Crude Oil Brent US Dollars per Barrel January 1998

Brent price on January30th 1998

In January of 1998, price of Brent crude was $15.19 per barrel, while the price was $17.18 dollars per barrel in December of 1997. Over last twelve months the price has fallen 35.47%.

Brent crude is extracted from the North Sea and is also known as London Brent, North Sea Oil, Brent Blend and Brent petroleum. It is a light crude oil, slightly heavier than WTI, and sweet because of its low sulphur content and it is ideal for the refining of diesel fuel, gasoline.

Brent oil makes up more than half of the world's globally traded supply of crude oil. Brent blend crude serves as benchmark price for purchases of oil worldwide. It is traded electronically via the ICE futures exchange.

Related data:

Last	Ch.%	Ann. ch.%	YTD%	Date
77.57	3.62%	-17.88%	-0.15%	10/03/2024

Europe Brent Spot Price FOB: Daily

Date	Price $
1998-01-30	$15.59
1998-01-29	$16.28
1998-01-28	$15.64
1998-01-27	$15.74
1998-01-26	$14.79
1998-01-23	$14.26
1998-01-22	$14.35
1998-01-21	$14.67
1998-01-20	$14.95
1998-01-19	$15.38
1998-01-16	$14.89
1998-01-15	$14.75
1998-01-14	$14.81
1998-01-13	$15.08
1998-01-12	$15.07
1998-01-09	$15.33
1998-01-08	$15.47
1998-01-07	$15.33
1998-01-06	$15.48
1998-01-05	$15.29
1998-01-02	$15.77
1997-12-31	$15.86
1997-12-30	$16.01
< 1997-12 1998-02 >

Europe Brent Spot Price FOB 1998

Date	Price $	Price €
January 1998	$15.19
December 1997	$17.18
November 1997	$19.17
October 1997	$19.87
September 1997	$18.46
August 1997	$18.60
July 1997	$18.46
June 1997	$17.58
May 1997	$19.02
April 1997	$17.56
March 1997	$19.13
February 1997	$20.85
< 1997 1999 >

Europe Brent Spot Price FOB evolution 1998