What price is Brent Crude today?
Oil Price Charts
| Futures & Indexes | Last | Last Updated |
|---|---|---|
| Brent Crude | 106.87 | (35 Minutes Delay) |
| Murban Crude | 106.49 | (40 Minutes Delay) |
| Natural Gas | 6.442 | (35 Minutes Delay) |
| Heating Oil | 3.777 | (35 Minutes Delay) |
Which countries use Brent crude?
Oil benchmarking and pricing As mentioned earlier in the article, Brent crude is the benchmark used for the wider light oil market – ie Europe, Africa and the Middle East, while WTI is the benchmark for the US light oil market. Other countries often use both Brent and WTI as benchmarks to value their crude oil.
How much is a barrel of Brent crude?
Unit conversion for Oil (Brent) Price Today
| Conversion | Oil (Brent) Price | Price |
|---|---|---|
| 1 Barrel = 42 Gallons | Oil (Brent) Price Per 1 Gallon | 2.54 USD |
| 1 Barrel ≈ 158,98 Liters | Oil (Brent) Price Per 1 Liter | 0.67 USD |
| 1 Barrel = 336 Pint | Oil (Brent) Price Per 1 Pint | 0.32 USD |
Who buys Brent crude oil?
ICE Brent Crude is a specific futures contract offered by Intercontinental Exchange (ICE). Each contract is worth 1,000 barrels of Brent crude oil. It is traded in U.S. dollars, and it trades on exchanges in New York, London, and Singapore.
Why is Brent crude more expensive than WTI?
Why is Brent crude more expensive than WTI? Simply put, the preference for Brent crude today stems from the fact that it may be a better indicator of global oil prices. Brent essentially draws its oil from more than a dozen oil fields located in the North Sea.
What is the difference between Brent and crude oil?
Brent crude oil Benchmark:- Crude oil extracted from the North Sea near Norway and the United Kingdom is sold at the Brent crude oil Benchmark.
What is the current price of Brent crude?
Brent Crude Oil: Latest price and chart. Free market updates. $67.44. 0.28 (0.42%) Day high
How much does Brent crude cost?
One barrel of crude contains 42 gallons. This will tell you the dollar amount per gallon of refined gasoline attributed to crude. For example, if crude oil is $100 per barrel, then about $2.38 of the price of a gallon of gas comes from the crude price.