Brent Crude oil prices from 2014 to 2018 (in U.S. dollars per barrel)

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Price in U.S. dollars per barrel
201498.89
201552.32
201643.74
2017*52.43
2018*54.07

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This statistic displays the Brent Crude oil prices for 2014 to 2016, and provides forecast figures for 2017 and 2018. The price for Brent crude oil stood at an average of 43.74 U.S. dollars per barrel in 2016. Comparatively, the price of West Texas Intermediate crude oil hit a low of 30.32 U.S. dollars per barrel in February 2016. Brent is a crude oil benchmark named after the exploration side in the Brent oilfield in the North Sea. It is a light crude oil but slightly heavier than West Texas Intermediate.
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Release date
October 2017
Region
United States
Survey time period
2014 to 2017
Supplementary notes
* Forecast.

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