Level Chart

Basic Info

Brent Crude Oil Spot Price is at a current level of 86.18, up from 84.87 the previous market day and up from 73.63 one year ago. This is a change of 1.54% from the previous market day and 17.04% 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 86.18
Latest Period Mar 25 2024
Last Updated Mar 27 2024, 15:46 EDT
Next Release Apr 3 2024, 10:30 EDT
Average Growth Rate 12.15%
Value from The Previous Market Day 84.87
Change from The Previous Market Day 1.54%
Value from 1 Year Ago 73.63
Change from 1 Year Ago 17.04%
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
March 25, 2024 86.18
March 22, 2024 84.87
March 21, 2024 84.92
March 20, 2024 85.77
March 19, 2024 87.36
March 18, 2024 86.47
March 15, 2024 85.39
March 14, 2024 86.16
March 13, 2024 83.95
March 12, 2024 83.66
March 11, 2024 83.44
March 08, 2024 84.29
March 07, 2024 84.88
March 06, 2024 86.59
March 05, 2024 85.82
March 04, 2024 86.58
March 01, 2024 84.82
February 29, 2024 84.57
February 28, 2024 84.08
February 27, 2024 83.80
February 26, 2024 84.01
February 23, 2024 84.18
February 22, 2024 85.84
February 21, 2024 84.77
February 20, 2024 84.78
Date Value
February 19, 2024 85.52
February 16, 2024 84.88
February 15, 2024 84.33
February 14, 2024 84.41
February 13, 2024 84.72
February 12, 2024 83.88
February 09, 2024 83.58
February 08, 2024 83.01
February 07, 2024 81.18
February 06, 2024 80.46
February 05, 2024 79.30
February 02, 2024 79.54
February 01, 2024 82.20
January 31, 2024 82.98
January 30, 2024 84.14
January 29, 2024 83.99
January 26, 2024 83.34
January 25, 2024 82.33
January 24, 2024 82.15
January 23, 2024 82.04
January 22, 2024 81.70
January 19, 2024 80.71
January 18, 2024 81.04
January 17, 2024 78.88
January 16, 2024 80.15

Basic Info

Brent Crude Oil Spot Price is at a current level of 86.18, up from 84.87 the previous market day and up from 73.63 one year ago. This is a change of 1.54% from the previous market day and 17.04% 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 86.18
Latest Period Mar 25 2024
Last Updated Mar 27 2024, 15:46 EDT
Next Release Apr 3 2024, 10:30 EDT
Average Growth Rate 12.15%
Value from The Previous Market Day 84.87
Change from The Previous Market Day 1.54%
Value from 1 Year Ago 73.63
Change from 1 Year Ago 17.04%
Frequency Market Daily
Unit USD per Barrel
Adjustment N/A
Download Source File Upgrade
Notes Europe spot price, FOB, U.S. dollars per barrel.