Brent Crude Oil Spot Price:

44.19 USD/bbl for Aug 10 2020
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Brent Crude Oil Spot Price is at a current level of 44.19, up from 44.07 the previous market day and down from 57.37 one year ago. This is a change of 0.27% from the previous market day and -22.97% 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.

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Historical Data

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Export Data Date Range:
Data for this Date Range  
Aug. 10, 2020 44.19
Aug. 7, 2020 44.07
Aug. 6, 2020 45.04
Aug. 5, 2020 44.92
Aug. 4, 2020 43.99
Aug. 3, 2020 43.76
July 31, 2020 43.13
July 30, 2020 42.98
July 29, 2020 43.51
July 28, 2020 43.11
July 27, 2020 43.39
July 24, 2020 43.29
July 23, 2020 42.96
July 22, 2020 43.98
July 21, 2020 44.31
July 20, 2020 43.30
July 17, 2020 43.53
July 16, 2020 43.71
July 15, 2020 43.96
July 14, 2020 42.97
July 13, 2020 42.85
July 10, 2020 43.27
July 9, 2020 42.35
July 8, 2020 43.67
July 7, 2020 43.28
   
July 6, 2020 42.73
July 3, 2020 42.92
July 2, 2020 43.19
July 1, 2020 42.18
June 30, 2020 41.64
June 29, 2020 41.58
June 26, 2020 40.97
June 25, 2020 41.18
June 24, 2020 40.40
June 23, 2020 42.72
June 22, 2020 43.20
June 19, 2020 42.33
June 18, 2020 41.75
June 17, 2020 40.47
June 16, 2020 40.75
June 15, 2020 39.44
June 12, 2020 38.54
June 11, 2020 37.76
June 10, 2020 41.18
June 9, 2020 40.45
June 8, 2020 39.66
June 5, 2020 41.00
June 4, 2020 38.41
June 3, 2020 37.98
June 2, 2020 37.72

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Stats

Last Value 44.19
Latest Period Aug 10 2020
Last Updated Aug 12 2020, 10:33 EDT
Next Release Aug 19 2020, 10:30 EDT
Average Growth Rate 9.84%
Value from 1 Year Ago 57.37
Change from 1 Year Ago -22.97%
Frequency Market Daily
Unit USD per Barrel
Adjustment N/A
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Notes: Europe spot price, FOB, U.S. dollars per barrel.

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