Brent crude oil
BZWhy is Brent crude moving today?
Brent crude is up 1.87% at 96.86 as of 10:25 am ET, with the sharpest part of the rise between 5:45 pm and 6:05 pm ET, alongside a similar gain in WTI crude.
- WTI crude is up 1.78%, and the two usually trade as a pair, so today's moves fit that pattern.WTI crude oil →
- MacroInsight reported euro zone inflation at 4%, driven by energy, but it matched forecasts and does not clearly explain the oil move.Read the article →
- The S&P 500 is down 2.68%, which does not fit its usual same-direction link with Brent, and the dollar is little changed, up 0.03%.S&P 500 →
Brent crude is in the upper half of its 52-week range of 70.29 to 120.09, though it is down 8.43% over the past month.
Updated 10:31 am ET · Automatically generated from market data and MacroInsight reporting, then checked against our standards. How this works
Price
Key statistics Support & resistance →
- Previous close
- 95.08
- Day range
- 91.03 – 97.79
- 52-week range
- 70.29 – 120.09
- 1 week
- −14.74%
- 1 month
- −8.54%
- 3 months
- +1.04%
- Year to date
- +37.64%
- 1 year
- +37.64%
- 50-day average
- 106.36
- 200-day average
- 95.85
- Volatility (20d, ann.)
- 47%
- Typical daily move
- 1.9%
Analysis
Brent crude oil is at 96.75, up 1.8% today.
It is down 8.5% over the past month, up 37.6% so far this year and up 37.6% over 12 months.
It sits in the upper half of its 52-week range of 70.29 to 120.09, 19.4% below the high.
The price is above its 200-day average (95.85) and the 50-day average (106.36) is above the 200-day, a pattern usually read as an established uptrend.
Volatility over the past 20 sessions is 47% annualised, in line with the past year.
Generated automatically from price data, updated with every page load. Descriptive only; not investment advice.About
Brent is the international crude oil benchmark, priced here by the front-month ICE futures contract.