Brent crude oil spot price
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
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
Year by year
Prices (USD per barrel) from Jul 30, 2021 to Sep 25, 2026, grouped by calendar year.
| Year | Average | Year-end | High | Low |
|---|---|---|---|---|
| 2026 (months 1–9) | $92.59 | $117.08 | $124.61 | $62.18 |
| 2025 | $69.18 | $63.21 | $82.79 | $60.83 |
| 2024 | $80.57 | $73.13 | $92.01 | $72.10 |
| 2023 | $82.41 | $79.23 | $95.61 | $73.55 |
| 2022 | $100.88 | $81.83 | $127.40 | $78.56 |
| 2021 (months 7–12) | $76.76 | $78.16 | $84.98 | $68.08 |
Recent trend （Unit：USD per barrel）
- 2026-09-25117.08
- 2026-09-18124.15
- 2026-09-11111.83
- 2026-09-0499.09
- 2026-08-2889.73
- 2026-08-2194.2
- 2026-08-1492.51
- 2026-08-0787.86
- 2026-07-3191.63
- 2026-07-2496.12
- 2026-07-1782.93
- 2026-07-1073.33
FAQ
Brent crude oil spot price: what is the latest price?
Why is Brent the international benchmark?
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.