Brent Crude Price Today
Brent crude oil is one of the most widely followed international oil benchmarks. The Brent crude price can move throughout the trading session as global supply and demand, geopolitical developments, inventories, currency movements and expectations for economic growth change.
This FinBrooks page provides a live view of the Brent crude oil price, including the latest available price, daily change, percentage change, previous close, contract and expiry information. The quoted price is shown in US dollars per barrel.
Brent Crude Oil Price Today
Brent crude is a major reference price for internationally traded crude oil. The live market figure above represents the latest available Brent futures market data used by FinBrooks.
The Brent price shown here is a market reference and should not be treated as the final price paid for crude oil, refined fuel, petrol or diesel. Local fuel prices can also reflect taxes, refining costs, transportation, distribution margins and currency movements.
Brent Crude Futures and Contract Expiry
Brent crude futures are exchange-traded contracts linked to the price of crude oil. Futures prices can change rapidly as traders respond to changes in global oil supply, demand expectations, inventories, production decisions and geopolitical events.
The live card above also shows the identified Brent contract and expiry when this information is available in the FinBrooks market-data feed. Different futures contracts can trade at different prices and have different expiry dates.
What Affects the Brent Crude Price?
Brent crude prices are influenced by a combination of global energy-market and macroeconomic factors, including:
- Global oil supply: Production levels and supply disruptions can affect available crude oil.
- Global oil demand: Economic activity, transportation and industrial consumption influence demand expectations.
- OPEC+ decisions: Production policies and market expectations around major oil-producing countries can influence prices.
- Geopolitical developments: Conflicts, sanctions and disruptions around important energy routes can affect supply expectations and risk premiums.
- US dollar movements: International crude oil is commonly quoted in US dollars, so currency movements can influence how prices are interpreted in other currencies.
- Inventory data: Changes in crude inventories can provide information about near-term supply and demand conditions.
Brent Crude Price vs Petrol and Diesel Prices
A change in the international Brent crude price does not automatically translate into the same percentage change in petrol or diesel prices. Retail fuel prices can be affected by crude procurement costs, refining, freight, taxes, exchange rates and local pricing structures.
How to Read the Live Brent Price
The live Brent panel shows the latest available Price, Change and Change % compared with the previous close. The Data Age indicates how old the source data is, which is particularly useful when markets are closed or the latest quote is delayed.
Brent Crude Market Information on FinBrooks
FinBrooks combines live market information with financial education and market analysis. You can use the other Live Rates pages to monitor gold, silver and GIFT Nifty alongside Brent crude oil.