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  2. Jan 4, 2022 · The spot price of Brent crude oil, a global benchmark, started the year at $50 per barrel (b) and increased to a high of $86/b in late October before declining in the final weeks of the year. Brent’s 2021 annual average of $71/b is the highest in the past three years.

  3. Jan 5, 2022 · Brent Crude prices have retreated since late October, to end 2021 at $78 a barrel. The international benchmark traded at over $79 early on Tuesday, just as the OPEC+ group started its...

  4. Brent crude oil is expected to trade at 77.45 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 79.05 in 12 months time.

  5. 2 days ago · Oil Price (Brent Crude and WTI) The price of oil is the most important value on international commodity markets since crude oil is the most important commodity.

  6. Jul 8, 2021 · In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast.

  7. Sep 14, 2021 · Concerns over the impact of rising Covid-19 cases on oil demand kept a lid on prices, however, with benchmark crudes falling month-on-month before edging marginally higher in early September. At the time of writing, Brent futures traded at around $73.80/bbl and WTI at $70.70/bbl.

  8. Dec 14, 2021 · Benchmark crude oil prices plunged by $15-17/bbl over the course of November, as concerns over Covid-19, inflation and economic growth weighed on the market. North Sea Dated prices were down $2.17/bbl for the month on average to $81.37, but hit a low of $68.87/bbl on 1 December before recovering to around $75/bbl at the time of writing.

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