Brent rose to 68.10 USD/Bbl on September 1, 2025, up 0.92% from the previous day. Over the past month, Brent's price has fallen 0.95%, and is down 11.87% compared to the same time last year, 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 September of 2025.

In July 2025, the average price of one barrel of Brent crude oil was 71.04 U.S. dollars. This was relatively unchanged from the previous month and 14 U.S. dollars below July 2024 prices. 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 20 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.

Graph and download economic data for Crude Oil Prices: Brent - Europe (DCOILBRENTEU) from 1987-05-20 to 2025-07-21 about crude, oil, Europe, commodities, and price.

As of July 2025, the average annual price of Brent crude oil stood at 71.79 U.S. dollars per barrel. This is over eight 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 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.

Graph and download economic data for Global price of Brent Crude (POILBREUSDM) from Jan 1990 to Jun 2025 about crude, oil, World, and price.

Brent Crude Oil Futures data, recent 38 years (traceable to Jun 24,1988), the unit is USD/bbl, latest value is 67.67, updated at Aug 21,2025

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

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.

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.

ICE Singapore Crude Oil Futures data, recent 8 years (traceable to Mar 26,2018), the unit is CNY/bbl, latest value is 487, updated at Aug 22,2025

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.

Cotton futures showed slight declines influenced by a stronger US dollar and steady crude oil prices, with key data on export sales and market indicators reviewed.

Canola rose to 629.12 CAD/T on September 2, 2025, up 0.25% from the previous day. Over the past month, Canola's price has fallen 7.87%, but it is still 6.80% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Canola - values, historical data, forecasts and news - updated on September of 2025.

The fuel-efficient internal combustion engine (ICE) market is experiencing a dynamic period, driven by stringent emission regulations and the ongoing need for affordable transportation solutions. While the transition to electric vehicles (EVs) is accelerating, ICE technology continues to evolve, focusing on improved fuel efficiency and reduced emissions. This market, estimated at $50 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 5% between 2025 and 2033, reaching approximately $75 billion by 2033. Key drivers include advancements in engine design, such as downsizing, turbocharging, and the integration of advanced combustion strategies like direct injection and lean-burn technologies. Furthermore, the development of alternative fuels, such as biofuels and synthetic fuels, is contributing to the market's growth. However, challenges remain, including the high initial investment costs associated with new technologies and the ongoing competition from the rapidly expanding EV sector. This necessitates a strategic focus on innovation and cost optimization within the ICE sector to maintain its relevance in the evolving automotive landscape. The competitive landscape is characterized by a mix of established automotive giants like General Motors, Ford, and Daimler, alongside specialized component manufacturers such as Delphi Automotive and Honeywell. These companies are investing heavily in research and development to improve fuel efficiency and reduce emissions from ICEs. The market is segmented based on vehicle type (passenger cars, commercial vehicles), engine type (gasoline, diesel), and geographical region. North America and Europe are currently leading the market, but significant growth is anticipated in Asia-Pacific driven by increasing vehicle ownership and infrastructure development. Restraints include the increasing adoption of electric vehicles, rising fuel prices, and fluctuating crude oil prices impacting the overall market demand. However, ongoing innovation and government incentives for cleaner ICE technology are expected to partially offset these challenges, ensuring continued market growth in the near future.

The global Internal Combustion Engine (ICE) Oil Compound market is experiencing robust growth, driven by the increasing demand for passenger cars and light trucks, particularly in developing economies. While the transition to electric vehicles presents a long-term challenge, the substantial existing fleet of ICE vehicles necessitates ongoing maintenance and the continued use of high-performance engine oil compounds. The market's segmentation by application (passenger car, light truck, railway locomotive, lawn mower, etc.) and type (API S gasoline, API C diesel, API S/C gasoline and diesel) reflects diverse needs and performance requirements. The substantial presence of established players like Lubrizol, Chevron Oronite, and Infineum indicates a mature market with significant competition, driving innovation in product formulations to enhance fuel efficiency, reduce emissions, and extend engine lifespan. Growth is further fueled by advancements in additive technology, catering to the evolving demands of stricter emission norms and increasingly sophisticated engine designs. However, fluctuating crude oil prices and the gradual shift towards electric mobility act as key restraints, influencing market growth trajectories. We estimate the market size in 2025 to be around $15 billion, based on available information and extrapolation using a reasonable CAGR. Growth is anticipated across all regions, with Asia-Pacific showing particularly strong potential due to rapid industrialization and automotive growth. The North American and European markets currently hold significant shares, driven by established automotive industries and a large existing vehicle fleet. However, developing regions such as Asia-Pacific and the Middle East & Africa are poised for significant expansion, given their growing vehicle ownership rates and expanding infrastructure. Specific segments like API S gasoline engine oil compounds are expected to remain dominant in passenger car applications, while API C diesel engine oil compounds will see substantial demand within the commercial vehicle and industrial machinery segments. Continuous research and development efforts are focused on producing eco-friendly formulations that meet evolving environmental regulations and enhance engine performance. The competitive landscape is characterized by both large multinational corporations and regional players, leading to a dynamic market environment where innovation and strategic partnerships play a crucial role. The forecast period (2025-2033) suggests continued growth, albeit at a potentially moderated rate due to the increasing influence of electrification.

ICE新加坡主力连续数据，最近8年的数据（可追溯至Mar 26,2018），ICE新加坡主力连续单位是CNY/bbl，最新数据为477, 于Aug 29,2025更新

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.

The global Internal Combustion Engine (ICE) Oil Compound market is experiencing robust growth, driven by the increasing demand for vehicles and the rising need for high-performance lubricants. While precise market size figures for 2019-2024 are unavailable, a reasonable estimation based on industry reports and current market trends suggests a 2025 market size of approximately $8 billion. Considering a projected Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, the market is expected to reach approximately $12 billion by 2033. Key drivers include the expanding automotive sector in developing economies, stringent emission regulations pushing for improved lubricant technology, and the growing preference for synthetic and semi-synthetic oil compounds. The market is segmented by type (e.g., dispersants, detergents, viscosity modifiers), application (passenger vehicles, heavy-duty vehicles), and region. Leading players such as Lubrizol, Chevron Oronite, and Afton Chemical are significantly influencing market dynamics through continuous product innovation and strategic partnerships. The market’s growth is further bolstered by technological advancements in lubricant formulations, leading to enhanced fuel efficiency, extended engine life, and improved emission control. However, fluctuating crude oil prices and the rising adoption of electric vehicles pose significant challenges. Regional variations exist, with North America and Europe currently holding substantial market share, while Asia-Pacific is projected to exhibit the fastest growth in the coming years due to increasing vehicle ownership and industrialization. The competitive landscape is characterized by both large multinational corporations and smaller specialized players, fostering innovation and competition. The long-term outlook remains positive, with the continued demand for ICE vehicles in numerous segments, especially commercial vehicles and heavy machinery, supporting sustained market expansion.

The Norway automotive engine oil market, valued at approximately €100 million in 2025, is projected to experience a slight contraction over the forecast period (2025-2033), with a CAGR of -0.67%. This modest decline reflects several interconnected factors. Firstly, the increasing adoption of electric vehicles (EVs) in Norway, a nation renowned for its proactive environmental policies and high EV adoption rate, directly impacts the demand for traditional engine oils. As the EV market share expands, the overall need for engine oil diminishes. However, the existing fleet of internal combustion engine (ICE) vehicles still requires regular oil changes, mitigating the overall negative impact. The market is segmented by vehicle type (commercial vehicles, motorcycles, passenger vehicles) and product grade (e.g., synthetic, semi-synthetic, mineral). The commercial vehicle segment is expected to be relatively more stable compared to the passenger vehicle segment due to higher oil consumption and longer maintenance cycles. Further influencing market dynamics are factors such as fluctuating crude oil prices, evolving lubricant technology, and stringent environmental regulations that encourage the development and adoption of more energy-efficient oils. Leading players, including BP PLC (Castrol), Champion Lubricants, Chevron Corporation, ExxonMobil Corporation, Fuchs, Motul, Royal Dutch Shell Plc, TotalEnergies, and Valvoline Inc., are likely to focus on innovation and premium product offerings to maintain market share amidst these challenging conditions. The relatively small negative CAGR suggests that market stabilization is likely, given the continued presence of ICE vehicles. The market players will likely focus on niche segments, such as high-performance engine oils for premium vehicles and specialized oils for commercial vehicles, to counteract the declining market from EV adoption. Government initiatives promoting sustainable transportation, while impacting the overall market size, simultaneously create opportunities for manufacturers to offer eco-friendly and high-quality engine oils that comply with stricter emission standards. This segment of the market will be a key area of growth and competition for the major players. In conclusion, the Norwegian automotive engine oil market is characterized by a slow decline, influenced by the rise of EVs, but remains moderately resilient due to the continued necessity for maintenance of ICE vehicles and the focus on specialized, premium products. Recent developments include: January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.October 2021: Valvoline and Cummins extended their long-standing marketing and technology collaboration agreement for another five years. Cummins will endorse and promote Valvoline's Premium Blue engine oil for its heavy-duty diesel engines and generators and will distribute Valvoline products through its global distribution networks.June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.. Notable trends are: Largest Segment By Vehicle Type : Commercial Vehicles.