Brent crude oil
Brent crude oil decreased to 105.93 USD/BBL in July from 113.52 USD/BBL in June of 2014. Brent crude oil averaged 41.22 from 1982 until 2014, reaching an all time high of 145.61 in July of 2008 and a record low of 8.75 in July of 1986.
||1982 - 2014
The ICE Brent Crude futures contract is a deliverable contract based on EFP delivery with an option to cash settle. Brent Crude is sourced from the North Sea. The name 'Brent' comes from the naming policy of Shell Oil , which originally named all of its fields after birds (in this case the Brent Goose). Oil production from Europe, Africa and the Middle East flowing West tends to be priced relative to this oil, i.e. it forms a benchmark. However, large parts of Europe now receive their oil from the former Soviet Union especially through Russia. This page provides - Brent crude oil - actual values, historical data, forecast, chart, statistics, economic calendar and news.