Brent decreased 0.83 USD/BBL or 1.22% to 67.03 on Friday March 22 from 67.86 in the previous trading session. 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 64.40 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 59.89 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 59.0400 0.94 -1.57% 0.89% 2.84% -11.30% Mar/22
Brent 67.0300 0.83 -1.22% -0.19% -0.37% -5.70% Mar/22
Natural gas 2.7530 0.07 -2.41% -1.50% -2.93% 5.16% Mar/22
Gasoline 1.9259 0.01 0.29% 3.67% 24.64% -4.20% Mar/22
Heating oil 1.9659 0.02 -1.07% -0.09% -0.44% -2.44% Mar/22
Ethanol 1.4190 0.00 0.00% 2.68% 5.42% -0.77% Mar/23
Naphtha 533.34 1.45 -0.27% 0.21% 7.18% -6.68% Mar/22
Propane 0.67 0.00 -0.40% -2.40% -0.67% -15.74% Mar/22
Uranium 26.0000 0.05 -0.19% -4.59% -7.14% 20.09% Mar/22

Metals Price Day Weekly Monthly Yearly Date
Gold 1,313.13 3.93 0.30% 0.92% -1.05% -2.50% Mar/22
Silver 15.4148 0.05 -0.32% 0.90% -2.98% -7.45% Mar/22
Platinum 844.00 14.50 -1.69% 1.93% -0.59% -10.88% Mar/22
Palladium 1,564.00 44.50 -2.77% 0.26% 1.49% 60.16% Mar/22
Manganese 39.50 0.00 0.00% 0.00% 0.00% -3.66% Mar/22
Neodymium 375,000.00 0.00 0.00% -1.32% -5.78% -16.67% Mar/22
Rhodium 3,280.00 0.00 0.00% 3.80% 20.37% 64.41% Mar/22

Agricultural Price Day Weekly Monthly Yearly Date
Soybeans 903.7500 6.75 -0.74% -0.60% -0.88% -11.87% Mar/22
Wheat 466.0000 0.50 -0.11% 0.81% -0.16% 2.59% Mar/22
Cotton 76.58 0.60 -0.78% 1.43% 6.46% -6.42% Mar/22
Rice 11.2100 0.13 1.13% 4.52% 10.99% -9.91% Mar/22
Cheese 1.5400 0.00 0.00% 0.46% 10.32% -0.84% Mar/22
Palm Oil 2,090.00 0.00 0.00% 7.18% 3.47% -13.64% Mar/22
Milk 15.03 0.00 0.00% 0.60% 7.74% 5.77% Mar/22
Rubber 182.70 6.00 3.40% 3.81% -5.78% 9.40% Mar/22
Orange Juice 129.85 2.35 1.84% 2.73% 9.62% -5.84% Mar/22
Coffee 93.90 0.90 -0.95% -0.74% -2.59% -20.52% Mar/22
Lumber 368.30 10.10 -2.67% -8.04% -6.97% -25.91% Mar/22
Oat 278.5000 2.25 -0.80% 0.54% 3.53% 22.96% Mar/22
Wool 1,978.00 0.00 0.00% -0.05% -2.42% 11.25% Mar/22
Cocoa 2,159.00 27.00 1.27% -1.73% -3.92% -17.44% Mar/22
Canola 453.90 14.30 -3.05% -2.35% -3.59% -12.81% Mar/22
Sugar 12.57 0.07 0.56% 0.40% -4.05% 0.00% Mar/22
Tea 2.27 0.00 0.00% -12.02% -20.63% -29.72% Mar/22
Corn 378.2500 2.00 0.53% 1.34% 2.09% 1.14% Mar/22

Livestock Price Day Weekly Monthly Yearly Date
Live Cattle 129.7250 0.18 -0.13% 0.48% 0.91% 12.63% Mar/22
Lean Hogs 78.3250 0.00 0.00% 13.84% 45.32% 34.98% Mar/22
Poultry 4.57 0.00 0.00% -0.44% 5.30% 45.54% Mar/22
Beef 10.67 0.01 0.09% -1.02% 2.50% 13.03% Mar/22
Feeder Cattle 143.0000 0.23 0.16% 1.19% 0.35% 5.98% Mar/22

Industrial Price Day Weekly Monthly Yearly Date
Copper 2.8360 0.06 -2.21% -2.32% -3.86% -4.21% Mar/22
Steel 3,781.00 9.00 -0.24% -1.66% 1.59% 9.06% Mar/22
Bitumen 3,228.00 120.00 -3.58% -16.20% -1.28% 17.13% Mar/22
Coal 88.22 0.56 -0.63% -3.32% -5.95% -2.43% Mar/22
Cobalt 30,000 0.00 0.00% 0.00% -6.25% -68.25% Mar/22
Lead 2,009.50 11.25 -0.56% -1.74% -3.10% -15.89% Mar/22
Aluminum 1,903.00 3.50 0.18% 0.32% -0.16% -7.26% Mar/22
Tin 21,425.00 50.00 0.23% 1.66% -1.45% 2.71% Mar/22
Zinc 2,815.00 20.00 -0.71% 0.90% 3.53% -13.66% Mar/22
Nickel 12,903.00 8.00 -0.06% 0.46% 0.05% 0.00% Mar/22
Molybdenum 25,000.00 0.00 0.00% 0.00% 0.00% 11.11% Mar/22
Iron Ore 87.00 0.00 0.00% -0.57% -0.57% 28.89% Mar/22
Soda Ash 1,946.67 0.00 0.00% -0.17% -2.18% 12.90% Mar/22
Iron Ore 62% fe 85.8900 0.24 0.28% -0.27% -2.33% 21.81% Mar/22
Lithium 111.07 2.05 -1.81% -1.38% -6.88% -13.85% Mar/22

Index Price Day Weekly Monthly Yearly Date
Baltic Dry 690.00 5.00 -0.72% -5.48% 8.32% -38.50% Mar/22
CRB Index 191.87 0.39 0.20% 0.20% 1.49% -3.89% Mar/22
LME Index 3,027.30 0.00 0.00% 0.24% -0.34% -4.91% Mar/22
S&P GSCI 2,532.32 24.54 -0.96% 0.44% 3.00% -3.16% Mar/22


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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
67.03 67.86 145.61 2.23 1970 - 2019 USD/BBL Daily
MAR 16