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What is the price of Brent (Europe) crude oil?

Interactive daily chart of Brent (Europe) crude oil prices over the last ten years. Values shown are daily closing prices. The current price of Brent crude oil as of July 31, 2023 is $85.22 per barrel.

What factors affected the Brent crude price history?

According to the Brent Crude Price History, we may Analysis what factors affected the Brent crude history price, and forecast the tendency of the future price. From the history charts, we can see that the price of Brent crude oil is never immutable. Like the price of gold, its price experiences wide price swings in times of shortage or oversupply.

What happened to oil prices in 2008?

In 2008, after the beginning of the longest U.S. recession since the Great Depression, the oil price continued to soar. In July 2008, the price of Brent crude for August delivery reached a record peak of $145.11/barrel. Afterward, the price of oil began to fall. By the end of December 2008, Brent crude oil had bottomed out at $33.73.

Why should you trade Brent crude oil on CME Globex?

Trade in the world's leading energy marketplace with our NYMEX Brent Crude Oil products. Benefit from capital efficiencies when spreading against global oil benchmarks including NYMEX WTI Crude Oil, Heating Oil and RBOB Gasoline. Listed spreads on CME Globex eliminate leg risk for inter-commodity spreads.

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