Commodities · Commodity · BZ=F
Brent Crude Oil
99.29 USD/bbl
−5.53(−5.28%)downPrevious close · 16:58 ET
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What this measures
The North Sea benchmark, the global reference crude against which WTI and Western Canadian Select are priced.
What moves it
- Seaborne supply and demand, geopolitical risk premia and freight.
- OPEC+ policy, which is expressed most directly here.
The Canadian angle
Brent sets the reference for East Coast Canadian refining feedstock and for offshore Newfoundland production, which prices closer to Brent than to WTI.
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