Crude Oil Brent (UKOIL) Price Today — Live Chart and Analysis

Light, low-sulphur crude from North Sea fields, quoted in US dollars per barrel. It is the pricing benchmark for about two-thirds of the world’s traded oil.

Buy price

101.213

Sell price

101.182

Crude Oil Brent chart

Price Performance

Information regarding past performance is not a reliable indicator of future performance.

Analysis

Brent settled at $117.64 on 30 Oct, its highest close in six months and just below its Q1 high of $118.35, after a tanker attack near the Strait of Hormuz. It rose about 15% this month.

Saudi Arabia's economy shrank 3.8% in Q3 as oil output and exports fell. Higher oil also feeds inflation, which pushes interest rate expectations up and weighs on stocks.

Levels for 2 to 6 Nov: Support 112.55 and 108.8. Resistance 118.35 and 120.

Next catalyst: US-Iran headlines and the OPEC+ meeting on 5 Dec

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Crude Oil Brent

UKOIL

101.197

Instrument CFD
Dynamic Spread 0.031

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