BRENT CRUDE OIL
ICE Brent Crude futures front-month. Global oil benchmark — 60% of internationally traded crude is priced against Brent.
479 daily data points from 2010-01-01 to 2026-05-02.
Current$108.17/bbl
Change+0.1%
All-Time High$117.79/bbl (2012-03-01)
All-Time Low$25.27/bbl (2020-04-01)
2019 Avg$64.00/bbl
Data Points479
ALL-TIME (2010–2026)
Full history. Dashed line = 2019 average ($64.00/bbl).
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       └──────────────────────────────────────────────────────────────────────
        2010-01                            2025-06                     2026-05
1-YEAR
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    64 ┤╭╯╰───╯            ╰╯ ╰╯   ╰──╮╭─────────╮    ╭──╯                    
    60 ┤╯                             ╰╯         ╰────╯                       
       └──────────────────────────────────────────────────────────────────────
        2025-05                            2025-11                     2026-05
CONTEXT
Brent Crude is the primary benchmark for Atlantic basin and global oil pricing.
Strait of Hormuz transits ~21% of global petroleum liquids (~21 million bbl/day).
Gulf producers (Saudi Arabia, UAE, Iraq, Kuwait, Qatar) ship most exports through Hormuz.

Key levels:
2019 pre-crisis avg: ~$65/bbl
2020 COVID crash: $25/bbl (April 2020)
2022 Ukraine peak: $114/bbl (June 2022)
2024 range: $73-88/bbl
Current Hormuz crisis: $105+/bbl and rising

Disruption scenarios: partial blockade → $120-140/bbl; full closure → $150-200+/bbl.
Strategic reserves (IEA members): ~1.2 billion barrels — covers ~90 days of net imports.
Source: Yahoo Finance (BZ=F) / ICE Futures Europe. Monthly 2019–2025, daily from March 2025.
Updated daily. 479 data points since 2010-01-01.
LinkedIn · rmn [at] project45.pl
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