Crude Oil Brent US Dollars per Barrel

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Brent price on May31th 2022

In May of 2022, price of Brent crude was $113.34 per barrel, while the price was $104.58 dollars per barrel in April of 2022. Over last twelve months the price has raisen 65.39%.

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 $
2022-05-31$125.53
2022-05-30$123.01
2022-05-27$121.19
2022-05-26$119.81
2022-05-25$116.41
2022-05-24$115.77
2022-05-23$115.13
2022-05-20$113.63
2022-05-19$113.22
2022-05-18$110.04
2022-05-17$112.89
2022-05-16$114.86
2022-05-13$112.12
2022-05-12$108.06
2022-05-11$107.70
2022-05-10$102.61
2022-05-09$106.67
2022-05-06$113.86
2022-05-05$112.11
2022-05-04$110.53
2022-05-03$104.94
2022-05-02$108.36
2022-04-29$108.36
< 2022-04 2022-06 >
Europe Brent Spot Price FOB 2022
DatePrice $Price €
May 2022$113.34€107.14
April 2022$104.58€96.66
March 2022$117.25€106.41
February 2022$97.13€85.64
January 2022$86.51€76.46
December 2021$74.17€65.61
November 2021$81.05€71.01
October 2021$83.54€72.01
September 2021$74.49€63.29
August 2021$70.75€60.10
July 2021$75.17€63.58
June 2021$73.16€60.73
< 2021 2023 >
Europe Brent Spot Price FOB evolution 2022