024 79.45
October 09, 2024 77.06
October 08, 2024 78.19
October 07, 2024 81.74
October 04, 2024 79.32
October 03, 2024 77.57
October 02, 2024 74.86
October 01, 2024 75.30
September 30, 2024 72.35
September 27, 2024 71.63
September 26, 2024 73.06
September 25, 2024 75.40
September 24, 2024 75.29
September 23, 2024 74.95
September 20, 2024 75.96
September 19, 2024 75.93
September 18, 2024 74.52
September 17, 2024 74.55
September 16, 2024 73.96
September 13, 2024 73.68
September 12, 2024 73.81
September 11, 2024 70.31
September 10, 2024 70.34

Basic Info

Brent Crude Oil Spot Price is at a current level of 74.35, up from 73.45 the previous market day and down from 81.22 one year ago. This is a change of 1.23% from the previous market day and -8.46% from one year ago.

Brent Crude Oil Spot Price is one of the major benchmarks used in pricing oil, alongside WTI Crude Oil Spot Price. Both Brent Crude and WTI Crude oil prices tend to be highly correlated. Brent Crude Oil is sourced from the North Sea and originally came from the Brent oil field. Brent in particular is useful for pricing any oil produce in the Atlantic Basin. One of the most notable times for the Brent Crude Oil Spot Price was in 2008. Prices for Brent Crude reached as high as $143.95/barrel because of large cuts in production. However, because of the financial crisis and an abrupt loss of demand for oil globally, the price of Brent Crude fell as much at 70% off highs in January of 2009.

Stats

Last Value 74.35
Latest Period Nov 18 2024
Last Updated Nov 20 2024, 10:34 EST
Next Release Nov 27 2024, 10:30 EST
Average Growth Rate 11.62%
Value from The Previous Market Day 73.45
Change from The Previous Market Day 1.23%
Value from 1 Year Ago 81.22
Change from 1 Year Ago -8.46%
Frequency Market Daily
Unit USD per Barrel
Adjustment N/A
Download Source File Upgrade
Notes Europe spot price, FOB, U.S. dollars per barrel.