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Brent Price — Chart — Historical Data

104.05 -0.2300 (-0.22%) USD/Bbl

Front-month futures (continuous series), delayed as of Oct 09, 17:17 UTC Source: Financial Modeling Prep (delayed)

What drives this market

Brent Crude is the international benchmark for oil pricing, reflecting the cost of light sweet crude oil extracted primarily from the North Sea. It is used to price the majority of the world's internationally traded crude oil and serves as a key reference for energy markets globally. Prices are driven by OPEC+ production decisions, global economic growth and demand expectations, geopolitical developments in major producing regions, and inventory levels reported by agencies such as the IEA and EIA. The quoted price is in US dollars per barrel.

Market context

Brent crude is trading at $102.85 per barrel, slipping 1.37% today after a modest weekly gain of 0.54% and a monthly rise of 1.57%. The market remains significantly elevated versus prior-year levels, with a year-to-date gain of 68.19% and a year-over-year increase of 57.62%.

as of Oct 09, 05:32 UTC — Alternative Markets.AI
2025-11-042026-10-09
%ChgWeeklyMonthlyYTDYoY
Brent -0.22% 0.54% 1.57% 68.19% 57.62%

Latest Brent News

Brent Holds Above $100 as Hormuz Tanker Traffic Hits Two-Month Low ↗ Crude oil prices were on course to book a weekly gain earlier today amid a flurry of tanker attacks in the Strait of Hormuz—and outside it, too.… OilPrice.com · Oct 09, 05:03 UTC States Bet on Virtual Power Plants to Cut Grid Costs ↗ The United States has shown greater support for virtual power plants (VPPs) in recent years, as these systems are expanding across various states. A… OilPrice.com · Oct 09, 17:00 UTC Trump Puts Iran Strikes on Hold as Hurricane Threatens Oil Supply ↗ Oil retreats from $110 as Trump rules out Iran strikes before the midterms, but tanker attacks and a Gulf hurricane threaten fresh volatility.… OilPrice.com · Oct 09, 16:35 UTC Pashinyan’s Nuclear U-Turn Gives Moscow an Opening in Armenia ↗ Unable to persuade Armenia to abandon its efforts to join the European Union, Russia is now signaling that it is adopting a harder line. Armenian… OilPrice.com · Oct 09, 16:00 UTC Can Lasers Beat Drone Swarms? The Pentagon Is About to Find Out ↗ The enormous expansion of drone warfare is forcing militaries to reconsider how much ammunition they can afford to fire at relatively cheap targets.… OilPrice.com · Oct 09, 15:00 UTC Canada’s New Oil Pipeline Challenged by Cold Lake First Nations ↗ Cold Lake First Nations is challenging the Canadian federal government’s decision to designate Canada’s new oil pipeline project to the West Coast a… OilPrice.com · Oct 09, 14:30 UTC

Related

RelatedPrice%Chg
Natural Gas 3.22 1.70%
Crude Oil 91.39 -0.11%
Gasoline 3.14 -0.61%
Heating Oil 4.71 -3.50%
Soybean Oil 67.61 -0.46%

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