What moves its price?

Brent's price moves on OPEC+ production decisions, global energy demand (especially from Europe and Asia, its most direct reference markets), inventories and geopolitical events in producing regions across the Middle East and Africa, and the overall global supply-demand balance.

It's traded mainly through CFDs with a regulated broker, ETFs like BNO, or futures — the traditional instrument of the oil market. It's one of the assets on this site most sensitive to real-time geopolitical headlines.

Brent Crude Oil

Commodities · BRENT

$61.01

+3.8%Change · Last 24h

52-week range

$27.14$72.50

Today's range

$59.17$61.12

Volume

1.8M

Avg. volume

2.5M

Today's open

$59.34

Previous close

$58.75

Tracked via

BNO

MarketClosed now

Converter

BRENT

⇅

USD

Price updated at 06:20 PM · refreshes every hour

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Methodology Symbol on TradingView

Market closed · November 12

Commodities — Brent Crude Oil

+3.8%Partly cloudy

No clear direction — the price is moving sideways.

Change: +3.8% · Realized volatility: 3.2% (2.1× typical)

Last 24h path

+2.97%

+2.56%

+2.96%

+2.56%

+2.34%

+2.53%

+2.23%

+3.16%

Now+3.85%

This chart shows the real market price (via TradingView). It may differ from the value shown in "The Weather," which tracks BNO as a proxy.

Market radar

A quick read of the instrument's current state, using data and calculations the rest of the site already relies on — not a multi-year valuation model.

Position in 52-week range

74.7%

Min · $27.14Max · $72.50

Volatility vs. typical

2.1×

LowHigh

Normalized momentum

+2.6

BearishBullish

Price channel · 52 weeks

PriceNear the lowNear the high

Real price line (weekly candles) within the real 52-week range.

Volume vs. price — does the move have backing?

Current position

Classic trading read: a price move with above-average volume is more likely to hold; with low volume, it tends to be more fragile.

How big is today's move?

52-week rangeToday's range

4.3%

Today's range is 4.3% of the full 52-week range.

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About

Brent is the world's main crude oil price benchmark, extracted from the North Sea. It's used to price roughly two-thirds of internationally traded oil, and is distinct from WTI (the US benchmark) even though both tend to move in the same direction.

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