What is the current price of Brent crude oil?

The current price of Brent crude oil today is $ 87.71 per barrel. Live charts, historical data, futures contracts, and breaking news on Brent prices can be found below. Investment bank Goldman Sachs says there will be no immediate major effect on near-term oil market inventories related to the…

Does trading economics verify data on Brent crude oil?

Trading Economics does not verify any data and disclaims any obligation to do so. Brent decreased 0.31 USD/BBL or 0.37% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Brent crude oil - values, historical data, forecasts and news - updated on November of 2023.

What is the ICE Brent crude futures contract?

The ICE Brent Crude futures contract is a physically deliverable contract with an option to cash settle against the ICE Brent Index price, which is calculated the day after the last trading day of the futures contract.

Will Brent crude hit $100 a barrel in 2024?

Brent crude, the international benchmark, will hit $100 a barrel in 2024, Goldman strategists said in a Tuesday note. That's largely because of a supply-demand imbalance in the oil market, which is likely to worsen over the next year and push prices higher, Currie said.