Buy price
82.587
Crude Oil Brent (XAGUSD) Price Today — Live Chart and Analysis
Brent Crude is the world's leading oil price benchmark, used to price approximately two-thirds of all globally traded crude oil. It is produced from fields in the North Sea and classified as "light sweet" — low density and low sulphur — making it easier to refine into gasoline and diesel than heavier grades. Unlike WTI, which is delivered to the US domestic hub at Cushing, Oklahoma, Brent reflects the international seaborne oil market and is therefore more sensitive to Middle East supply disruptions and global shipping route risks. Brent consistently trades at a premium to WTI — historically $2–$5/bbl, widening significantly during geopolitical supply shocks. Brent futures are traded on the ICE exchange in London.
Sell price
82.558
Crude Oil Brent chart
Price Performance
1 week
-14.36% -14.36%
-14.36% -14.36%
1 month
-21.86% -21.86%
-21.86% -21.86%
YTD
+35.73% +35.73%
+35.73% +35.73%
Year
+12.33% +12.33%
+12.33% +12.33%
5 years
+18.65% +18.65%
+18.65% +18.65%
Information regarding past performance is not a reliable indicator of future performance.
Analysis
Brent spent most of 2025 under pressure, sliding from around $82/bbl to near $59 as a global supply surplus kept a lid on prices. Then the Iran conflict changed everything. US-Israeli strikes and the Strait of Hormuz closure sent Brent from $63 to a peak above $120 in March 2026. By mid-May 2026, it has pulled back from the $124 peak as Iran-US peace negotiations create daily whipsaws. Three supertankers reportedly departed the Strait in mid-May, the first evidence of supply resumption. OPEC+ output fell 7.9 million barrels per day in Q1 2026 as Gulf production was disrupted. The EIA sees Brent averaging around $110/bbl in Q2 before easing below $90 in Q4 if the Strait gradually reopens.
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Crude Oil Brent
XAGUSD
82.5725
-0.89%
Instrument CFD
FAQ