London brent crude

It has expiry dates in all 12 months of the year. Crude oil as a commodity, its futures are the world's most actively traded commodity. There are large numbers of factors influencing the crude oil prices and the prices of Brent crude oil futures, such as global macroeconomic conditions, political, war, market speculation, production costs, supply and demand, the value of U.

Dollar and so on. In December the global demand for crude oil was On an international level there are a number of different types of crude oil, each of which have different properties and prices. For the purposes of trading on futures exchanges in London or New York, however, reference oils are used. These are standardized products used to determine the prices for all other types. Oil Brent Commodity Add to watchlist Trade Oil Now.

News Business Insider 9h. Business Insider 4d. Oil Price 10h. Oil Price 11h. Oil Price 12h. Historical Prices Feb. Brent crude oil is expected to trade at Looking forward, we estimate it to trade at Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Features Questions? Contact us Already a Member? It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Click here to contact us. Please Paste this Code in your Website. Brent crude oil. Brent Crude oil is a major benchmark price for purchases of oil worldwide.

While Brent Crude oil is sourced from the North Sea the oil production coming from Europe, Africa and the Middle East flowing West tends to be priced relative to this oil. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions.