Brent price chart

brent price chart

What are the Brent prices displayed in trading economics based on?

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.

What is the price of Brent crude oil?

Prev. Close: $ 90.78 Open: $ 91.27 Days Range: $ 90.06 - $ 89.48 From the history charts, we can see that the price of Brent crude oil is never immutable. Like the price of gold, its price experiences wide price swings in times of shortage or oversupply.

What will be the new high for Brent Oil?

My computer said Brent Oils new high will be 141 USD! Trading suggestion: . There is still a possibility of temporary retracement to the suggested resistance line (93.01). if so, traders can set orders based on Price Action and expect to reach short-term targets.

How many liters in a gallon of oil (Brent)?

Oil (Brent) Price Per 1 Gallon 1.42 USD 1 Barrel ≈ 158,98 Liters Oil (Brent) Price Per 1 Liter 0.37 USD 1 Barrel = 336 Pint

What are the steel prices displayed in trading economics based on?

The steel prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our steel prices are intended to provide you with a reference only, rather than as a basis for making trading decisions.

What is the Brent Blend and how is it traded?

Brent blend is not traded directly in real time, but brent futures are traded on the Intercontinental Exchange ( ICE) as well as the New York Mercantile Exchange ( NYMEX ,) with delivery dates for all 12 months of the year. This large North Sea deposit is bounded by the United Kingdom, Norway, the Netherlands, Germany, France, Denmark, and Belgium.

What is the Brent index?

The Brent Index is the average price of trading 600,000 barrels on the 25-day Brent Blend, Forties, Oseberg, Ekofisk (BFOE) market. The index is calculated as the average of the following:

What is the difference between Brent and crude oil?

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.

What is the all time high for Brent crude oil?

Historically, Brent crude oil reached an all time high of 147.50 in July of 2008. Brent crude oil - data, forecasts, historical chart - was last updated on December of 2021. Brent crude oil is expected to trade at 68.07 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

What will happen to Brent oil prices in 2021?

According to the US Energy Short-term forecast (EIA), published on May 11, 2021, they are projected to average $65 per barrel in the second quarter of 2021, and then an average of 61 per barrel in the second half of 2021, therefore, a correction is expected to develop. Brent crude oil prices were high in 2020, averaging $64 a barrel in January.

Why is the Brent crude oil price soaring?

The Brent crude oil price has exploded higher over the past few weeks. The global geopolitical situation has had a massive impact on oil supplies and sentiment in the market.

What is the price of Brent oil per barrel?

Actual European Brent Oil Price equal to 60.76 Dollars per 1 barrell. Todays range: 60.74-61.10. Previous day close: 61.17. Change for today -0.41, -0.67%.

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