Brent crude oil price
The current price of Brent crude oil is a key indicator of conditions in the global oil market. Changes in the Brent price can have a significant impact on the wider economy, energy costs and consumers around the world.
The price of Brent crude oil, and its development over time, is closely monitored by businesses, investors and policymakers when planning strategies, making decisions and assessing trends in the energy sector.
The live Brent crude oil prices shown below are quoted per barrel. One barrel is equivalent to approximately 158.99 litres, or 42 US gallons. The quoted price relates to a futures contract that allows for either physical delivery or financial settlement.
In 2026, the average price of the reference Brent crude oil contract is 86.73 USD/Barel (1,836 CZK/Barel).
Previous price: 84.23 USD/Barel
4.04 USD/Barel
8.72 USD/Barel
18.75 USD/Barel
Brent crude oil price [USD/Barel]
Recent price development
Brent crude oil price (Sep26)
17.07.2026
Brent crude oil price (Sep26)
16.07.2026
Brent crude oil price (Sep26)
15.07.2026
Brent crude oil price (Sep26)
14.07.2026
Brent crude oil price (Sep26)
13.07.2026
Brent crude oil price (Sep26)
10.07.2026
Brent crude oil price (Sep26)
09.07.2026
Brent crude oil price (Sep26)
08.07.2026
Need to track Brent crude oil prices?
Get an overview of oil price developments and related news every business day at 8:00 straight to your e-mail. Free trial.
Questions and answers
What is the current Brent crude oil price?
The current Brent crude oil price on the exchange is 88.27 USD/Barel (1,869 CZK/Barel). This is a futures contract with physical delivery and the option of financial settlement.
What is Brent crude and where does it come from?
Brent is a type of crude oil extracted from the Forties, Oseberg, Ekofisk and Troll oil fields in the North Sea. Brent crude belongs to the 'light' and 'sweet' category with a density of 835 kg/m3 (38.06 API) and a sulphur content of 0.37%.
How will the oil price develop?
The oil price is sensitive mainly to the geopolitical situation and the growth or decline of key world economies. Beyond that, the price of oil is also significantly affected by sentiment among traders and by OPEC (the Organization of the Petroleum Exporting Countries) decisions on voluntary production cuts.
What affects the oil price?
The biggest influence on the oil price is the current geopolitical situation and the state of key world economies. Significant influences also include sentiment among traders and OPEC (the Organization of the Petroleum Exporting Countries) decisions on voluntary production cuts.
How many litres of oil are in one barrel of oil?
One barrel of oil is roughly 159 litres, or 42 US gallons. The abbreviation bbl is used for a barrel of oil (or other similar substance).