The latest price is 90.9 USD per barrel as of August 2026, an increase compared to the price of 83.4 USD per barrel in the previous month. The data series cover the period from January 1960 to August 2026 with an average price of 35.33 USD per barrel. The minimum price of 1.2 USD per barrel was recorded in January 1970 and the maximum of 133.9 USD per barrel was attained in July 2008.

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Definition: The price of the Brent oil benchmark in USD per barrel.
Measure: USD per barrel
Source: World Bank


All commodity indicators

Recent values Brent oil prices
2026  Aug 90.9
2026  Jul 83.4
2026  Jun 85.4
2026  May 107.5
2026  Apr 120.4
2026  Mar 103.7
2026  Feb 71.1
2026  Jan 66.8

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