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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

97.69100.12102.55104.98107.4117/0922/0923/0924/0925/0928/0922 September 2026 — 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 weeks124 September 2026 — France sends troops, radar and air defence systems to Saudi Arabia's Yanbu oil terminal against Houthi attacks; troop numbers not disclosed224 September 2026 — 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 $106.60325 September 2026 — Brent–WTI spread widens from $7.97 to $11.91 in a week: WTI ends the week lower at $92.41, Brent flat at $104.32425 September 2026 — 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 $104.32525 September 2026 — 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 side628 September 2026 — Brent retreats from its intraday high as Yanbu news trims the premium728 September 2026 — Brent tops 106 dollars in Asia as Iran sees no new round8
  1. 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
  2. 224/09 · France sends troops, radar and air defence systems to Saudi Arabia's Yanbu oil terminal against Houthi attacks; troop numbers not disclosed
  3. 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
  4. 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
  5. 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
  6. 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
  7. 728/09 · Brent retreats from its intraday high as Yanbu news trims the premium
  8. 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

Last 6 observations
DateValuevs previous observation
28 September 2026105.28+0.96
25 September 2026104.32−2.28
24 September 2026106.60+3.29
23 September 2026103.31+4.81
22 September 202698.50−6.32
17 September 2026104.82—