Brent Spot Oil

Brent Spot Oil

Brent Spot Oil Trading Chart
103,311 USD -1,17775 -1,14%
Swap Short -31,67 Points
Swap Long +7,35 Points

You can compare it with Brent Spot Oil.

USOIL USOIL (WTI) Spot Oil
94,563 +0,55%
Previous Close 104,5
Open 103,989
Daily Range 101,958 – 104,077
52 Week Range 58,525 – 114,087
1 Month Change +0,94%
1 Year Change +69,71%

Volatility

Track market volatility and price fluctuations over time.

Market Hours

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Monday 0:00 - 23:59
Tuesday 0:00 - 23:59
Wednesday 0:00 - 23:59
Thursday Open 0:00 - 23:59
Friday 0:00 - 23:59
Saturday Closed

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About Brent Spot Oil

UK Oil, commonly known as Brent Crude, is one of the world's major oil benchmarks, used to price roughly two-thirds of internationally traded crude oil. It represents oil sourced from fields in the North Sea and serves as a key reference point for global energy markets.

Brent Crude prices are influenced by OPEC+ production decisions, global supply and demand balances, geopolitical developments in oil-producing regions, and broader economic growth expectations that affect energy consumption. As an internationally traded benchmark, Brent tends to be particularly sensitive to global supply disruptions.

Traders watch OPEC+ meetings, inventory data and geopolitical news closely, since Brent Crude often reacts quickly to developments that could affect global oil supply.

Pairmetric offers UK Oil (Brent Crude) as a CFD on MetaTrader 5, giving traders access to one of the world's most closely watched energy benchmarks. You can open a position directly from your Pairmetric account, with live pricing available on this page.

Brent Spot Oil FAQs

Brent Crude is a major global oil benchmark sourced from North Sea fields, used as a reference price for a large share of the world's internationally traded crude oil.

OPEC+ production quotas and policy decisions directly influence global oil supply, and changes to these quotas are among the most closely watched drivers of Brent Crude prices.

Brent is sourced from North Sea fields and serves as the main international benchmark, while WTI (US Oil) is sourced domestically in the US - the two can trade at different prices depending on regional supply and transport factors.

Log in to your Pairmetric MetaTrader 5 account, search for UK Oil in Market Watch, and place a buy or sell order.

Yes - Pairmetric offers both Brent Crude (UK Oil) and WTI (US Oil), so you can trade whichever benchmark best fits your market view.

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