Brent is the leading global benchmark for crude-oil pricing, based on oil from the North Sea and quoted in US dollars per barrel.

What moves Brent crude prices?

Brent is driven mainly by global supply and demand, OPEC+ production decisions, geopolitical risk in producing regions, inventory data, and the US dollar.

What is the difference between Brent and WTI?

Brent is the international benchmark (North Sea oil); WTI is the main US benchmark. The two usually trade at a small price spread reflecting quality and transport differences.

Brent Crude Oil news & analysis

Brent crude is the leading global benchmark for oil prices, quoted in US dollars per barrel.

Why is Brent up or down today?

Brent crude has cooled from recent highs, snapping a two-week winning streak as hopes for U.S.-Iran diplomacy eased fears about Middle East supply. At the same time, supply risks remain in focus with Saudi Aramco halting crude supply to European customers and reports that Saudi buffer capacity runs thin, leaving Atlantic barrels repricing and bond markets watching talk of $100 oil.

Updated Sep 21, 19:33 UTC

Latest news

Brent: Supply risks contrast softer prices – ING
www.fxstreet.com · Sep 21, 19:12 UTC
investingLive European session wrap: Oil extends fall, Bitcoin jumps to highest since January
investinglive.com · Sep 21, 12:03 UTC
Oil extends decline amid U.S.-Iran diplomacy hopes
www.hellenicshippingnews.com · Sep 21, 10:01 UTC
Saudi buffer runs thin, Atlantic barrels reprice
www.hellenicshippingnews.com · Sep 21, 10:01 UTC
The Commodities Feed: Oil cools off from the highs
think.ing.com · Sep 21, 07:25 UTC
Brent crude cools from recent highs, but $100 oil keeps bond markets on edge
investinglive.com · Sep 21, 04:42 UTC
Saudi Aramco halts crude oil supply to European customers
www.hellenicshippingnews.com · Sep 20, 21:02 UTC
Oil prices snap two-week winning streak on easing Middle East supply fears
www.hellenicshippingnews.com · Sep 20, 21:00 UTC

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Frequently asked questions

What is Brent crude?: Brent is the leading global benchmark for crude-oil pricing, based on oil from the North Sea and quoted in US dollars per barrel.
What moves Brent crude prices?: Brent is driven mainly by global supply and demand, OPEC+ production decisions, geopolitical risk in producing regions, inventory data, and the US dollar.
What is the difference between Brent and WTI?: Brent is the international benchmark (North Sea oil); WTI is the main US benchmark. The two usually trade at a small price spread reflecting quality and transport differences.
Why is Brent up or down today?: Brent's daily moves usually come from supply-and-demand news, OPEC+ signals, geopolitical headlines and inventory data. See the analysis at the top of this page for what is driving Brent right now.

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Not investment advice. For informational purposes only.