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Apr 13, 2022 · Crude prices have eased by nearly $10/bbl following announcements of the US and IEA stock releases, with ICE Brent last trading at around $104/bbl. Insisting that no supply shortage exists, OPEC+ countries agreed on 31 March to stick with a modest monthly output increment for May.
Jan 4, 2023 · The Brent crude oil spot price averaged $100/b in 2022, and the WTI spot price averaged $95/b. In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.
Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices. The current price of Brent crude oil as of November 18, 2024 is $74.35 per barrel.
YearAverageclosing PriceYear OpenYear High2024$81.35$76.24$93.122023$82.49$80.36$97.102022$100.93$78.25$133.182021$70.86$50.37$85.76Brent crude oil - data, forecasts, historical chart - was last updated on November 26 of 2024. Brent decreased 3.63 USD/BBL or 4.72% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.
Monthly price chart and freely downloadable data for Crude Oil (petroleum); Dated Brent. Price in US Dollars per Barrel. 120 month history.
MonthPriceChangeApr 202490.055.38%Mar 202485.452.02%Feb 202483.764.40%Jan 202480.233.04%Jul 10, 2024 · Over the past 20 months, Brent crude prices have largely traded in a $75-$90 range reflecting the impact of OPEC+ supply management and uncertainty over global oil demand growth.
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The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.