U.S. EIA Weekly USD per barrel

Brent crude oil spot price

USD per barrel

$96.12 ▲

WoW +15.9% · YoY +37.1%

2026-07-24 as of ・ Unit：USD per barrel

Brent (North Sea) is the international crude oil benchmark. Much of the world's crude trade references Brent, making it the thermometer for global prices including Europe and Asia.

Key points

The international crude benchmark (North Sea Brent)
Referenced by much of global crude trade
Sensitive to OPEC+ policy and geopolitics
The spread vs WTI signals trade/logistics

How to read it

Read in $/barrel. Moves with global supply/demand, geopolitics, and OPEC+ supply policy. The spread vs WTI (the North American benchmark) signals U.S. crude export competitiveness and logistics bottlenecks.

Trend

Recent trend （Unit：USD per barrel）

2026-07-2496.12
2026-07-1782.93
2026-07-1073.33
2026-07-0369.7
2026-06-2673.63
2026-06-1981
2026-06-1293.76
2026-06-0598.95
2026-05-2997.05
2026-05-22110.61
2026-05-15110.53
2026-05-08105.88

FAQ

Why is Brent the international benchmark?

Its origin, quality, and delivery terms make it widely referenced in global trade, used to price many transactions including those for Europe and Asia.

Sources (primary)

This article is an independent summary based on the official U.S. data below. Please verify the latest and exact details with the official sources.

EIA (official data page)
Source：U.S. EIA

Source: U.S. Energy Information Administration (EIA). This site is not endorsed or certified by the EIA and does not use the EIA logo.

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