1. Raw materials

Crude Oil Brent US Dollars per Barrel

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Brent price on February26th 2016

The oil price for Brent crude oils in February was $32.18 per barrel while the price was $30.7 per barrel in January of 2016. Over last twelve months the price has fallen 44.61%.

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
88.23-0.24%8.50%13.57%04/30/2024
Europe Brent Spot Price FOB: Daily
DatePrice $
2016-02-26$35.76
2016-02-25$32.83
2016-02-24$31.50
2016-02-23$31.90
2016-02-22$33.59
2016-02-19$31.66
2016-02-18$33.20
2016-02-17$33.21
2016-02-16$31.09
2016-02-12$31.80
2016-02-11$28.82
2016-02-10$29.64
2016-02-09$30.15
2016-02-08$31.64
2016-02-05$32.35
2016-02-04$32.76
2016-02-03$32.38
2016-02-02$30.98
2016-02-01$32.45
2016-01-29$33.14
2016-01-28$33.01
2016-01-27$31.83
2016-01-26$30.94
< 2016-01 2016-03 >
Europe Brent Spot Price FOB 2016
DatePrice $Price €
February 2016$32.18€29.01
January 2016$30.70€28.27
December 2015$38.01€34.95
November 2015$44.27€41.24
October 2015$48.43€43.11
September 2015$47.62€42.44
August 2015$46.52€41.76
July 2015$56.56€51.44
June 2015$61.48€54.83
May 2015$64.08€57.47
April 2015$59.52€55.22
March 2015$55.89€51.57
< 2015 2017 >
Europe Brent Spot Price FOB evolution 2016