Brent Crude Oil news & analysis
Brent crude is the leading global benchmark for oil prices, quoted in US dollars per barrel.
The reading
The news
Moderate bullish impulse
Priced in
Partly priced in
What follows
The move still has room
Reading as of . Research context, not investment advice. It never tells you what to trade.
How a reading is madeWhy is Brent up or down today?
Brent crude rose above $106 per barrel for the first time since September 29 as Middle East supply risks intensified. Prices jumped about 2% following attacks in Saudi Arabia, including reported booms near Aramco's headquarters in Dhahran, which overshadowed a Russian diesel deal, while OPEC pointed to a demand rebound. Prices later retreated as comments from Trump eased concerns around Iranian supply.
Updated
Latest news
Wednesday, October 14
Tuesday, October 13
Upcoming economic events
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 14 | ||
| CPI y/y | 1.0% | CNY |
| PPI y/y | 4.4% | CNY |
| Trade Balance | 790B | CNY |
| USD-Denominated Trade Balance | 116.8B | CNY |
| BOC Gov Macklem Speaks | CAD | |
| M2 Money Supply y/y | 7.4% | CNY |
| New Loans | 1025B | CNY |
| FOMC Member Bowman Speaks | USD | |
Day by day
81 days on record since July 22, 2026. Each column is one day: the bar is its headlines, the mark is the reading at its close.
Recent days
- Tue, Oct 13Neutral13 headlines. Brent traded near and above $106 per barrel, its first move above that level since September 29, as Middle East supply risks intensified.
- Mon, Oct 12Neutral21 headlines. Brent crude climbed above $106 per barrel on ICE, the first time above that level since September 29, rising about 2% after attacks in Saudi Arabia and elsewhere in the Middle East spread and escalated.
- Sun, Oct 11Bearish19 headlines. Brent is being shaped by escalating attacks around the Strait of Hormuz, including a supertanker hitting a mine, warnings over vessel transits, and reports of a spreading tanker conflict that have stoked supply fears.
- Sat, Oct 10Bullish16 headlines. Brent is holding above $100 as tensions around Iran and attacks on shipping in the Persian Gulf and Strait of Hormuz, including a supertanker hitting a mine and a second ship struck in three days, have pushed tanker traffic to a two-month low.
- Fri, Oct 9Neutral11 headlines. Brent crude topped $104 per barrel and snapped back above $105, with headlines reporting daily gains of around 2% to 5%.
Frequently asked questions
- What is Brent crude?
- Brent is the leading global benchmark for crude-oil pricing, based on oil from the North Sea and quoted in US dollars per barrel.
- What moves Brent crude prices?
- Brent is driven mainly by global supply and demand, OPEC+ production decisions, geopolitical risk in producing regions, inventory data, and the US dollar.
- What is the difference between Brent and WTI?
- Brent is the international benchmark (North Sea oil); WTI is the main US benchmark. The two usually trade at a small price spread reflecting quality and transport differences.
Not investment advice. For informational purposes only.