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Brent Crude

North Sea (UK/Norway)
79.85USD/BBL   +0.3  +0.38%
Updated : June 18, 2026

Brent Crude Price Analysis

PeriodHighLowChange %
7 Days90.3878.96 12.64%
30 Days111.2878.96 29.04%
90 Days112.1078.96 29.56%
180 Days112.1078.96 29.56%
365 Days112.1078.96 29.56%

Brent Crude Price History Chart

Brent Crude Recent Price History

DatePriceChangeChange%
2026-06-1879.850.30.38%
2026-06-1779.550.590.74%
2026-06-1678.96-4.215.33%
2026-06-1583.17-4.165%
2026-06-1287.33-3.053.49%
2026-06-1190.38-2.723.01%
2026-06-1093.100.70.75%

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Technical Specifications

Basic Classification

Grade NameBrent Crude
ClassificationLight/Sweet
Region/Field)North Sea (UK/Norway)

Chemical Properties

API Gravity (oAPI)38.3
Sulfur Content (%)0.37
Density (g/cm3)0.835
Pour Point (oC)-6
Viscosity (cSt)3.9

Other Details

Diesel Yield (%)26-30
Gasoline Yield (%)46-50
Jet Fuel Yield (%)10-12'
Residual Fuel Yield (%)08-10'
Delivery BasisHound Point/Sture
Major ExchangesICE (Brent Futures); Platts Dated Brent
Export HubHound Point (UK), Sture (Norway)
Main DestinationsEurope, Asia, Global
Benchmark TypeGlobal

Key Characteristics

Global benchmark, BFOET basket component, high-value light products

Typical Use/Refining Notes

High yield of light products (gasoline, diesel)

Frequently Asked Questions (FAQs)

Brent serves as the global benchmark due to its strategic North Sea location enabling efficient seaborne transportation worldwide, high liquidity in spot and futures markets, and quality consistency from the BFOET basket (Brent, Forties, Oseberg, Ekofisk, Troll). Its 38.2° API gravity and moderate sulfur content represent typical international crude characteristics, making it an ideal reference point for pricing approximately 60% of global crude trades.

The BFOET system allows five North Sea crude streams to be delivered against Brent futures contracts, ensuring adequate physical supply and preventing market manipulation. This diversification maintains liquidity even when individual field production declines. The system uses quality premiums/discounts relative to Dated Brent, creating a robust pricing mechanism that reflects real supply-demand fundamentals rather than artificial scarcity.
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