Brent increased 5.14 USD/BBL or 9.35% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Brent crude oil reached an all time high of 147.50 in July of 2008 and a record low of 2.23 in May of 1970.

Brent crude oil is expected to trade at 62.53 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 58.10 in 12 months time.


Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 55.3033 0.26 -0.47% 1.53% -2.58% -18.47% Aug/22
Brent 60.0671 0.24 -0.40% 3.15% -5.90% -19.62% Aug/22
Natural gas 2.1524 0.02 -0.74% -3.57% -6.42% -27.38% Aug/22
Gasoline 1.6686 0.03 -1.56% 1.97% -10.31% -18.97% Aug/22
Heating oil 1.8406 0.02 -0.93% 1.65% -4.22% -15.39% Aug/22
Ethanol 1.3099 0.04 -3.04% 3.31% -12.67% 1.23% Aug/22
Naphtha 449.07 0.63 -0.14% 1.44% -11.00% -29.50% Aug/22
Propane 0.39 0.00 0.82% 1.99% -20.05% -59.27% Aug/22
Uranium 25.3000 0.00 0.00% 0.60% -0.78% -4.17% Aug/22

Metals Price Day Weekly Monthly Yearly Date
Gold 1,497.52 4.70 -0.31% -1.67% 5.68% 26.38% Aug/22
Silver 17.0308 0.09 -0.50% -1.36% 3.88% 17.71% Aug/22
Platinum 857.26 4.51 0.53% 2.24% 0.38% 10.61% Aug/22

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 853.7749 5.00 -0.58% -0.49% -3.61% 1.40% Aug/22
Wheat 467.6003 5.00 1.08% -0.30% -4.03% -10.42% Aug/22
Cotton 58.87 1.00 -1.67% -1.32% -6.98% -27.97% Aug/22
Rice 10.8037 0.11 -1.01% -4.56% -9.74% 0.03% Aug/22
Cheese 1.8250 0.01 -0.27% -0.38% 0.77% 17.06% Aug/22
Palm Oil 2,374.00 26.00 1.11% 0.34% -1.94% 8.75% Aug/22
Milk 17.57 0.04 -0.23% -0.40% 0.98% 17.13% Aug/22
Rubber 165.00 2.90 -1.73% -8.89% -28.01% 1.10% Aug/22
Orange Juice 98.30 0.40 0.41% 0.72% -3.15% -36.99% Aug/22
Coffee 93.50 0.65 0.70% -1.11% -8.60% -3.81% Aug/22
Lumber 359.30 9.80 -2.66% 1.44% 8.00% -19.00% Aug/22
Oat 265.1139 6.50 -2.39% -3.51% -0.33% 0.71% Aug/22
Canola 453.10 0.00 0.00% 0.42% 1.25% -8.76% Aug/22
Sugar 11.58 0.19 1.67% -0.43% -3.34% 14.43% Aug/22
Wool 1,497.00 16.00 -1.06% -4.28% -14.65% -27.86% Aug/21
Tea 2.75 0.00 0.00% 0.00% 9.13% -15.12% Aug/21
Cocoa 2,200.00 9.00 0.41% 3.09% -11.11% -6.34% Aug/22
Corn 363.4640 0.25 0.07% 0.75% -14.58% 4.82% Aug/22

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 105.2724 2.40 2.34% 5.06% -3.46% -2.48% Aug/22
Lean Hogs 62.1624 1.03 -1.62% -4.37% -27.87% 21.47% Aug/22
Beef 10.60 0.01 -0.09% 0.19% 0.66% 10.53% Aug/21
Poultry 4.60 0.00 0.00% -1.08% -1.50% 18.86% Aug/21
Feeder Cattle 136.3140 0.93 -0.67% 0.40% -4.14% -8.53% Aug/22

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.5518 0.03 -1.01% -1.46% -5.28% -3.80% Aug/22
Bitumen 3,422.00 18.00 -0.52% 2.21% -0.98% 8.02% Aug/22
Steel 3,752.00 3.00 0.08% -0.37% -7.63% -15.06% Aug/22
Tin 16,175.00 25.00 -0.15% -5.55% -9.64% -15.31% Aug/22
Nickel 15,878.50 0.00 0.00% -0.22% 11.38% 18.12% Aug/21
Molybdenum 28.00 0.00 0.00% 0.00% 2.75% -4.27% Aug/21
Iron Ore 87.00 5.00 -5.43% -5.43% -27.20% 29.85% Aug/21
Coal 67.25 0.05 0.07% -1.82% -10.63% -36.77% Aug/22
Palladium 1,487.25 15.85 1.08% 2.96% -2.60% 62.41% Aug/22
Cobalt 32,600 0.00 0.00% 6.89% 16.43% -49.26% Aug/21
Lead 2,057.50 0.00 0.00% -0.93% 2.75% 3.29% Aug/21
Aluminum 1,779.00 3.00 -0.17% 0.23% -2.04% -14.27% Aug/21
Zinc 2,289.00 63.00 2.83% 1.46% -5.30% -7.27% Aug/21
Lithium 95.33 0.05 -0.05% 0.24% -9.05% -21.31% Aug/21
Soda Ash 1,676.67 0.00 0.00% 0.00% 2.03% -7.95% Aug/22
Iron Ore 62% fe 92.7300 0.72 0.78% -1.10% -22.99% 37.30% Aug/22
Neodymium 395,500.00 4,000.00 1.02% 2.06% -1.74% -2.94% Aug/21
Rhodium 3,955.00 25.00 0.64% 4.63% 12.04% 66.18% Aug/21
Manganese 37.00 0.00 0.00% -1.33% 1.37% -10.84% Aug/21

Index Price Day Weekly Monthly Yearly Date
LME Index 2,748.70 0.00 0.00% -1.53% -3.23% -6.11% Aug/21
S&P GSCI 2,367.28 0.00 0.00% -1.37% -3.69% -12.35% Aug/21
Baltic Dry 2,118.00 57.00 2.77% 8.62% -3.33% 23.93% Aug/22
CRB Index 179.57 0.20 -0.11% 0.44% -4.49% -8.29% Aug/22


Brent crude oil

Brent Crude oil is a major benchmark price for purchases of oil worldwide. While Brent Crude oil is sourced from the North Sea the oil production coming from Europe, Africa and the Middle East flowing West tends to be priced relative to this oil. The Brent prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides - Brent crude oil - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brent crude oil - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
60.07 60.30 145.61 2.23 1970 - 2019 USD/BBL Daily