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Brent Oil

Brent Oil EB

69.50 0.30%
High: 69.64 Low: 68.42

Brent Oil (EB) is an energy commodity used in various industries. Brent Oil is also a widely-used benchmark for Atlantic basin Crude Oil, and Brent prices are quoted in US dollars. Future-ICE

Traders' Sentiments

Info

Brent Oil (EB) is an energy commodity used in various industries. Brent Oil is also a widely-used benchmark for Atlantic basin Crude Oil, and Brent prices are quoted in US dollars. Future-ICE

Spread 0.04 Spread (%) 0.06%
Overnight funding - Buy -0.03378% Overnight funding - Sell -0.01005%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract November 2025
Automatic rollover

Related Instruments

Upcoming Events

EIA Weekly Petroleum Status Report
Actual:  Forecast:  Previous: 
EIA Crude Oil Stocks (Bbl)
Actual:  414.754M  Forecast:  Previous:  415.361M 
EIA Crude Oil Stocks, Net Chg (Bbl)
Actual:  -0.607M  Forecast:  -0.3M  Previous:  -9.285M 
EIA Gasoline Stocks (Bbl)
Actual:  216.569M  Forecast:  Previous:  217.65M 
EIA Gasoline Stocks, Net Chg (Bbl)
Actual:  -1.081M  Forecast:  -0.4M  Previous:  -2.347M 
Note: more events for the instrument are available on our Economic Calendar page.

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What is Brent Oil?

Brent crude oil (EB) is the energy commodity extracted from the North Sea and is considered as a benchmark price for oil purchases globally. Due to its low sulfur content, it's preferred for refining over gasoline and diesel. The Brent crude oil price can be influenced by global supply and demand dynamics, geopolitical events, currency movements, and production decisions. It serves as a key indicator of the health of the global economy.

Information to start with Brent Oil

  1. Info on what shifts the Brent Oil price
  2. Steps to open and verify a Plus500 account
  3. Plan a Brent Oil trading strategy

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Why Plus500?

Protected & secure

Your data is safe and your funds are kept in segregated bank accounts, in accordance with regulatory requirements.

Professional support

Get around-the-clock dedicated customer service in multiple languages.

Regulated

Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).

Reliable

Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange’s Main Market for Listed Companies.

Brent Oil FAQ

The current price of Brent Oil is 69.50*.

Today's price range is between 68.42 and 69.64*.

Brent Oil has changed by 0.30% today.

Brent Oil has 69% Buyers and 31% Sellers.

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