1. Raw materials

Crude Oil Brent US Dollars per Barrel

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Brent price on August28th 2020

The price of Brent oil stood at $44.74 a barrel, compared with $43.24 the previous month. Over last twelve months the price has fallen 24.22%.

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
89.54-1.92%4.57%15.25%04/17/2024
Europe Brent Spot Price FOB: Daily
DatePrice $
2020-08-28$45.22
2020-08-27$44.84
2020-08-26$45.79
2020-08-25$46.01
2020-08-24$44.43
2020-08-21$43.94
2020-08-20$44.56
2020-08-19$45.21
2020-08-18$45.34
2020-08-17$44.91
2020-08-14$44.86
2020-08-13$44.87
2020-08-12$45.09
2020-08-11$43.68
2020-08-10$44.19
2020-08-07$44.07
2020-08-06$45.04
2020-08-05$44.92
2020-08-04$43.99
2020-08-03$43.76
2020-07-31$43.13
2020-07-30$42.98
2020-07-29$43.51
< 2020-07 2020-09 >
Europe Brent Spot Price FOB 2020
DatePrice $Price €
August 2020$44.74€37.83
July 2020$43.24€37.72
June 2020$40.27€35.78
May 2020$29.38€26.95
April 2020$18.38€16.92
March 2020$32.01€28.93
February 2020$55.66€51.04
January 2020$63.65€57.34
December 2019$67.31€60.57
November 2019$63.21€57.20
October 2019$59.71€54.02
September 2019$62.83€57.10
< 2019 2021 >
Europe Brent Spot Price FOB evolution 2020