Crude Oil Price (Brent)
Spot price of Brent crude oil, the international oil benchmark drawn from North Sea fields, in US dollars per barrel.
126.55
USD per Barrel
Crude Oil Price (Brent) — latest reading: 126.55 usd per barrel. As of October 2026, it is up 5.5% over the past 12 months, well above its 10-year average. Source: DCOILBRENTEU, US Energy Information Admin., published daily. Reported as published, without transformation; the publisher may revise it. Higher than all but 67 of 5000 readings since 2007-02-15. Last at or above this level on 2026-10-12.
Min
9.12
Max
143.95
Average
78.18
10Y Percentile
99%
3M Change
-2.7%
Crude Oil Price (Brent) (DCOILBRENTEU) — 5000 observations from 2007-02-15 to 2026-10-14. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Revisions
None. Across the 12 most recent prints held in the vintage archive, Crude Oil Price (Brent) was published once each and never restated. Market series behave this way; survey and sample-based statistics generally do not. How this is computed.
Macro Regime Context
The market regime is currently bull (79% confidence).
See what this means across all four regime dimensions →3-Month
-2.7%
6-Month
+0.9%
12-Month
+5.5%
What this means
Crude Oil Price (Brent) is currently at 126.55 usd per barrel, which is well above its 10-year historical average. The trend is decreasing (-2.7% over the past 3 months).
Over the past 6 months the change is +0.9%, and over 12 months it is +5.5%. The short-term pace is consistent with the longer trend.
Frequently Asked Questions
What is the Brent crude oil price?
Brent is a blend of crude from North Sea fields and serves as the pricing benchmark for most internationally traded oil. The spot price reflects the cost of a barrel for near-term physical delivery and is published every business day by the US Energy Information Administration.
Why track Brent as well as WTI?
WTI is priced for delivery at Cushing, Oklahoma and reflects North American conditions; Brent is waterborne and reflects global ones. When the two diverge, the gap is itself informative — it separates a US-specific supply or logistics event from one affecting the wider market.
How far back does the Brent series go?
The published daily record begins in May 1987, giving roughly four decades of observations against which any single day's move can be ranked.
How often is the Brent price updated?
Every business day, published by the US Energy Information Administration and sourced here from FRED.
Cite this page
MacroRadar, "Crude Oil Price (Brent)," https://www.macroradar.io/brent-crude-price (as of October 2026).