Buy price
93.78
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
93.769
Crude Oil Brent chart
Price Performance
1 week
+13.11% +13.11%
+13.11% +13.11%
1 month
+21.05% +21.05%
+21.05% +21.05%
YTD
+54.93% +54.93%
+54.93% +54.93%
Year
+35.72% +35.72%
+35.72% +35.72%
5 years
+21.61% +21.61%
+21.61% +21.61%
Information regarding past performance is not a reliable indicator of future performance.
Analysis
Prices surged from around $63 to above $120 in Q1 2026 after US-Israeli strikes on Iran triggered the Strait of Hormuz closure. By Q3 2026, Brent has fallen back to around $72 as Hormuz shipping recovers. Saudi Arabia restored 90% of pre-war export levels. The EIA sees Brent easing further toward $88–90/bbl in Q4 if normalisation continues. In Nigeria, Africa's largest oil producer, Brent price moves directly affect the naira's dollar reserve position, making UKOIL one of the most-tracked commodities by OPay and bank users.
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Crude Oil Brent
XAGUSD
93.7745
+3.25%
Instrument CFD
FAQ