Brent crude oil price
Is oil expensive right now, by its own standards?
Very high 97.06th percentile of the last five years
A high reading means crude is expensive relative to its own recent range — which raises costs for every importer, and for India, whose crude import dependence hit a record 88.7% in 2025-26, feeds directly into fuel prices and the trade deficit.
Reading for — 2 days ago.
Data last updated . Checked four times daily.
Brent crude oil price since 1987
USD per barrel. 9117 observations. Record high 143.95 on 3 July 2008.
Reading the bands
Each band is a percentile rank against this series' own trailing five years, computed using only data available at the time. A reading of 97.06 means the value has been lower than this on 97.06% of days in that window. The bands describe position, not direction — see above for what a high reading means here.
What each band means five bands, by percentile
| Band | Percentile | Meaning |
|---|---|---|
| Very high | 80–100 | Higher than it has been on four days in five over the past five years. |
| High | 60–80 | Above its own recent range, though not at an extreme. |
| Typical | 40–60 | Around the middle of its own five-year range. |
| Low | 20–40 | Below its own recent range. |
| Very low | 0–20 | Lower than it has been on four days in five over the past five years. |
Year by year
Year by year average, high and low for the last 15 years
| Year | Average | High | Low |
|---|---|---|---|
| 2026 | 96.04 | 138.21 | 61.08 |
| 2025 | 69.14 | 83.48 | 59.93 |
| 2024 | 80.52 | 93.12 | 70.31 |
| 2023 | 82.49 | 97.1 | 71.03 |
| 2022 | 100.93 | 133.18 | 76.02 |
| 2021 | 70.86 | 85.76 | 50.37 |
| 2020 | 41.96 | 70.25 | 9.12 |
| 2019 | 64.3 | 74.94 | 53.23 |
| 2018 | 71.33 | 86.07 | 50.57 |
| 2017 | 54.12 | 66.8 | 43.98 |
| 2016 | 43.64 | 54.97 | 26.01 |
| 2015 | 52.32 | 66.33 | 35.26 |
| 2014 | 99.02 | 115.19 | 55.27 |
| 2013 | 108.56 | 118.9 | 96.84 |
| 2012 | 111.57 | 128.14 | 88.69 |
Full history from May 1987 in the CSV.
Sources · every one re-fetchable
The CSV link is the exact endpoint the pipeline calls, so any reading ever published here can be reproduced.
Sources publisher, series and fetch link
| Series | Publisher | Role | Observed | Fetch |
|---|---|---|---|---|
| Brent crude oil price DCOILBRENTEU · USD per barrel | U.S. Energy Information Administration via FRED | history | CSV |
Why rank the price instead of quoting it
A barrel of Brent has traded under $10 and over $140 in the life of this series. Against that, “oil is at $87” carries almost no information — it is only useful next to the range the market has recently been in.
Ranking each reading against its own trailing five years answers the question people are actually asking. A percentile of 70 means crude has been cheaper than this on 70% of days in that window. The comparison moves with the era, so a 2015 price is judged against 2010–2015 and a 2026 price against 2021–2026.
Every rank uses only observations dated on or before the day being ranked. Nothing is scored with knowledge of its own future — the same rule the stress index methodology sets out, and the reason the first year of the series carries no percentile at all.
What this page is not
It is not a live quote. The EIA publishes this series through FRED with a lag of roughly a week, and the date of the most recent observation is stated at the top of the page. For a trading screen, use a trading screen.
Where the number comes from
One series, published by the U.S. Energy Information Administration and distributed through FRED, listed in full in the sources section below with a link to the raw CSV. There is no proprietary adjustment, no smoothing and no model — the value shown is the value published.
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In our analysis
- Without computers, chips and fuel, US import prices rose 3.9%
- The rupee gained 1.8% in a week. It is still weak
- Euro-area inflation is 3.8%. Without energy, it is 2.3%
- A Stress Index of 80 is higher than any day of 2010–2019
- The rupee fell through a rate rise, then rose 1.4% in two fixings
- Brent rose 10% in a week. In rupees it set a record
- Brent rose 23% in a month. The Hormuz counts point both ways
- The index went calm the week oil went violent
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