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Brent Crude
BRN · Energy · ICE · Quoted in USD/bbl
116.80 USD/bbl
+25.90 (+28.49%) vs prior
Monthly avg, World Bank Pink Sheet, Sep 2026
Monthly averages · from 1960-01-01
Origin markets
Benchmark: Dated Brent, North Sea loading. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🇬🇧 North Sea UK/Norway · global benchmark | Dated BrentBenchmark | The reference two-thirds of world crude prices against |
🇷🇺 Urals Russia · price-capped | FOB Primorsk | Sanctions discount — shadow-fleet freight and cap compliance |
🇺🇸 WTI Midland USA · in the Brent basket | FOB Corpus Christi | US barrels deliverable into Dated — arb anchors the spread |
🇦🇪 Dubai UAE/Oman · Asia benchmark | Dubai swaps | East-of-Suez sour reference; Brent-Dubai EFS gauges the arb |
🇳🇬 Bonny Light Nigeria · sweet grade | FOB Bonny | Gasoline-rich light sweet — premium when European refiners run hard |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Open
90.90
Range high
120.40
Range low
62.70
Prev Close
90.90
1W
—
1M
+40.05%
1Y
+71.26%
5Y
+56.57%
Exchange
ICE
6-month range
Annualised volatility 39%Low 1.200Now 116.80 · 87%High 133.90
In other units
Converted from 116.80 USD/bbl · indicative FX
EUR/bbl · FX conversion, not an exchange quote
107.46
CNY/bbl · FX conversion, not an exchange quote
846.80
About Brent Crude
Brent Crude is traded in the energy segment. The series on this page is the named public source, not a live feed. Physical parcels of Brent Crude can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
EnergyICEUSD/bbl+28.49% vs prior
Top producers
1. Saudi Arabia2. Russia3. USA4. Iraq
Principal uses
- Refining to fuels
- Petrochemicals
- Global oil benchmark