Brent crude price

brent crude price

What is the price of Brent crude oil?

Brent Crude Oil Prices serve as a major benchmark price for trading classification of sweet light crude oil around the world, therefore, it is essential to take attention to the prices of Brent crude oil. Prev. Close: $ 75.29 Open: $ 75.64

What are CFDs on Brent crude oil futures?

CFDs on Brent Crude Oil futures are quoted in US dollars per barrel (1 CFD contract contains 1 barrel of oil, 1 lot contains 1000 barrels of oil). 1 barrel stands for 158.988 litres. To understand and analyze the movement of Brent Crude price, you can see our price history table and real-time prices above.

What happened to the price of crude oil?

Brent crude oil fell as much as 1.3% to $59.01 per barrel while US crude dropped nearly 1% to $53.373 per barrel, around 12:40 PM NY time. 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.

How much is a barrel of crude oil?

1 Barrel ≈ 0,136 Tonnes of Crude Oil. Oil (Brent) Price Per 1 Ton. 297.50 USD. 1 Barrel ≈ 158,98 Liters. Oil (Brent) Price Per 1 Liter. 0.25 USD. 1 Barrel = 42 Gallons. Oil (Brent) Price Per 1 Gallon. 0.96 USD.

What will be the price of Brent crude oil in 2021?

Brent crude oil - data, forecasts, historical chart - was last updated on December of 2021. Brent crude oil is expected to trade at 68.07 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 62.82 in 12 months time.

What is the difference between Brent and crude oil?

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.

What are CFDs on Brent crude oil futures?

CFDs on Brent Crude Oil futures are quoted in US dollars per barrel (1 CFD contract contains 1 barrel of oil, 1 lot contains 1000 barrels of oil). 1 barrel stands for 158.988 litres. To understand and analyze the movement of Brent Crude price, you can see our price history table and real-time prices above.

What is the all time high for Brent crude oil?

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 December of 2021. Brent crude oil is expected to trade at 68.07 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

What happened to crude oil prices in November 2020?

In November, Brent crude oil spot prices increased to an average of $43 per barrel, an increase of $3 a barrel from Octobers per barrel average. 9 WTI closed out 2020 at around $48 per barrel while Brent crude finished the year at around $51 a barrel. 10 11

Will crude oil prices ever return to $100?

At the time, many oil executives believed it would be years before oil returned to $100 per barrel. They were right, at least as of July 30, 2021, when the price of a barrel of crude oil was $73.95. Five main factors can be identified as having driven crude oil prices down and kept them down. The year 2015 was a perfect storm for oil prices.

What happened to crude oil?

Oil producers were faced with a glut of crude oil that left them scrambling to find space to store the oversupply. Brent crude oil prices also tumbled, closing at $9.12 a barrel on April 21, a far cry from the $70 a barrel crude oil fetched at the beginning of the year. 2 The plunge of U.S. oil futures into negative territory was short-lived.

What happened to oil prices on April 21?

Brent crude oil prices also tumbled, closing at $9.12 a barrel on April 21, a far cry from the $70 a barrel crude oil fetched at the beginning of the year. 2 The plunge of U.S. oil futures into negative territory was short-lived.

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