Trade Brent Crude Oil Spot

Trading Conditions
Long position overnight funding adjustment
Long position overnight funding adjustment

Margin. Your investment
Overnight funding adjustment
Charges from full value of position
0.029975 %

Trade size with leverage ~ $10,000.00

Short position overnight funding adjustment ~ $9,000.00

Short position overnight funding adjustment
Short position overnight funding adjustment

Margin. Your investment
Overnight funding adjustment
Charges from full value of position
-0.051895 %

Trade size with leverage ~ $10,000.00

Short position overnight funding adjustment ~ $9,000.00

Overnight funding adjustment time21:00 (UTC)
Min traded quantity1
Stock exchange
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Brent Oil

Stay on top of the latest Brent crude oil price with our comprehensive live chart.

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

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

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’s Brent crude oil live chart.

Latest commodities articles

Market analysis: WTI turns lower ahead of the OPEC+ meeting
Crude oil prices extend their losses on Thursday. US crude (WTI) has pulled back to $78.50 per barrel, ending the bullish attempt to regain the $80 handle after bouncing from $76 earlier this week.
10:53, 31 May 2024
Brent Retreats Below 200MA Ahead of Key Reports
With OPEC's Oil Market Report set for release on Tuesday and the International Energy Agency's Oil Market Report on Wednesday, volatility looms over crude prices this week. Let's delve into the technical landscape of Brent Crude, the international oil benchmark, as we approach these pivotal reports.
12:54, 13 May 2024
Stack close-up Gold Bars
XAU/USD Latest: Gold struggles to find direction as uncertainty reigns
Gold struggles to find a direction as geopolitical tensions ease and Fed rate cuts become uncertain
09:27, 9 May 2024
Industry oil barrels or chemical drums stacked up
Oil slips back into key range despite surprise US crude inventories drop
US crude prices drop back into a key area of resistance/support even after US inventories drop for the first time in a month
15:41, 24 April 2024

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