Actual
100.013
Daily Change
-3.86 -3.71%
Monthly
8.51%
Yearly
50.24%
Q3 Forecast
104.412
Brent oil - Summary

Brent crude fell to around $100 a barrel on Monday, extending losses for a fourth session as traders focused on diplomatic efforts to de-escalate the US-Iran conflict and signs that oil and LNG shipments through the Strait of Hormuz remain resilient. President Donald Trump said he would probably be open to meeting Iranian President Masoud Pezeshkian during this week’s UN General Assembly in New York. Trump may also meet with other Persian Gulf leaders, while he is scheduled to hold a summit with Chinese President Xi Jinping. Meanwhile, US Central Command chief Admiral Brad Cooper said crude and LNG flows through Hormuz have reached a six-month high, with the main transit lanes clear of mines. Middle East oil flows averaged 17.1 million barrels per day over the past 10 days, despite Saudi Arabia’s East-West pipeline remaining disrupted after recent attacks.

Brent oil - Stats

Brent fell to 99.85 USD/Bbl on September 21, 2026, down 3.87% from the previous day. Over the past month, Brent's price has risen 8.34%, and is up 50.00% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Brent oil reached an all time high of 147.50 in July of 2008. Brent oil - data, forecasts, historical chart - was last updated on September 21 of 2026.

Brent oil - Forecast

Brent fell to 99.85 USD/Bbl on September 21, 2026, down 3.87% from the previous day. Over the past month, Brent's price has risen 8.34%, and is up 50.00% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent oil is expected to trade at 104.41 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 122.78 in 12 months time.



Price Day Month Year Date
Crude Oil 95.53 -4.775 -4.76% 12.37% 53.38% Sep/21
Brent 100.01 -3.857 -3.71% 8.51% 50.24% Sep/21
Natural gas 2.85 -0.0645 -2.21% 0.44% 1.48% Sep/21
Gasoline 3.48 -0.0518 -1.47% 6.27% 75.73% Sep/21
Heating Oil 4.88 -0.1809 -3.58% 14.27% 112.75% Sep/21
Coal 144.00 -0.65 -0.45% 10.98% 39.33% Sep/18
Ethanol 2.10 0.0100 0.48% 2.94% 9.09% Sep/18
Naphtha 839.26 1.49 0.18% 11.53% 49.72% Sep/18
Propane 0.83 -0.01 -0.84% 15.16% 17.32% Sep/21
Uranium 89.70 0 0% 1.64% 16.65% Sep/18
Methanol 3,387.00 -46.00 -1.34% 15.24% 50.33% Sep/21
Urals Oil 115.44 2.03 1.79% 29.93% 87.52% Sep/18


Brent oil
Brent crude oil is one of the principal benchmark prices for oil traded globally. Originating from the North Sea, Brent serves as a key pricing reference for crude oil produced in Europe, Africa, and the Middle East, particularly for supplies moving westward. Due to its broad use in international trade, Brent is widely regarded as a global benchmark for oil pricing. Brent crude is typically classified as light and sweet, meaning it has relatively low density and sulfur content, making it easier to refine into products such as gasoline and diesel. Brent prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official Brent crude benchmarks. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
99.85 103.87 147.50 2.23 1970 - 2026 USD/BBL Daily

News Stream
Brent Crude Drops for 4th Day
Brent crude fell to around $100 a barrel on Monday, extending losses for a fourth session as traders focused on diplomatic efforts to de-escalate the US-Iran conflict and signs that oil and LNG shipments through the Strait of Hormuz remain resilient. President Donald Trump said he would probably be open to meeting Iranian President Masoud Pezeshkian during this week’s UN General Assembly in New York. Trump may also meet with other Persian Gulf leaders, while he is scheduled to hold a summit with Chinese President Xi Jinping. Meanwhile, US Central Command chief Admiral Brad Cooper said crude and LNG flows through Hormuz have reached a six-month high, with the main transit lanes clear of mines. Middle East oil flows averaged 17.1 million barrels per day over the past 10 days, despite Saudi Arabia’s East-West pipeline remaining disrupted after recent attacks.
2026-09-21
Brent Extends Decline on Diplomacy Hopes
Brent crude dropped below $101 per barrel on Monday, declining for the fourth straight session, pressured by hopes that increased diplomatic efforts could help end the Middle East conflict and restore energy flows from the region. President Donald Trump said he would “probably” be open to meeting Iranian President Masoud Pezeshkian on the sidelines of the United Nations General Assembly in New York this week. Trump may also meet with other Persian Gulf leaders, while he is scheduled to hold a summit with Chinese President Xi Jinping. Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani urged Gulf states to cooperate in restoring stability across the region, noting that messages were being exchanged between the US and Iran. Meanwhile, US Central Command chief Admiral Brad Cooper said oil and liquefied natural gas shipments through the Strait of Hormuz over the past two weeks had reached their highest level in six months.
2026-09-20
Brent Slips as Saudi Supply Risks Ease
Brent crude prices tumbled to $103 a barrel on Friday, erasing gains after a volatile session and falling for a third consecutive session. Markets expect the closure of Saudi Arabia’s key pipeline to have a softer impact on supplies than initially feared. Satellite imagery suggests Saudi Arabia moved 2.8 million bpd through the Strait of Hormuz over the past six days, compared with just 700,000 bpd in August. Saudi Arabia has reportedly sold as many as 60 million barrels of crude from the Persian Gulf port of Ras Tanura for September and October loadings outside the strait through ship-to-ship transfers. Reports that Aramco expects to restore half of the pipeline’s daily flows also eased supply concerns. Still, only four commodity vessels were detected moving through Hormuz on Thursday. Volumes from Hormuz are being picked up mostly by refiners in China and South Korea. China exported 6.01 million tons of refined fuels in August, up 12.7% yearly. Brent prices fell 1.2% on the week.
2026-09-18