Brent increased 9.56 USD/BBL or 17.42% since the beginning of 2019, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. 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.

Brent crude oil is expected to trade at 63.64 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 58.86 in 12 months time.


Brent crude oil
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Forecast Data Chart
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Energy Price Day Weekly Monthly Yearly Date
Crude Oil 58.4330 0.26 0.45% 6.53% 4.94% -17.44% Sep/20
Brent 64.4739 0.19 0.30% 7.06% 6.92% -18.18% Sep/20
Natural gas 2.5297 0.00 -0.12% -3.22% 16.58% -15.02% Sep/20
Gasoline 1.6813 0.02 -1.08% 8.25% -0.74% -16.65% Sep/20
Heating oil 1.9969 0.00 -0.24% 6.34% 7.52% -10.29% Sep/20
Ethanol 1.3490 0.03 -1.89% -0.52% -0.08% 7.83% Sep/20
Naphtha 483.13 4.80 1.00% 6.25% 7.63% -28.00% Sep/19
Propane 0.45 0.00 1.10% 5.05% 14.66% -57.38% Sep/19
Uranium 25.7000 0.05 0.19% 3.21% 1.98% -6.38% Sep/19

Metals Price Day Weekly Monthly Yearly Date
Gold 1,516.12 17.35 1.16% 1.86% 0.94% 26.44% Sep/20
Silver 18.0124 0.21 1.16% 3.37% 5.27% 26.40% Sep/20
Platinum 945.75 8.75 0.93% -0.25% 10.91% 14.43% Sep/20

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 883.0308 10.75 -1.20% -0.19% 2.62% 4.22% Sep/20
Wheat 487.0000 1.00 -0.20% 0.26% 5.30% -6.66% Sep/20
Cotton 59.13 0.14 0.24% -4.06% -1.24% -25.42% Sep/20
Rice 12.3319 0.05 -0.40% 3.02% 13.03% 24.82% Sep/20
Cheese 1.9030 0.00 0.00% -0.26% 3.99% 14.98% Sep/20
Palm Oil 2,409.00 11.00 -0.45% 1.90% 2.60% 13.85% Sep/20
Milk 18.26 0.01 0.05% -0.27% 3.69% 13.14% Sep/20
Rubber 164.00 6.00 -3.53% -1.09% -2.32% 13.10% Sep/20
Orange Juice 100.15 1.50 1.52% -1.77% 2.30% -31.99% Sep/20
Coffee 98.40 0.05 0.05% -1.11% 5.98% -1.50% Sep/20
Lumber 383.70 5.40 1.43% 2.59% 3.96% 12.75% Sep/20
Canola 447.40 3.50 -0.78% -0.53% -1.26% -8.64% Sep/20
Wool 1,542.00 11.00 0.72% 0.46% 1.92% -25.40% Sep/19
Tea 3.09 0.00 0.00% -2.83% 12.36% -3.74% Sep/19
Cocoa 2,473.00 5.00 0.20% 7.71% 12.87% 14.12% Sep/20
Sugar 11.08 0.09 0.82% 1.74% -2.72% 2.21% Sep/20
Oat 276.0425 0.75 -0.27% -4.89% 1.67% 9.11% Sep/20
Corn 370.1494 2.00 -0.54% 4.12% 2.11% 3.61% Sep/20

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 99.7739 0.08 -0.08% 1.73% -2.83% -11.76% Sep/20
Lean Hogs 60.6699 0.75 -1.22% -8.73% -4.16% 0.61% Sep/20
Feeder Cattle 140.6466 0.53 0.38% 3.04% 2.38% -10.39% Sep/20
Beef 10.82 0.05 0.46% 0.74% 1.98% 5.56% Sep/19
Poultry 4.52 0.00 0.00% -1.53% -1.74% 3.43% Sep/19

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.5738 0.02 -0.68% -4.00% -0.30% -9.26% Sep/20
Bitumen 3,312.00 60.00 -1.78% -5.59% -3.72% -10.29% Sep/20
Steel 3,691.00 50.00 -1.34% -2.84% -1.73% -19.27% Sep/20
Cobalt 36,500 0.00 0.00% 0.00% 11.96% -39.17% Sep/19
Coal 70.17 0.03 -0.04% -0.43% 4.42% -37.32% Sep/20
Palladium 1,641.50 18.22 1.12% 2.18% 11.56% 56.48% Sep/20
Lead 2,057.50 0.00 0.00% -1.53% 0.30% 3.31% Sep/19
Aluminum 1,800.00 14.50 0.81% -0.17% 1.01% -13.92% Sep/19
Tin 16,475.00 195.00 -1.17% -3.80% 0.00% -13.29% Sep/19
Zinc 2,312.00 8.00 -0.34% -1.49% 3.86% -7.37% Sep/19
Nickel 17,305.00 0.00 0.00% -3.60% 8.54% 37.99% Sep/19
Molybdenum 27.70 0.00 0.00% 0.00% -1.07% -5.46% Sep/19
Iron Ore 93.00 2.50 -2.62% -1.06% 1.09% 33.81% Sep/19
Neodymium 412,500.00 0.00 0.00% -0.72% 5.36% 1.23% Sep/19
Iron Ore 62% fe 93.4600 0.51 -0.54% -0.72% -0.60% 36.10% Sep/19
Rhodium 4,900.00 0.00 0.00% 3.70% 24.68% 92.53% Sep/19
Manganese 37.00 0.00 0.00% 0.00% 0.00% -9.76% Sep/19
Lithium 99.01 0.36 0.36% -0.09% 3.81% -23.12% Sep/19
Soda Ash 1,740.00 0.00 0.00% 0.00% 3.78% -5.07% Sep/20

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 2,192.00 74.00 -3.27% -7.35% 6.05% 55.13% Sep/19
LME Index 2,809.40 0.00 0.00% -0.87% 1.33% -3.78% Sep/19
S&P GSCI 2,470.96 0.00 0.00% 3.11% 4.52% -10.79% Sep/19
CRB Index 187.19 0.07 -0.04% 1.69% 4.13% -6.27% Sep/20


Brent crude oil

Brent Crude oil is a major benchmark price for purchases of oil worldwide. 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. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so. This page provides - Brent crude oil - actual values, historical data, forecast, chart, statistics, economic calendar and news. Brent crude oil - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
64.47 64.40 147.50 2.23 1970 - 2019 USD/BBL Daily