| Spread | 0.032 | ||||||||
|
Long position overnight fee
Long position overnight fee
Go to platform | 0.001418% | ||||||||
|
Short position overnight fee
Short position overnight fee
Go to platform | -0.023338% | ||||||||
| Overnight fee time | 21:00 (UTC) | ||||||||
| Min traded quantity | 1 | ||||||||
| Currency | USD | ||||||||
| Margin | 0.5% | ||||||||
| Commission on trade | 0% |
| Date | Close | Change | Change (%) | Open | High | Low |
|---|---|---|---|---|---|---|
| May 13, 2024 | 82.320 | -0.038 | -0.05% | 82.358 | 82.431 | 82.045 |
| May 12, 2024 | 82.379 | -0.075 | -0.09% | 82.454 | 82.497 | 82.311 |
| May 10, 2024 | 82.564 | -1.443 | -1.72% | 84.007 | 84.306 | 82.521 |
| May 9, 2024 | 83.923 | 0.316 | 0.38% | 83.607 | 84.102 | 83.246 |
| May 8, 2024 | 83.511 | 0.624 | 0.75% | 82.887 | 83.624 | 81.575 |
| May 7, 2024 | 82.842 | -0.738 | -0.88% | 83.580 | 83.715 | 82.290 |
| May 6, 2024 | 83.445 | 0.357 | 0.43% | 83.088 | 83.670 | 82.632 |
| May 5, 2024 | 83.098 | 0.368 | 0.44% | 82.730 | 83.281 | 82.730 |
| May 3, 2024 | 82.739 | -1.125 | -1.34% | 83.864 | 84.274 | 82.717 |
| May 2, 2024 | 83.583 | 0.135 | 0.16% | 83.448 | 84.343 | 82.965 |
| May 1, 2024 | 83.494 | -2.286 | -2.66% | 85.780 | 85.811 | 83.221 |
| Apr 30, 2024 | 85.872 | -1.289 | -1.48% | 87.161 | 87.741 | 85.400 |
| Apr 29, 2024 | 87.259 | -0.288 | -0.33% | 87.547 | 88.185 | 86.918 |
| Apr 28, 2024 | 87.537 | -0.443 | -0.50% | 87.980 | 87.980 | 87.537 |
| Apr 26, 2024 | 88.138 | 0.059 | 0.07% | 88.079 | 88.703 | 87.693 |
| Apr 25, 2024 | 88.100 | 1.097 | 1.26% | 87.003 | 88.154 | 86.329 |
| Apr 24, 2024 | 87.168 | -0.436 | -0.50% | 87.604 | 87.923 | 86.771 |
| Apr 23, 2024 | 87.544 | 1.186 | 1.37% | 86.358 | 87.603 | 85.282 |
| Apr 22, 2024 | 86.359 | 0.051 | 0.06% | 86.308 | 86.511 | 85.188 |
| Apr 21, 2024 | 86.303 | -0.066 | -0.08% | 86.369 | 86.509 | 86.303 |
Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).
Brent crude oil is a valuable commodity. Being a light sweet oil, it is considered more desirable than heavy sour crude as it is ideal for the refining of gasoline, diesel fuel and other high-demand products. As its supply is water-borne, Brent crude oil is easy to transport to distant locations. For these reasons, it can have a premium price.
Brent crude is a benchmark that defines oil prices around the world. About two-thirds of all internationally traded crude oil supplies are priced relative to Brent, making it the most widely used marker of all.
According to the historical Brent crude oil price chart, the commodity reached a record low of $2.23 in May 1970 and a record high of $147.02 in July 2008.
Always stay on top of the current price of Brent crude oil with Capital.com.
Brent crude is a light, low-sulphur oil that is extracted from 15 different oil fields in the North Sea and consists of Brent Blend, Forties Blend, Ekofisk and Oseberg crudes. It has become an industry standard due to its unique properties: its low density and low sulphur content makes Brent crude oil simpler to process into products such as gasoline. As such, it tends to fetch higher prices on commodity markets.
The commodity is seen as the global benchmark because European, African and Russian markets are tuned to its price – either because they import it, or because they have oil of their own that they cannot sell for a higher price than Brent crude.
For years, Benchmark crude oil has served as an investment tool used by international investors seeking true asset class diversification in their portfolio. The commodity is often seen as a hedge against deflation, inflation and devaluation.
The Brent crude oil rate significantly relies on the wider performance of the global economy. In addition, like with any other traded commodity, its value depends on the basic laws of supply and demand. For example, when supplies are tight, you can expect the price of Brent crude to rise.
Stay up-to-date with the latest market news and watch the Brent crude price live in dollars at Capital.com.
In regard to the price of Brent crude oil, the commodity has seen some dramatic peaks and troughs throughout its history. At the start of 1999, it stood as low as $10 a barrel. During the following years, it had climbed steadily until it reached its all-time high of over $147 a barrel in mid-2008. However, in the second half of the same year, the price suddenly slumped to under $40 a barrel.
Over the following decade, the commodity has witnessed many ups and downs, characterised by multiple price fluctuations from as low as $27.88 to as high as $128.14 a barrel.
To discover the latest Brent crude oil spot price and trace the historical value of the commodity over the years, follow Capital.com’s Brent crude oil live chart.
Disinflation resumes in the US as CPI drops in April
The rate of growth in US consumer prices dropped in April leading markets to price in more chances of rate cuts from the Fed
11:24, 16 May 2024Stock market crash: how far can the S&P 500 go?
After a remarkably strong first quarter, the US stock market pulled back in April for the first time since October last year.
11:46, 10 May 2024Bank of England preview: possible rate cut in summer?
The Bank of England (BoE) is widely expected to keep interest rates unchanged when it meets later this week. Data from Reuters shows a 90% chance of no change to the current rate of 5.25%, but the central bank will need to decide whether to change the messaging about rate cuts this year as traders will be paying close attention to any rate-cut clues.
12:39, 8 May 2024We’re partnering with Newsquawk
Filter out the noise and focus on the news that matters.
08:32, 23 April 2024US Earnings Season: Tesla, Alphabet, Meta Platforms and Microsoft
The first lot of Wall Street’s mega-cap tech companies report in the coming week. We preview what to expect from Tesla, Alphabet, Meta, and Microsoft’s quarterly results.
15:56, 22 April 2024Gold price in 2024: geopolitical tensions and rate-cut expectations keep XAU/USD supported
Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.
07:56, 17 April 2024US Earnings Season : JP Morgan, Citigroup, Wells Fargo
The first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to expect from JP Morgan, Citigroup, and Wells Fargo's quarterly numbers.
16:03, 11 April 2024Trade Brent crude oil sport CFDs, other major commodities, indices, forex and shares through Capital.com’s award-winning platform. Available on web and mobile. Trade now.
Learn more about Brent Crude Oil Spot
Join the 610,000+ traders worldwide that chose to trade with Capital.com
