Brent decreased 24.82 USD/BBL or 37.39% since the beginning of 2020, 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. Brent crude oil - data, forecasts, historical chart - was last updated on September of 2020.

Brent crude oil is expected to trade at 40.62 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 35.15 in 12 months time.

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Brent crude oil


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.
Energy Price Day Weekly Monthly Yearly Date
Crude Oil
USD/Bbl
 39.4600 0.15 0.38% 3.08% -7.41% -32.71% Sep/22
Brent
USD/Bbl
 41.5700 0.13 0.31% 2.57% -7.89% -35.82% Sep/22
Natural gas
USD/MMBtu
1.8500 0.02 -1.23% -21.68% -26.38% -26.79% Sep/22
Gasoline
USD/Gal
 1.1798 0.01 -0.52% 3.66% -13.70% -29.93% Sep/22
Heating oil
USD/Gal
 1.1077 0.01 -0.59% 1.01% -11.21% -44.53% Sep/22
Ethanol
USD/Gal
 1.2000 0.10 9.09% -8.40% -6.25% -12.73% Sep/22
Naphtha
USD/T
 367.04 5.54 -1.49% 3.28% -3.80% -24.19% Sep/21
Propane
USD/Gal
 0.49 0.01 -1.25% 1.68% -3.12% 8.87% Sep/21
Uranium
USD/Lbs
 30.1000 0.05 -0.17% -0.50% -2.90% 16.89% Sep/18

Metals Price Day Weekly Monthly Yearly Date
Gold
USD/t.oz
 1,909.40 3.17 -0.17% -2.36% -1.19% 25.46% Sep/22
Silver
USD/t.oz
 24.422 0.31 -1.25% -10.33% -7.98% 31.09% Sep/22
Platinum
USD/t.oz
 879.82 1.49 -0.17% -10.06% -3.93% -8.07% Sep/22

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans
USd/Bu
 1,020.0000 1.75 -0.17% 2.87% 13.36% 14.29% Sep/22
Wheat
USd/Bu
 553.5000 0.50 -0.09% 2.88% 6.29% 14.60% Sep/22
Cheese
USD/Lbs
 1.7560 0.00 -0.23% -0.85% -15.98% -7.72% Sep/21
Palm Oil
MYR/T
 2,692.00 51.00 -1.86% 2.71% 7.38% 12.45% Sep/21
Milk
USD/CWT
 16.26 0.03 -0.18% -0.91% -17.08% -10.95% Sep/21
Wool
AUD/100Kg
 937.00 0.00 0.00% 5.28% -0.85% -39.23% Sep/18
Tea
USD/Kgs
 3.21 0.00 0.00% -2.13% 6.29% 3.88% Sep/18
Rubber
JPY/Kg
 216.60 12.60 6.18% 9.89% 30.48% 31.11% Sep/23
Sugar
USd/Lbs
 12.55 0.22 -1.72% 6.72% -1.26% 11.85% Sep/21
Cocoa
USD/T
2,629.00 12.00 -0.45% 0.04% 4.78% 7.13% Sep/21
Coffee
USd/Lbs
 112.00 0.15 0.13% -8.12% -6.86% 13.13% Sep/21
Orange Juice
USd/Lbs
 115.70 2.60 -2.20% -0.22% -1.41% 15.58% Sep/21
Lumber
USD/1000 board feet
 549.60 6.90 -1.24% -44.17% -32.17% 41.94% Sep/21
Rice
USD/cwt
 12.2200 0.00 0.00% 0.04% -0.33% 1.33% Sep/22
Canola
CAD/T
 526.00 0.40 -0.08% 0.98% 7.50% 17.33% Sep/22
Oat
USd/Bu
 283.2500 1.50 0.53% 5.20% 3.47% 1.25% Sep/22
Cotton
USd/Lbs
 63.94 0.11 0.17% -2.32% -1.87% 6.87% Sep/22
Corn
USd/BU
 369.2500 0.75 -0.20% 0.89% 11.30% -1.07% Sep/22

Livestock Price Day Weekly Monthly Yearly Date
Beef
BRL/Kg
 16.63 0.04 -0.24% 0.73% 7.50% 52.85% Sep/18
Poultry
BRL/Kgs
 5.85 0.00 0.00% 6.36% 15.61% 28.57% Sep/18
Feeder Cattle
USd/Lbs
 141.1000 0.40 0.28% -0.28% -0.63% -0.35% Sep/21
Live Cattle
USd/Lbs
 106.6000 0.73 -0.68% -0.26% 0.97% 4.66% Sep/21
Lean Hogs
USd/Lbs
 65.8250 0.48 -0.72% 1.86% 20.56% 8.00% Sep/21

Industrial Price Day Weekly Monthly Yearly Date
Copper
USD/Lbs
 3.0365 0.00 0.03% -0.31% 3.90% 17.04% Sep/22
Lithium
CNY/T
 39,000.00 0.00 0.00% 0.00% 0.00% -34.45% Sep/22
Bitumen
CNY/T
 2,396.00 22.00 -0.91% -4.54% -6.11% -28.00% Sep/21
Steel
CNY/T
 3,608.00 64.00 -1.74% -3.74% -3.84% -4.40% Sep/21
Aluminum
USD/T
 1,781.25 14.25 -0.79% 0.18% 2.26% -0.21% Sep/21
Tin
USD/T
 18,045.00 80.00 -0.44% -0.50% 3.90% 9.17% Sep/21
Zinc
USD/T
 2,472.50 74.75 -2.93% -0.35% 0.92% 6.05% Sep/21
Iron Ore
USD/T
 120.50 4.00 -3.21% -5.49% -3.21% 30.98% Sep/21
Coal
USD/T
 59.75 0.02 -0.03% 7.56% 18.43% -13.53% Sep/22
Palladium
USD/t.oz
 2,268.12 5.50 -0.24% -5.89% 4.99% 37.17% Sep/22
Cobalt
USD/T
 34,200.00 0.00 0.00% 3.01% 3.01% -8.80% Sep/18
Lead
USD/T
 1,887.90 2.73 0.14% 1.47% -5.14% -8.85% Sep/18
Nickel
USD/T
 14,851.50 182.50 -1.21% -1.31% 1.20% -15.59% Sep/18
Molybdenum
USD/Kg
 20.98 1.06 5.32% 5.32% 11.89% -24.26% Sep/18
Neodymium
CNY/T
 452,000.00 0.00 0.00% -0.66% -1.20% 9.58% Sep/18
Rhodium
USD/t oz.
 14,300.00 200.00 -1.38% 7.52% 18.18% 164.81% Sep/18
Manganese
CNY/T
 31.25 0.00 0.00% -0.79% -6.02% -15.54% Sep/18
Soda Ash
CNY/T
 1,633.33 0.00 0.00% 0.00% 15.29% -6.13% Sep/21
Iron Ore 62% fe
USD/T
 126.0100 1.08 -0.85% -2.21% 2.81% 34.78% Sep/21

Index Price Day Weekly Monthly Yearly Date
Baltic Dry
Index Points
 1,296.00 2.00 0.15% 2.29% -17.35% -38.52% Sep/18
LME Index
Index Points
 3,034.40 0.00 0.00% 0.65% 0.79% 7.99% Sep/18
S&P GSCI
Index Points
 1,765.48 8.88 0.51% 4.69% -1.57% -29.14% Sep/18
CRB Index
Index Points
 157.03 3.95 -2.45% 0.91% -2.26% -16.58% Sep/21