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Oil Price Today

Live Brent crude price with market insights

Stay informed with the latest Brent crude price. Below is the live Brent oil chart, along with market analysis and the main forces influencing oil today.

Brent Oil Price

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Market Context

What's moving Oil today

Brent is trading around $87 to $88 per barrel, up more than 3% after Monday’s sharp decline toward the low $80s. Fresh Middle East attacks, intercepted Iranian missiles and continued uncertainty around the Strait of Hormuz have rebuilt part of the supply premium. Watch whether the escalation continues or another diplomatic pause brings Brent back toward this week’s lows. [SUPPLY] [GEOPOLITICS] [INFLATION]

Context updated by the IntelliTrade desk. Educational market commentary, not investment advice.

Price Chart

Live chart view

What Moves Oil

Market relationships

US Dollar Index (DXY)

A softer dollar can support Brent prices.

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OPEC+ / Supply expectations

Policy and output guidance can reprice supply risk.

Inventories

Stockpile trends influence near-term balance.

Risk / Geopolitics

Geopolitical events can add risk premium quickly.

FAQ

Oil price questions

Brent crude is a widely used benchmark for pricing global oil. It's especially important for Europe, Africa, and much of Asia, and is commonly referenced in news headlines and institutional pricing models.
Brent prices are influenced by supply and demand expectations, OPEC+ policy, geopolitical risk and shipping disruptions, inventory data, refinery demand, global growth expectations, and the US dollar. Because oil is a globally transported commodity, changes in logistics and risk premia can matter as much as pure consumption trends.
Different platforms may show different instruments. Some display a Brent futures contract, others show a CFD or a spot reference, and prices can vary by contract month (front-month vs next-month) and how rollovers are handled. Broker quotes also include spreads, which can widen during volatility or outside peak liquidity.
Brent and WTI (West Texas Intermediate) are the two most-quoted oil benchmarks. Brent prices seaborne crude from the North Sea and anchors pricing for Europe, Africa and Asia; WTI is the US benchmark, delivered inland at Cushing, Oklahoma. They usually track each other closely, with a spread that reflects transport costs, regional supply-demand differences and export logistics. When a headline says 'oil', European coverage usually means Brent and US coverage often means WTI.
Oil is a major input cost and a major export revenue, so sustained price moves redistribute income between countries. Currencies of large exporters (the Canadian dollar and Norwegian krone are the classic examples) tend to firm when oil rallies, while heavy importers such as Japan and India face pressure on their trade balances. Oil also feeds directly into inflation expectations, which shapes central-bank policy and, through it, exchange rates.
Oil trades on expectations, and a large share of physical supply moves through a small number of chokepoints; the Strait of Hormuz alone carries roughly a fifth of global oil flows. Events that raise the probability of future disruption (conflict near a chokepoint, sanctions threats, attacks on infrastructure) add a risk premium to the price immediately, before any barrel is actually lost. That premium can fade just as quickly if the threat de-escalates.

Methodology

How oil prices are calculated

The Brent crude chart on this page is sourced from TradingView and reflects the front-month Brent futures contract. A live numeric price feed for oil is not currently available on this page; use the chart above for current price tracking.

Since Brent can be represented via different instruments (spot references, futures, or broker quotes) and contract timing, small differences versus other platforms can occur due to spreads, refresh rates, and contract selection. This page is designed for market tracking, not as an exact tradable quote.

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Educational disclaimer

Educational content only. The prices, charts, and commentary on this page are general market information for educational purposes. They are not investment advice, trading signals, or a recommendation to buy or sell any instrument. Market data can be delayed and can differ between providers. Always do your own research and consider your own situation before making trading decisions.

The price is one input. Context is the rest.

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