Energy & commoditiesI Geo-EconomicsVI Energy & Supply
Brent crude oil (spot)
North Sea Brent crude spot price; the benchmark for global oil prices.
107.03
USD/bbl · daily · 3 Nov
- 1D
- −0.3%
- 30D
- −21.0%
- 1Y
- —
Last 12 months · markers link to event pages
- 109/09 · US and Iran strike tankers in the largest wave of attacks on shipping since the war began
- 211/09 · Drones launched from Iraq strike Saudi Arabia's East-West pipeline, which has been shut down
- 314/09 · Ship-tracking data at Hormuz contradict the US Energy Secretary's claim of 10 million barrels a day in flows
- 416/09 · Libya's petroleum facilities guard halted 3 facilities and issued a one-week closure ultimatum for 7 fields including Sharara
- 516/09 · Russia extended its diesel export ban to 31 October: 3 of 6 major refineries disrupted, exports below 1 million tonnes
- 617/09 · Putin: the 2027 budget deficit will be about 2% of GDP on an assumption of 50 dollars a barrel, with 2026 growth at most 1%
- 717/09 · The AVT-3 unit processing 17,140 tonnes a day at the YANOS refinery in Yaroslavl was hit and crude processing stopped
- 821/09 · The 72,825 dwt tanker LR Stephanie is struck in Hormuz and two seafarers wounded; weekend transits fall to 17 ships
- 921/09 · Houthis announce 2 operations against Riyadh and Yanbu, and Trump halts the Yemen strike despite bombs already loaded
- 1022/09 · Brent falls from 104.82 dollars on 17 September to 100.05 dollars on 22 September as Hormuz transit data conflict
- 1122/09 · Valve number 7 on Libya's Sharara pipeline is shut and the NOC reports a loss of 130,000 barrels a day
- 1222/09 · Trump meets 12 regional countries including Türkiye at the UN, US and Iranian delegations talk for 3 hours; Tehran sets 3 conditions on Hormuz
- 1325/09 · Mecca pact reaches the military table: Turkish, Pakistani and Saudi chiefs of staff meet in Riyadh on 25 September; Houthis fire 6 ballistic missiles
- 1426/10 · Nigeria's oil windfall runs into a production shortfall
Why it matters
The asset where geopolitical risk is priced fastest; insurance and freight premia show up here first.
Threshold · > 120.00
USD 120 is the zone where current-account pressure hardens for importing economies and the strategic reserve debate begins.
Near threshold · warning zone > 105.00
| Date | Value | vs previous observation |
|---|---|---|
| 3 November 2026 | 107.03 | −0.36 |
| 2 November 2026 | 107.39 | −12.76 |
| 30 October 2026 | 120.15 | +4.87 |
| 29 October 2026 | 115.28 | −3.92 |
| 28 October 2026 | 119.20 | −3.90 |
| 27 October 2026 | 123.10 | −5.02 |
| 26 October 2026 | 128.12 | −0.18 |
| 23 October 2026 | 128.30 | +2.91 |
| 22 October 2026 | 125.39 | +8.02 |
| 21 October 2026 | 117.37 | +2.15 |
| 20 October 2026 | 115.22 | −3.60 |
| 19 October 2026 | 118.82 | −0.51 |
| 16 October 2026 | 119.33 | −7.02 |
| 15 October 2026 | 126.35 | −0.20 |
| 14 October 2026 | 126.55 | +0.77 |
| 13 October 2026 | 125.78 | −4.17 |
| 12 October 2026 | 129.95 | −0.08 |
| 9 October 2026 | 130.03 | −0.15 |
| 8 October 2026 | 130.18 | +4.18 |
| 7 October 2026 | 126.00 | +0.56 |
| 6 October 2026 | 125.44 | −0.07 |
| 5 October 2026 | 125.51 | −10.00 |
| 2 October 2026 | 135.51 | +20.69 |
| 1 October 2026 | 114.82 | −1.09 |
| 30 September 2026 | 115.91 | +1.95 |
| 29 September 2026 | 113.96 | −6.01 |
| 28 September 2026 | 119.97 | +3.96 |
| 25 September 2026 | 116.01 | −4.91 |
| 24 September 2026 | 120.92 | +3.47 |
| 23 September 2026 | 117.45 | — |