- End-of-day price, not real-time Daily (published weekly)
- Source: U.S. Energy Information Administration (EIA) — EIA daily spot price, Europe Brent, FOB
- EIA release: Sep 30, 2026 (next: Oct 7, 2026)
- Last updated on this site: Oct 4, 2026, 11:17 AM CEST
Chart shows daily spot prices (end-of-day).
Statistics
- All-time high
- $143.95
- Jul 3, 2008
- All-time low
- $9.10
- Dec 10, 1998
- 52-week high
- $138.21
- Apr 7, 2026
- 52-week low
- $59.93
- Dec 16, 2025
- History since
- May 20, 1987
Based on daily spot prices in USD per barrel.
Latest Brent Crude Oil price per unit and currency
| Unit | USD | EUR | SEK |
|---|---|---|---|
| Barrel | $113.96 | €100.36 | SEK 1,136 |
| US gallon | $2.71 | €2.39 | SEK 27.05 |
| Litre | $0.72 | €0.63 | SEK 7.15 |
End-of-day price, not real-time for Sep 29, 2026. EUR and SEK values converted with ECB euro reference rates (rate for that date or the last earlier one). Unit values are exact conversions (1 barrel = 42 US gallons = 158.987 litres).
Brent Crude Oil price history: key moments
The EIA Brent spot series starts on May 20, 1987 at $18.63 per barrel.
Its lowest value before 2000 was $9.10 on Dec 10, 1998.
In 2008 the price peaked at $143.95 on Jul 3, 2008, then fell to $33.73 by Dec 26, 2008 (-76.57% in about 6 months) as the global financial crisis cut demand.
During the COVID-19 demand collapse the price fell to $9.12 on Apr 21, 2020, its lowest level since 1998.
After Russia's invasion of Ukraine in February 2022 it reached $133.18 on Mar 8, 2022.
The highest value in the series is $143.95 (Jul 3, 2008). The latest published value is $113.96 for Sep 29, 2026.
Figures in this section are computed from the data shown on this page (End-of-day price, not real-time, USD).
Price change over time
| Period | From | To | Change | Per year |
|---|---|---|---|---|
| 1Y | $69.00 Sep 29, 2025 | $113.96 Sep 29, 2026 | +65.16% | — |
| 5Y | $77.86 Sep 29, 2021 | $113.96 Sep 29, 2026 | +46.37% | +7.92% |
| 10Y | $48.43 Sep 29, 2016 | $113.96 Sep 29, 2026 | +135.31% | +8.94% |
| 20Y | $59.09 Sep 29, 2006 | $113.96 Sep 29, 2026 | +92.86% | +3.34% |
| Since May 20, 1987 | $18.63 May 20, 1987 | $113.96 Sep 29, 2026 | +511.70% | +4.71% |
Each change is measured from the last observation on or before the same calendar date 1, 5, 10 or 20 years earlier. "Per year" is the compound annual growth rate. Periods longer than the available history are left out.
Decade by decade
| Decade | Start | End | Change |
|---|---|---|---|
| 1980s | $18.63 | $21.05 | +12.99% |
| 1990s | $21.05 | $24.93 | +18.43% |
| 2000s | $24.93 | $77.91 | +212.52% |
| 2010s | $77.91 | $67.77 | -13.02% |
| 2020s (partial) | $67.77 | $113.96 | +68.16% |
Start = last value of the previous decade (or the first available value). Partial decades are marked.
Annual price history
| Year | Average | Last | Year change |
|---|---|---|---|
| 2026 (partial) | $93.03 | $113.96 | +85.75% |
| 2025 | $69.14 | $61.35 | -17.74% |
| 2024 | $80.52 | $74.58 | -4.00% |
| 2023 | $82.49 | $77.69 | -6.19% |
| 2022 | $100.93 | $82.82 | +7.22% |
| 2021 | $70.86 | $77.24 | +50.80% |
| 2020 | $41.96 | $51.22 | -24.42% |
| 2019 | $64.30 | $67.77 | +34.01% |
| 2018 | $71.34 | $50.57 | -24.22% |
| 2017 | $54.12 | $66.73 | +21.42% |
| 2016 | $43.64 | $54.96 | +50.12% |
| 2015 | $52.32 | $36.61 | -33.76% |
| 2014 | $99.02 | $55.27 | -49.73% |
| 2013 | $108.56 | $109.95 | -0.77% |
| 2012 | $111.57 | $110.80 | +2.51% |
| 2011 | $111.26 | $108.09 | +15.94% |
| 2010 | $79.61 | $93.23 | +19.66% |
| 2009 | $61.74 | $77.91 | +117.50% |
| 2008 | $96.94 | $35.82 | -61.76% |
| 2007 | $72.61 | $93.68 | +58.89% |
| 2006 | $65.25 | $58.96 | +1.06% |
| 2005 | $54.90 | $58.34 | +44.48% |
| 2004 | $38.78 | $40.38 | +33.27% |
| 2003 | $29.00 | $30.30 | -5.37% |
| 2002 | $25.14 | $32.02 | +65.48% |
| 2001 | $24.51 | $19.35 | -13.19% |
| 2000 | $28.76 | $22.29 | -10.59% |
| 1999 | $18.15 | $24.93 | +136.53% |
| 1998 | $12.73 | $10.54 | -34.17% |
| 1997 | $19.24 | $16.01 | -33.01% |
| 1996 | $20.87 | $23.90 | +28.15% |
| 1995 | $17.04 | $18.65 | +19.17% |
| 1994 | $15.82 | $15.65 | +18.74% |
| 1993 | $17.22 | $13.18 | -26.16% |
| 1992 | $19.31 | $17.85 | +0.56% |
| 1991 | $20.03 | $17.75 | -37.39% |
| 1990 | $23.78 | $28.35 | +34.68% |
| 1989 | $18.21 | $21.05 | +29.70% |
| 1988 | $14.89 | $16.23 | -7.78% |
| 1987 | $18.55 | $17.60 | — |
About this price
Brent is the international crude oil benchmark used to price most of the world's traded oil. This page shows the EIA daily Europe Brent spot price (free on board) in US dollars per barrel, from May 1987. It is a spot assessment, not the ICE Brent futures price, and EIA publishes it once a week.
Brent usually trades at a premium to WTI because it is waterborne and easier to ship to global buyers; the spread between the two widens and narrows with US pipeline capacity, exports and regional supply.
Data notes
EIA daily spot prices (public domain; sourced by EIA from Thomson Reuters/LSEG). Litre and US-gallon values are exact conversions.
Source: U.S. Energy Information Administration. U.S. government data in the public domain (eia.gov/about/copyrights_reuse.php). EIA notes its spot prices are sourced from Thomson Reuters/LSEG.