Energy and commodities
Brent crude oil (futures)
ICE Brent crude futures; the price the market pays for later delivery.
105.28
USD/bbl · 28 Sept
- 1D
- +0.9%
- 30D
- —
- 1Y
- —
Last 12 months · markers link to event pages
- 122/09 · Saudi Arabia restarted the East-West pipeline, shut by a drone attack on 13 September, at low flow on 22 September; full capacity will take weeks
- 224/09 · France sends troops, radar and air defence systems to Saudi Arabia's Yanbu oil terminal against Houthi attacks; troop numbers not disclosed
- 324/09 · Houthis fire 6 ballistic missiles at Yanbu and Taif; with the Red Sea end of the East-West pipeline targeted, Brent closes up 3.41% at $106.60
- 425/09 · Brent–WTI spread widens from $7.97 to $11.91 in a week: WTI ends the week lower at $92.41, Brent flat at $104.32
- 525/09 · Iran offers to open Hormuz by the end of day 7 if the US blockade and oil sanctions are lifted; Rubio says no breakthrough, Brent closes 2.1% lower at $104.32
- 625/09 · Diesel rises by 2.55 lira on 25 September after a 5.5-lira cut on 24 September; a litre climbs to 93.45 lira on Istanbul's European side
- 728/09 · Brent retreats from its intraday high as Yanbu news trims the premium
- 828/09 · Brent tops 106 dollars in Asia as Iran sees no new round
Why it matters
The gap against the spot price shows whether the disruption is treated as temporary or permanent: spot prices physical scarcity, futures price expectation.
Threshold · > 120.00
120 dollars is the zone where the current-account strain in importing economies becomes acute.
Near threshold · warning zone > 105.00
| Date | Value | vs previous observation |
|---|---|---|
| 28 September 2026 | 105.28 | +0.96 |
| 25 September 2026 | 104.32 | −2.28 |
| 24 September 2026 | 106.60 | +3.29 |
| 23 September 2026 | 103.31 | +4.81 |
| 22 September 2026 | 98.50 | −6.32 |
| 17 September 2026 | 104.82 | — |