Energy

Brent Crude · Spot History

USD per barrel · Quotes delayed up to 5 minutes

oilenergyinflationtime-series

Absolute values (dollar price)

Percentage change from start of period

Logarithmic scale — shows proportional changes equally

50-day Simple Moving Average — short-term trend

200-day Simple Moving Average — long-term trend

Relative Strength Index (14-period) — overbought above 70, oversold below 30

Moving Average Convergence Divergence (12/26/9) — trend & momentum signal

Brent crude oil’s price across time. Brent is the global benchmark for seaborne crude pricing, drawn from North Sea production and used to price approximately two-thirds of the world’s traded oil. Where WTI reflects U.S. domestic supply conditions, Brent reflects global supply-demand balance — and is therefore the more relevant price for understanding oil’s macro role and its impact on global growth.

Analyst's Note

Brent is especially sensitive to Middle East geopolitics and OPEC+ policy decisions, while WTI is more sensitive to U.S. inventory levels and shale production. The Brent-WTI spread typically runs $3–5 with Brent at the premium, but the spread widens during periods of U.S. supply abundance or constrained export capacity. For the analytical investor, Brent is the cleaner proxy for global energy demand and the better hedge against geopolitical oil-supply disruption. Most institutional energy positioning is sized in Brent, not WTI.