1. Raw materials

Crude Oil Brent US Dollars per Barrel

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Brent price on May31th 2004

The oil price for Brent crude oils in May was $37.57 per barrel while the price was $33.59 per barrel in April of 2004. Over last twelve months the price has raisen 45.28%.

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:

LastCh.%Ann. ch.%YTD%Date
85.921.33%13.37%10.59%06/20/2024
Europe Brent Spot Price FOB: Daily
DatePrice $
2004-05-31$37.00
2004-05-28$37.00
2004-05-27$37.03
2004-05-26$38.05
2004-05-25$38.46
2004-05-24$39.22
2004-05-21$37.60
2004-05-20$38.89
2004-05-19$38.35
2004-05-18$38.43
2004-05-17$38.88
2004-05-14$39.04
2004-05-13$38.30
2004-05-12$37.95
2004-05-11$36.97
2004-05-10$35.83
2004-05-07$37.25
2004-05-06$37.05
2004-05-05$36.58
2004-05-04$36.07
2004-05-03$34.97
2004-04-30$35.23
2004-04-29$34.66
< 2004-04 2004-06 >
Europe Brent Spot Price FOB 2004
DatePrice $Price €
May 2004$37.57€31.29
April 2004$33.59€28.03
March 2004$33.63€27.43
February 2004$30.86€24.40
January 2004$31.28€24.80
December 2003$29.81€24.26
November 2003$28.75€24.57
October 2003$29.61€25.33
September 2003$27.11€24.16
August 2003$29.89€26.83
July 2003$28.35€24.93
June 2003$27.65€23.71
< 2003 2005 >
Europe Brent Spot Price FOB evolution 2004