Brent decreased 0.64 USD/BBL or 0.85% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on March of 2025.

In February 2025, the average price of one barrel of Brent crude oil was 75.44 U.S. dollars. This was some four U.S. dollars below prices the previous month as demand for oil was expected to stagnate in the coming months. Brent terminology and most common uses Brent is the world's leading price benchmark for Atlantic basin crude oils. It is used to price two thirds of the internationally traded crude oil supplies and is also the most significant crude oil benchmark for Europe. Brent crude originates in the North Sea and includes oils from Brent and Forties Oil Field in the United Kingdom, and from the Oseborg and Ekofisk oil fields, both oil reserves in Norway. Other names for Brent are Brent Blend, London Brent and Brent petroleum. The name Brent comes from the Brent oil field, located north-east of the Shetland Islands, and thus part of the United Kingdom. Because the Brent oil field already passed its production peak, today the benchmark Brent includes oil from the other three major oil fields. Brent, next to West Texas Intermediate (WTI), is one of the lightest crude oils. With a low content of sulfur, it is ranged among the so-called sweet crude oils. Most of the Brent crude oil is refined into gasoline and middle distillates in Northwest Europe. Benchmark oil prices Other crucial benchmarks for crude oil prices are the already mentioned U.S.- WTI and Dubai Crude (Fateh). They are indispensable for referencing the many types and grades of oil on the global market. In the past twenty years, the annual price for one barrel of Brent crude oil saw a net increase. For example, the average price per barrel stood at 80.53 U.S. dollars in 2024.

As of February 2025, the average annual price of Brent crude oil stood at 77.36 U.S. dollars per barrel. This is some three U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility; such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and a low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

Brent Crude Oil Futures is a benchmark for worldwide oil prices and represents the price of oil as traded on the Intercontinental Exchange (ICE) in London. Find out more about the ticker symbol, expiry dates, and how traders use them to track specific contracts in the futures market.

Graph and download economic data for Crude Oil Prices: Brent - Europe (DCOILBRENTEU) from 1987-05-20 to 2025-03-03 about crude, oil, Europe, commodities, and price.

The price of Brent crude oil is one of the key indicators used to monitor the global oil market. Brent crude oil is a major benchmark for pricing oil worldwide, with its contracts traded on various exchanges such as the Intercontinental Exchange (ICE). The price of Brent crude oil represents the cost of a barrel of oil produced from the North Sea region, specifically from four different oilfields: Brent, Forties, Oseberg, and Ekofisk. The volatility of Brent crude oil prices is influenced by various factors

Tick (Bids | Asks | Trades | Settle) sample data for ICE Brent Crude Minute Marker BRNMD timestamped in Chicago time

Crude Brent oil is a major global benchmark for pricing oil, serving as a reference point for crude oil from Europe, Africa, and the Middle East. This article discusses the characteristics of Brent oil, its trading on the Intercontinental Exchange (ICE), factors influencing its price, and its significance as a benchmark in the energy industry.

Crude oil trading price refers to the value at which crude oil is bought and sold in financial markets. Factors affecting crude oil prices include supply and demand, OPEC policies, geopolitical events, economic indicators, and market speculation. Crude oil is primarily traded on the NYMEX and ICE exchanges. Changes in crude oil prices impact consumers, producers, investors, and the global economy. Understanding these factors is crucial for analyzing and predicting crude oil price movements.

The file "fuels.txt" includes daily data for Brent futures (BrentF) and spot (BrentS) prices obtained from nasdaq.com database and three NASDAQ indices:

1) NASDAQ OMX Bio/Clean Fuels Index (GRNBIO). Source: {https://indexes.nasdaqomx.com/Index/Overview/GRNBIO} 2) NASDAQ OMX Fuel Cell Index (GRNFUEL). Source:{https://indexes.nasdaqomx.com/Index/Overview/GRNFUEL} 3) NASDAQ OMX Transportation Index (GRNTRN). Source: {https://indexes.nasdaqomx.com/Index/Overview/GRNTRN}

The file "fundamentals.txt" includes monthly data for the following variables:

1) WIP: world industrial production index collected from:{https://sites.google.com/site/cjsbaumeister/datasets?authuser=0} 2) COMM: real commodity price factor - obtained from {https://sites.google.com/site/cjsbaumeister/datasets?authuser=0}; 3) GECON: global economic condition indicator (standardised) - obtained from {https://sites.google.com/site/cjsbaumeister/datasets?authuser=0}; 4) S.SH: oil supply shock - obtained from {https://sites.google.com/site/cjsbaumeister/datasets?authuser=0}; 5) OCDSH: oil consumption demand - obtained from {https://sites.google.com/site/cjsbaumeister/datasets?authuser=0}; 6) OIDSH: oil inventory demand- obtained from {https://sites.google.com/site/cjsbaumeister/datasets?authuser=0}; 7) EASH: oil demand shocks driven by global economic activity - obtained from {https://sites.google.com/site/cjsbaumeister/datasets?authuser=0}; 8) GEPU: global economic policy uncertainty index - , a normalised index of the volume of news articles discussing economic policy uncertainty; due to the nonstationarity of the data, obtained from: {https://www.policyuncertainty.com/global_monthly.html} 9) EXPT: Brent spot prices expectations formulated by the U.S. Energy Information Association; 10) SPX - end-of-month data of S&P500 11) SPECUL1: Net position of Money Managers (long-short) for Brent contract - based on the ICE Futures Europe Commitments of Traders Reports ({www.ice.com/marketdata/reports/122}); 12) SPECUL2: Speculation measure analogous to Working's (1960) index, which measures the speculative activity of non-commercial traders in the crude oil market.

Hedge funds reduce net-bullish crude positions, reflecting a cooling market sentiment influenced by trade concerns, the Ukraine conflict, and potential OPEC+ output changes.

ICE Futures Europe iMpact is the primary data feed for ICE Futures Europe and covers 50% of worldwide crude and refined oil futures trading, as well as other options and futures contracts like natural gas, power, coal, emissions, and soft commodities. This dataset includes all commodities on ICE Futures Europe—all listed outrights, spreads, options, and options combinations across every expiration month. Interest rates and financial products are not included at this time and will be part of a separate dataset.

Asset class: Futures, Options

Origin: Captured at Aurora DC3 with an FPGA-based network card and hardware timestamping. Synchronized to UTC with PTP

Supported data encodings: DBN, CSV, JSON (Learn more)

Supported market data schemas: MBO, MBP-1, MBP-10, TBBO, Trades, OHLCV-1s, OHLCV-1m, OHLCV-1h, OHLCV-1d, Definition, Statistics (Learn more)

Resolution: Immediate publication, nanosecond-resolution timestamps

Learn about crude oil futures contracts and how they are traded on commodities exchanges like NYMEX and ICE. Discover the specifications of popular contracts like WTI, Brent, and Dubai, and understand the factors that influence their prices. Find out how traders and investors use analysis and market news to make informed decisions. But remember, trading crude oil futures contracts comes with risks.

The CL symbol represents the US Crude Oil futures contract, which is traded on NYMEX and ICE. Learn about its importance, trading specifications, and how investors monitor its price.

WTI crude oil is traded on various commodity exchanges around the world, with trading hours varying depending on the exchange. This article provides information on the trading hours for WTI crude oil on exchanges such as NYMEX, ICE, and CME, and emphasizes the importance of being aware of these hours for traders.

Physical ice properties (porosity, permeability and brine volume fraction), and oil concentration measured on collected ice cores during the experiments.

• Oil concentrations are measured using a UV-fluorescence meter TD500TM (Turner Designs Hydrocarbon Instruments, Inc.)
• Ice temperature measured in-situ with thermocouple strings
• Porosity and permeability fields are computed from ice and temperature profiles using semi-empirical equations (Cox and Weeks, 1983; Golden et al., 2009). The oil intake and pore space saturation in oil (oil saturation) are derived from acoustic data of the oil/water and oil/ice interface position.

An oil futures contract is a legally binding agreement between a buyer and a seller to trade a certain quantity of oil at a predetermined price and at a specific future date. Futures contracts are standardized agreements traded on regulated exchanges, such as the New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE). This article explains the purpose and key components of oil futures contracts, as well as the participants and settlement methods. It also discusses the factors that infl

The crude oil market closing time is the end of the active trading period for crude oil futures contracts. This article discusses the closing times for the New York Mercantile Exchange (NYMEX) and the Intercontinental Exchange (ICE) and highlights the trading hours and breaks for each exchange.

The size and share of the market is categorized based on Type (Single-Hull Aframax, Double-Hull Aframax, Hybrid Aframax, Shuttle Tankers, Ice-Class Aframax) and Application (Crude Oil Transport, Refined Petroleum Transport, Offshore Storage, Oil Bunkering, Emergency Response) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Global oil futures refer to contracts that allow investors to trade oil commodities at a predetermined price on a specified future date. These futures contracts are traded on various exchanges worldwide, such as the New York Mercantile Exchange (NYMEX), Intercontinental Exchange (ICE), and Tokyo Commodity Exchange (TOCOM). They serve as an essential tool for energy producers, consumers, and speculators to manage and mitigate risks associated with oil price fluctuations.