Brent increased 11.13 USD/BBL or 20.26% 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 145.61 in July of 2008 and a record low of 2.23 in May of 1970.

Brent crude oil is expected to trade at 62.97 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 58.64 in 12 months time.


Brent crude oil
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Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 58.8879 0.38 -0.64% 3.95% -0.43% -19.83% Jun/27
Brent 66.0009 0.51 -0.77% 2.41% -5.86% -15.22% Jun/27
Natural gas 2.2744 0.02 -0.83% 4.09% -11.91% -22.64% Jun/27
Gasoline 1.9515 0.02 -0.96% 9.25% -0.27% -8.51% Jun/27
Heating oil 1.9626 0.01 -0.57% 4.16% -1.50% -9.90% Jun/27
Ethanol 1.5542 0.01 -0.83% -2.37% 4.94% 9.68% Jun/27
Naphtha 472.70 2.54 0.54% 3.04% -13.79% -25.17% Jun/26
Propane 0.45 0.00 0.88% 3.64% -23.24% -49.15% Jun/26
Uranium 24.6500 0.05 -0.20% 0.82% 2.28% 8.83% Jun/26

Metals Price Day Weekly Monthly Yearly Date
Gold 1,404.15 5.25 -0.37% 1.18% 9.78% 12.52% Jun/27
Silver 15.2574 0.01 -0.04% -1.05% 6.35% -4.38% Jun/27
Platinum 811.54 2.47 -0.30% 1.13% 2.02% -4.24% Jun/27

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 895.7212 0.50 0.06% -2.16% 4.64% 4.00% Jun/27
Wheat 551.7660 7.00 1.29% 4.80% 9.31% 15.07% Jun/27
Cotton 62.28 1.21 -1.91% -1.47% -10.35% -26.67% Jun/27
Rice 11.0000 0.06 -0.50% -2.00% -5.58% -3.68% Jun/26
Cheese 1.6960 0.00 0.00% 0.00% 0.18% 4.76% Jun/26
Palm Oil 2,393.00 2.00 0.08% -0.83% -3.29% 2.41% Jun/27
Milk 16.32 0.01 0.06% 0.25% -0.37% 7.16% Jun/26
Orange Juice 98.90 1.65 -1.64% 0.10% -5.27% -37.17% Jun/26
Lumber 386.00 10.30 -2.60% -1.28% 25.53% -30.82% Jun/26
Wool 1,740.00 26.00 -1.47% -1.75% -5.07% -15.37% Jun/26
Canola 443.00 2.20 0.50% -2.81% -1.75% -13.21% Jun/27
Sugar 12.16 0.13 1.08% -2.17% 3.49% 2.36% Jun/27
Oat 278.4692 1.25 0.45% -1.86% -12.09% 14.60% Jun/27
Tea 2.39 0.06 -2.45% -2.45% -12.77% -14.03% Jun/26
Cocoa 2,461.00 25.00 -1.01% -3.03% 0.45% 1.78% Jun/27
Coffee 105.60 0.70 0.67% 4.50% 9.94% -5.84% Jun/27
Rubber 234.40 0.50 0.21% -1.76% 7.67% 39.69% Jun/27
Corn 442.1887 0.25 -0.06% -1.74% 5.22% 28.17% Jun/27

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 109.0000 1.25 1.16% 0.46% -2.29% 0.74% Jun/26
Lean Hogs 73.5500 0.85 -1.14% -9.89% -12.41% -9.34% Jun/26
Poultry 4.73 0.00 0.00% 0.85% -3.47% 20.97% Jun/26
Beef 10.74 0.00 0.00% 0.09% 0.19% 11.64% Jun/26
Feeder Cattle 135.8250 4.50 3.43% -0.51% -4.50% -7.49% Jun/26

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.7118 0.00 0.09% -0.14% 0.31% -8.18% Jun/27
Steel 3,816.00 12.00 -0.31% 3.08% -3.27% -7.65% Jun/26
Bitumen 3,140.00 30.00 0.96% 2.68% -8.03% -0.63% Jun/27
Cobalt 28,000 0.00 0.00% 0.00% -16.42% -63.75% Jun/26
Coal 68.85 0.65 -0.94% -2.34% -14.89% -37.70% Jun/27
Palladium 1,521.50 0.50 -0.03% 2.94% 13.84% 61.06% Jun/27
Lead 1,933.75 0.00 0.00% 2.17% 6.53% -19.17% Jun/26
Aluminum 1,820.00 6.00 0.33% 2.02% 0.72% -15.55% Jun/26
Tin 18,780.00 270.00 -1.42% -0.63% -2.19% -4.18% Jun/26
Zinc 2,506.00 37.00 -1.46% 1.13% -2.19% -13.50% Jun/26
Nickel 12,234.00 0.00 0.00% 1.77% -0.92% -16.82% Jun/26
Molybdenum 28.60 0.00 0.00% 0.00% 0.35% 0.35% Jun/26
Iron Ore 115.00 2.00 -1.71% -0.43% 5.50% 71.64% Jun/26
Neodymium 457,500.00 0.00 0.00% -5.48% 1.67% 8.93% Jun/26
Iron Ore 62% fe 109.1900 1.26 1.17% 3.21% 10.99% 68.37% Jun/26
Rhodium 3,170.00 15.00 -0.47% -6.49% 11.62% 40.27% Jun/26
Manganese 36.50 0.00 0.00% -1.35% -1.35% -3.95% Jun/26
Lithium 101.58 0.12 0.12% 0.81% 3.51% -18.40% Jun/26
Soda Ash 1,783.33 23.34 -1.29% -0.93% -9.01% -15.25% Jun/27

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 1,317.00 37.00 2.89% 11.70% 21.72% -0.90% Jun/26
CRB Index 191.20 1.57 0.83% 3.99% 2.30% -6.18% Jun/26
LME Index 2,839.30 0.00 0.00% 2.03% 1.01% -11.60% Jun/26
S&P GSCI 2,492.67 0.00 0.00% 3.99% -0.45% -10.57% Jun/26


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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
65.99 66.49 145.61 2.23 1970 - 2019 USD/BBL Daily
MAR 16