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Crude Oil Price Today | BRENT OIL PRICE CHART | OIL PRICE PER BARREL | Markets Insider

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Close</div> </div> <div class="snapshot__data-item padding-right--zero"> 72.88 <div class="snapshot__header">Open</div> </div> <div class="snapshot__line"></div> <div id="snapshot-highlow" class="snapshot__highlow-container"> <div class="snapshot__highlow"> <div class="snapshot__data-item snapshot__data-item--small"> 72.66 <div class="snapshot__header">Day Low</div> </div> <div class="snapshot__data-item snapshot__data-item--small snapshot__data-item--right"> 73.30 <div class="snapshot__header">Day High</div> </div> <div class="progress progress--52-percent"> <div class="progress__bar"></div> <div class="progress__position"> <div class="progress__marker"></div> <div class="progress__label snapshot__price-label">72.99</div> </div> </div> </div> <div class="snapshot__highlow"> <div class="snapshot__data-item snapshot__data-item--small"> 68.68 <div class="snapshot__header">52 Week Low</div> </div> <div class="snapshot__data-item snapshot__data-item--small snapshot__data-item--right"> 92.18 <div class="snapshot__header">52 Week High</div> </div> <div class="progress progress--18-percent"> <div class="progress__bar"></div> <div class="progress__position"> <div class="progress__marker"></div> <div class="progress__label snapshot__price-label">72.99</div> </div> </div> </div> </div> </div> </div> <div class="spacer-50 mobile-spacer-25"></div> </div><div class="plus-500-trade-container"> <a href="https://g.finanzen.net/p500-mi_004-web-buttons-commodities-detail" title="Plus500. 82% of retail CFD accounts lose money" target="_blank" rel="sponsored noopener"> <div class="price-section-with-button__plus500 button--stretch button--color-green font-color-white"> Start Trading Futures </div> </a> </div></div> </div> <div class="spacer-10"></div> <div class="site-content__row graviton"> <div class="site-content__col site-content__col--left"> <div class="htlad-desktop_in_post_ad_1" data-htlad="true" data-unit="Markets-Insider/Commodities/Quote" data-prebid="0x0:|768x0:Commodities/Quote/medrec|1261x0:Commodities/Quote/billboard_flex"></div> <div class="more-padding-between"> <div class="graviton sticky-breakpoint-height" id="instrument-detail-news"> <h2 id="commodity-news" class="header-underline"> Oil (Brent) News </h2> <section class="instrument-stories"> <div class="instrument-stories__story "> <div class="instrument-stories__meta"> <span class="instrument-stories__source">Business Insider</span> <time class="instrument-stories__date" datetime="2024-11-25 20:12">2d</time> </div> <a class="instrument-stories__image-link" href="/news/stocks/texas-pacific-land-stock-ai-data-center-demand-natural-gas-2024-11"> <img src="https://images2.markets.businessinsider.com/5447c297eab8ea43658ac6bd?format=jpeg" alt="" class="img-responsive instrument-stories__image"> </a> <h3 class="instrument-stories__title"> <a class="instrument-stories__link" href="/news/stocks/texas-pacific-land-stock-ai-data-center-demand-natural-gas-2024-11">A century-old land owner has seen its stock soar almost 200% this year amid a scramble for AI data centers</a> </h3> <p class="instrument-stories__teaser"> <a class="instrument-stories__link" href="/news/stocks/texas-pacific-land-stock-ai-data-center-demand-natural-gas-2024-11">Investors are betting Texas Pacific Land Corp.'s huge swath of land will be key for tech giants looking for space and cheap energy to power AI data centers.</a> </p> <div class="instrument-stories__clear"></div> </div> <div class="instrument-stories__story "> <div class="instrument-stories__meta"> <span class="instrument-stories__source">Business Insider</span> <time class="instrument-stories__date" datetime="2024-11-22 19:38">5d</time> </div> <a class="instrument-stories__image-link" href="/news/commodities/oil-prices-trump-tariffs-trade-war-production-surplus-goldman-sachs-2024-11"> <img src="https://images2.markets.businessinsider.com/673653e6192f525898589fb4?format=jpeg" alt="" class="img-responsive instrument-stories__image"> </a> <h3 class="instrument-stories__title"> <a class="instrument-stories__link" href="/news/commodities/oil-prices-trump-tariffs-trade-war-production-surplus-goldman-sachs-2024-11">Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says</a> </h3> <p class="instrument-stories__teaser"> <a class="instrument-stories__link" href="/news/commodities/oil-prices-trump-tariffs-trade-war-production-surplus-goldman-sachs-2024-11">Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs says.</a> </p> <div class="instrument-stories__clear"></div> </div> <div class="instrument-stories__story instrument-stories__story--no-image"> <div class="instrument-stories__meta"> <span class="instrument-stories__source">Zacks</span> <time class="instrument-stories__date" datetime="2024-11-26 15:51">18h</time> </div> <h3 class="instrument-stories__title"> <a class="instrument-stories__link" href="/news/commodities/conocophillips-acquires-marathon-oil-to-bring-over-$1b-in-synergies-14050940">ConocoPhillips Acquires Marathon Oil to Bring Over $1B in Synergies</a> </h3> <p class="instrument-stories__teaser"> <a class="instrument-stories__link" href="/news/commodities/conocophillips-acquires-marathon-oil-to-bring-over-$1b-in-synergies-14050940"></a> </p> <div class="instrument-stories__clear"></div> </div> <div class="instrument-stories__story instrument-stories__story--no-image"> <div class="instrument-stories__meta"> <span class="instrument-stories__source">Zacks</span> <time class="instrument-stories__date" datetime="2024-11-22 15:25">5d</time> </div> <h3 class="instrument-stories__title"> <a class="instrument-stories__link" href="/news/commodities/phillips-66-faces-$2-4m-fine-for-alleged-oil-dumping-in-la-14043506">Phillips 66 Faces $2.4M Fine for Alleged Oil Dumping in LA</a> </h3> <p class="instrument-stories__teaser"> <a class="instrument-stories__link" href="/news/commodities/phillips-66-faces-$2-4m-fine-for-alleged-oil-dumping-in-la-14043506"></a> </p> <div class="instrument-stories__clear"></div> </div> <div class="instrument-stories__story instrument-stories__story--no-image"> <div class="instrument-stories__meta"> <span class="instrument-stories__source">Zacks</span> <time class="instrument-stories__date" datetime="2024-11-21 14:00">6d</time> </div> <h3 class="instrument-stories__title"> <a class="instrument-stories__link" href="/news/commodities/oil-price-ticks-lower-on-inventory-gain--china-weakness-14039641">Oil Price Ticks Lower on Inventory Gain, China Weakness</a> </h3> <p class="instrument-stories__teaser"> <a class="instrument-stories__link" href="/news/commodities/oil-price-ticks-lower-on-inventory-gain--china-weakness-14039641"></a> </p> <div class="instrument-stories__clear"></div> </div> <div class="instrument-stories__border"></div> </section> </div> </div> <div class="spacer-50 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}); </script> <div class="graviton"> <h2 class="header-underline">Historical Prices for Oil (Brent)</h2> <div id="historicPrices"> <div class="grid__row"> <div class="grid__col--6 grid__col--m-12 grid__col--s-12 grid--d-flex grid--justify-content-start grid--order-1 grid--order-s-3"> <button class="button button--with-icon margin-right--s" title="Feb. 04 2021"> <span class="icon icon-calendar"></span> <span class="button__label">Feb. 04 2021</span> <span class="icon icon-left_right"></span> </button> <button class="button button--with-icon" title="Mar. 05 2021"> <span class="icon icon-calendar"></span> <span class="button__label">Mar. 05 2021</span> <span class="icon icon-left_right"></span> </button> </div> <div class="grid__col--6 grid__col--m-12 grid__col--s-12 grid--d-flex grid--justify-content-end grid--justify-content-m-start grid--justify-content-s-start grid--order-2 grid--order-s-1"> <button class="button margin-right--s" title="Download"> <span class="button__label">Download</span> </button> <button title="Reset" class="button "> <span class="button__label">Reset</span> </button> </div> <div class="grid__col--12 grid--order-3 grid--order-s-2"> <table class="table table--fixed table--sortable"> <caption>Loading..</caption> <thead class="table__thead"> <tr class="table__tr"> <th class="table__th">Date</th> <th class="table__th">Open</th> <th class="table__th">Close</th> <th class="table__th">Daily High</th> <th class="table__th">Daily Low</th> </tr> </thead> </table> </div> <div class="historical-prices__price-change grid__col--12 grid--order-4 grid--order-s-4"> <span>Price change over selected period:</span> <span class="historical-prices__price-change-values"> <span class="font-color-gray">0%</span> <span class="margin-left--s">0</span> </span> </div> </div> </div> </div> <div class="spacer-50 mobile-spacer-25"></div> <!-- Unit Conversion --> <div class="graviton"> <h2 class="header-underline"> Unit conversion for Oil (Brent) Price Today </h2> <div class="grid--vertical-scrolling"> <table class="table table--col-1-font-weight-normal table--suppresses-line-breaks"> <colgroup> <col> <col class="width-25-percent"> <col> <col> </colgroup> <thead class="table__thead"> <tr class="table__tr"> <th class="table__th">Conversion</th> <th class="table__th table__th--spacer"></th> <th class="table__th">Oil (Brent) Price</th> <th class="table__th">Price</th> </tr> </thead> <tbody class="table__tbody"> <tr class="table__tr"> <td class="table__td"> 1 Barrel ≈ 0,136 Tonnes of Crude Oil </td> <td class="table__th table__th--spacer"></td> <td class="table__td"> Oil (Brent) Price Per 1 Ton </td> <td class="table__td"> 536.18 USD </td> </tr> <tr class="table__tr"> <td class="table__td"> 1 Barrel = 42 Gallons </td> <td class="table__th table__th--spacer"></td> <td class="table__td"> Oil (Brent) Price Per 1 Gallon </td> <td class="table__td"> 1.74 USD </td> </tr> <tr class="table__tr"> <td class="table__td"> 1 Barrel ≈ 158,98 Liters </td> <td class="table__th table__th--spacer"></td> <td class="table__td"> Oil (Brent) Price Per 1 Liter </td> <td class="table__td"> 0.46 USD </td> </tr> <tr class="table__tr"> <td class="table__td"> 1 Barrel = 336 Pint </td> <td class="table__th table__th--spacer"></td> <td class="table__td"> Oil (Brent) Price Per 1 Pint </td> <td class="table__td"> 0.22 USD </td> </tr> </tbody> </table> </div> </div> <div class="spacer-50 mobile-spacer-25"></div> <div class="htlad-desktop_in_post_ad_1" data-htlad="true" data-unit="Markets-Insider/Commodities/Quote" data-prebid="0x0:|768x0:Commodities/Quote/medrec|1261x0:Commodities/Quote/billboard_flex"></div> <div class="htlad-mobile_in_post_ad_1" data-htlad="true" data-unit="Markets-Insider/Commodities/Quote" data-prebid="0x0:Commodities/Quote/medrec_flex|768x0:"></div> <div class="graviton sticky-breakpoint-height"> <h2 class="header-underline">Energy</h2> <div class="grid--vertical-scrolling"> <table class="table" data-table-filter-table=""> <colgroup> <col> <col> <col> <col> <col> <col> <col> </colgroup> <thead class="table__thead"> <tr class="table__tr"> <th class="table__th"> Name </th> <th class="table__th"> </th> <th class="table__th"> Price </th> <th class="table__th"> </th> <th class="table__th"> % </th> <th class="table__th"> Unit </th> <th class="table__th"> Date </th> </tr> </thead> <tbody class="table__tbody"> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/natural-gas-price" title="Natural Gas (Henry Hub)">Natural Gas (Henry Hub)</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 3.35 </td> <td class="table__td text-center"> <span class="arrow arrow--positive"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorGreen font-color-green">0.48</span> </td> <td class="table__td text-nowrap"> USD per MMBtu </td> <td class="table__td text-nowrap"> 11/27/24 04:03 AM </td> </tr> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/ethanol-price" title="Ethanol">Ethanol</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 2.16 </td> <td class="table__td text-center"> <span class="arrow arrow--positive"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorGreen font-color-green">0.05</span> </td> <td class="table__td text-nowrap"> USD per Gallon </td> <td class="table__td text-nowrap"> 11/26/24 11:49 AM </td> </tr> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/heating-oil-price" title="Heating Oil">Heating Oil</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 59.17 </td> <td class="table__td text-center"> <span class="arrow"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorDefault">0.00</span> </td> <td class="table__td text-nowrap"> USD per 100 Liter </td> <td class="table__td text-nowrap"> 11/27/24 04:03 AM </td> </tr> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/coal-price" title="Coal">Coal</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 121.85 </td> <td class="table__td text-center"> <span class="arrow arrow--negative"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorRed font-color-red">-0.53</span> </td> <td class="table__td text-nowrap"> USD per Ton </td> <td class="table__td text-nowrap"> 11/26/24 05:42 AM </td> </tr> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/rbob-gasoline" title="RBOB Gasoline">RBOB Gasoline</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 2.00 </td> <td class="table__td text-center"> <span class="arrow arrow--positive"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorGreen font-color-green">0.12</span> </td> <td class="table__td text-nowrap"> USD per Gallone </td> <td class="table__td text-nowrap"> 11/27/24 04:00 AM </td> </tr> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/uranium-price" title="Uranium">Uranium</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 77.20 </td> <td class="table__td text-center"> <span class="arrow arrow--negative"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorRed font-color-red">-1.36</span> </td> <td class="table__td text-nowrap"> USD per 250 Pfund U308 </td> <td class="table__td text-nowrap"> 11/26/24 11:39 AM </td> </tr> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/oil-price?type=brent" title="Oil (Brent)">Oil (Brent)</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 72.99 </td> <td class="table__td text-center"> <span class="arrow arrow--positive"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorGreen font-color-green">0.10</span> </td> <td class="table__td text-nowrap"> USD per Barrel </td> <td class="table__td text-nowrap"> 11/27/24 04:03 AM </td> </tr> <tr class="table__tr"> <td class="table__td"> <a href="/commodities/oil-price?type=wti" title="Oil (WTI)">Oil (WTI)</a> </td> <td class="table__td table__td--spacer"> </td> <td class="table__td text-nowrap"> 68.96 </td> <td class="table__td text-center"> <span class="arrow arrow--negative"></span> </td> <td class="table__td text-nowrap font-color-gray"> <span class="colorRed font-color-red">-0.01</span> </td> <td class="table__td text-nowrap"> USD per Barrel </td> <td class="table__td text-nowrap"> 11/27/24 04:03 AM </td> </tr> </tbody> </table> </div> </div> <div class="spacer-50 mobile-spacer-25"></div> <div id="taboola-mi"></div> <script defer=""> window.taboolaConfiguration = window.taboolaConfiguration || {}; var pageType = window.taboolaConfiguration.taboolaPageType; var pos = ''; if (pos.length !== 0) { pageType = pos; } 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Uses identifier we send in iframe url above. window.addEventListener('message', (e) => { if (e.data) { const source = e.data.source; const id = e.data.id; const height = e.data.height; if (source && id && undefined !== height) { const chosenFrame = document.querySelector(`iframe[data-ident="${id}"]`); if (chosenFrame) { chosenFrame.style.height = height + 'px'; } } } }, false); </script> <!-- code from GoBankingRates - Markets Insider - MarketsInsider --> <div class="htl-ad-placeholder htl-ad-placeholder--goBankingRates"> <iframe src="https://products.gobankingrates.com/pub/2e40eeb4-27e5-11ed-9a44-0a919b37cd73?resize=1&amp;ident=1235" scrolling="no" frameborder="0" width="100%" style="min-width:300px;max-width:595px;max-height:475px;" data-ident="1235"></iframe> </div> <div class="spacer-50 mobile-spacer-25"></div> <div class="graviton"> <h2 class="header-underline">Oil Price (Brent Crude and WTI)</h2> <div class="instrument-description"> <p>The price of oil is the most important value on international commodity markets since crude oil is the most important commodity. Emerging industrial markets such as China, India and Latin America greatly influence the price of oil, since they require more and more oil to support their economic growth and resulting rise in energy consumption. The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result, the price of oil has a strong influence on international economic development, since it is urgently needed in all industrialized countries when supplies are limited. <span class="instrument-description__read-more">(read more)</span></p><div class="instrument-description__hidden"> <p>Crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development. There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from the North Sea to the Sullom Voe Terminal on Mainland, Shetland by an underwater pipeline. From there, the crude oil is transported by tanker.</p><p>Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics. Crude oil is also used in cosmetics and medicines. Because the supply of crude oil is limited but demand is constantly growing, the price of oil is also continuously rising. Because crude oil is needed to manufacture other primary materials, it is the world’s most important commodity. The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 percent.</p><p>Because the crude oil industry has developed hardly at all in recent years due to a lack of investment capital for discovery, extraction and further processing, global production can barely meet the high demand for crude oil from countries such as the USA, China or India. In December 2005 the global demand for crude oil was 83.3 million barrels per day according to the International Energy Agency (IEA) and will rise further.</p><p>On an international level there are a number of different types of crude oil, each of which have different properties and prices. The different types of crude oil come from regions as diverse as Alaska North Lope, Arab Light or Zueitina in Libya. For the purposes of trading on futures exchanges in London or New York, however, reference oils are used. These are standardized products used to determine the prices for all other types. The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include Leona, Tijuana, Alaska North Slope, Zueitina or Urals.</p><p>The most important trading venue for European Brent Crude Oil is the International Petroleum Exchange in London.</p> </div> </div> </div> <div class="htlad-lower_300" data-htlad="true" data-unit="Markets-Insider/Currencies/Quote" data-prebid="0x0:|960x0:Currencies/Quote/halfpage_flex"></div> <div class="spacer-50 mobile-spacer-25"></div> <div class="graviton"> <h2 class="header-underline">Popular Articles</h2> <div class="popular-articles popular-articles--small"> <div class="popular-articles__story"> <div class="popular-articles__meta"> <span class="popular-articles__source">Business Insider</span> <time class="popular-articles__date" datetime="2024-26-11 19:02">15 hrs ago</time> </div> <a class="popular-articles__image-link" href="/news/stocks/donald-trump-tariffs-mexico-canadan-china-dollar-peso-oil-stocks-2024-11"> <img 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