Brent increased 17.07 USD/BBL or 31.09% 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 145.61 in July of 2008 and a record low of 2.23 in May of 1970.

Brent crude oil is expected to trade at 71.07 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 66.20 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 62.7610 0.34 -0.54% 1.19% -5.34% -12.64% May/22
Brent 71.9837 0.34 -0.47% 0.30% -3.39% -9.79% May/22
Natural gas 2.6152 0.01 0.27% 0.54% 6.52% -10.26% May/22
Gasoline 2.0108 0.01 -0.48% -0.10% -5.67% -11.03% May/22
Heating oil 2.0720 0.01 -0.48% -0.68% -2.17% -9.50% May/22
Ethanol 1.3800 0.01 -0.86% 3.84% 3.68% -8.24% May/22
Naphtha 558.57 0.65 -0.12% 1.44% -0.91% -16.98% May/21
Propane 0.59 0.00 -0.37% -4.07% -7.20% -35.53% May/21
Uranium 24.6000 0.00 0.00% -0.20% -4.65% 7.42% May/21

Metals Price Day Weekly Monthly Yearly Date
Gold 1,276.35 0.08 -0.01% -1.55% 0.33% -1.29% May/22
Silver 14.4868 0.02 0.10% -2.08% -2.22% -11.77% May/22
Platinum 813.06 0.44 -0.05% -3.85% -8.08% -9.58% May/22
Palladium 1,318.31 1.19 -0.09% -1.95% -5.19% 34.94% May/22
Manganese 37.00 0.50 -1.33% -1.33% -2.63% -6.33% May/21
Neodymium 342,500.00 5,000.00 1.48% 1.48% 1.48% -16.97% May/21
Rhodium 2,875.00 15.00 -0.52% -1.71% -1.88% 28.35% May/21

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 827.0855 5.75 0.70% -1.01% -4.05% -20.42% May/22
Wheat 479.0705 0.75 0.16% 6.76% 9.19% -9.78% May/22
Cotton 67.27 0.05 -0.07% 1.39% -12.15% -22.64% May/22
Rice 11.2900 0.02 -0.18% 3.44% 10.42% -5.29% May/22
Palm Oil 2,008.00 41.00 -2.00% 2.61% -3.92% -18.47% May/21
Cheese 1.6880 0.00 -0.18% -0.24% 2.80% 2.93% May/21
Milk 16.29 0.00 0.00% 0.00% 2.32% 6.89% May/21
Orange Juice 98.00 2.25 -2.24% -3.64% -7.59% -41.86% May/21
Coffee 92.90 4.65 5.27% 3.74% 1.98% -23.13% May/21
Lumber 317.90 4.30 1.37% -7.13% -1.76% -45.12% May/21
Wool 1,893.00 0.00 0.00% -3.02% -2.57% -3.52% May/21
Sugar 11.81 0.19 1.64% -1.09% -5.82% -2.80% May/21
Tea 3.33 0.00 0.00% 2.46% 31.10% 33.20% May/21
Rubber 206.20 0.80 0.39% 3.15% 9.86% 12.37% May/22
Canola 444.10 1.70 0.38% 0.59% 1.44% -17.02% May/22
Oat 310.9442 2.00 0.65% 8.06% 5.58% 23.39% May/22
Cocoa 2,446.00 59.00 2.47% 5.89% 4.26% -5.52% May/21
Corn 395.9411 1.00 0.25% 7.16% 12.72% -3.07% May/22

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 110.8500 0.50 -0.45% 1.23% -13.74% 5.12% May/21
Lean Hogs 90.1000 1.65 -1.80% 1.09% 1.21% 20.78% May/21
Poultry 4.96 0.01 0.20% 0.20% 4.86% 46.75% May/21
Beef 10.77 0.01 -0.09% -0.65% -1.01% 13.37% May/21
Feeder Cattle 134.3750 0.23 0.17% -1.19% -10.89% -0.39% May/21

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.7162 0.01 -0.22% -1.36% -6.29% -11.25% May/22
Bitumen 3,638.00 12.00 -0.33% 1.28% 3.29% 26.50% May/13
Steel 4,196.00 47.00 1.13% 0.89% 2.17% 2.89% May/13
Cobalt 34,500 0.00 0.00% 0.00% -1.43% -62.60% May/21
Coal 82.25 0.90 1.11% -4.08% -5.60% -19.16% May/21
Lead 1,791.00 0.00 0.00% 1.27% -6.74% -27.46% May/21
Aluminum 1,796.00 1.50 -0.08% -2.63% -3.75% -20.88% May/21
Tin 19,475.00 25.00 0.13% -1.62% -2.09% -5.58% May/21
Zinc 2,577.00 2.00 0.08% -0.66% -6.22% -14.92% May/21
Nickel 11,974.00 0.00 0.00% 1.83% -4.88% -17.94% May/21
Molybdenum 25,000.00 0.00 0.00% 0.00% 0.00% 0.00% May/21
Iron Ore 103.00 0.00 0.00% 5.64% 7.85% 58.46% May/21
Soda Ash 1,960.00 0.00 0.00% -1.18% -0.68% -5.05% May/21
Iron Ore 62% fe 96.5600 0.18 0.19% 2.85% 3.61% 45.18% May/21
Lithium 101.01 0.73 0.73% -2.08% -11.12% -23.03% May/21

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 1,041.00 1.00 0.10% 2.76% 31.77% -15.98% May/20
CRB Index 190.35 0.29 0.15% 1.14% -2.98% -9.81% May/21
LME Index 2,820.50 0.00 0.00% 0.28% -6.03% -15.33% May/21
S&P GSCI 2,599.07 0.00 0.00% 2.83% -2.33% -9.13% May/21


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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
71.97 72.18 145.61 2.23 1970 - 2019 USD/BBL Daily
MAR 16