Brent crude oil price
The current Brent crude oil price is an important indicator of the global oil market, and its prices affect the economy and everyday life of people around the world. The Brent crude oil price, or the development of its price, is a key factor in planning strategies, decision-making and tracking the development of the energy sector.
The online Brent crude oil prices below are prices per barrel of oil (about 158.99 litres, 42 gallons). This is a futures contract with physical delivery and the option of financial settlement.
The average Brent crude oil price in 2026 for the reference contract is 88.59 USD/Barel (1,843 CZK/Barel).
Previous price: 83.17 USD/Barel
-2.07 USD/Barel
-31 USD/Barel
7.87 USD/Barel
Brent crude oil price [USD/Barel]
Recent price development
Brent crude oil price (Aug26)
16.06.2026
Brent crude oil price (Aug26)
15.06.2026
Brent crude oil price (Aug26)
12.06.2026
Brent crude oil price (Aug26)
11.06.2026
Brent crude oil price (Aug26)
10.06.2026
Brent crude oil price (Aug26)
09.06.2026
Brent crude oil price (Aug26)
08.06.2026
Brent crude oil price (Aug26)
05.06.2026
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Questions and answers
What is the current Brent crude oil price?
The current Brent crude oil price on the exchange is 81.1 USD/Barel (1,687 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).