Brent Oil (BCO) Price Today, Forecasts & News

Brent Oil
BCO
Open
82.576
-3.854 (-4.46%)
in:USD•As of: Nov 28, 2022 03:50 UTC
Prev. Close
86.43
High
88.256
Low
82.294

Stats

Prev. Close

86.43

High

88.256

Low

82.294

Ask

82.611

Bid

82.541

Spread

0.0700

Price Drivers

Positive

Euro Area GDP Annual Growth Rate

United States Interest Rate

Value:2.10%

Strong Euro Area GDP Growth is bullish for Brent oil as demand for oil grows together with the economy.

Negative

EUR/USD

S&P Industrial Sector

Value:$1.03535

Weaker EUR/USD is bearish for Brent oil as Brent oil is quoted in U.S. dollars

Don't miss a thing!

Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Economic CalendarAll Events

Time zone: GMT

Friday, November 25th 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
11:00	EUR	Unemployment Benefit ClaimsOct	Medium	-30.7K	-4K	-60K

Sunday, November 27th 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
04:10	JPY	BOJ Amamiya Speech	Medium
23:00	AUD	RBA Gov Lowe Speech	Medium

Monday, November 28th 2022
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	AUD	Retail Sales MoM PrelOct	Medium	-0.2%	0.5%	0.6%
11:30	BRL	BCB Focus Market Readout	Medium
13:30	CAD	Current AccountQ3	Medium		C$2.1B	C$2.69B
14:00	EUR	ECB President Lagarde Speech	Medium

Latest News

FXEmpireNov 25, 2022

Russian Oil May Be Selling At A Major Discount Ahead Of Price Cap

Brent Oil-4.46%

WTI Oil-4.95%

FXEmpireNov 25, 2022

Crude Oil Weekly Price Forecast – Crude Oil Markets Test Major Support

Brent Oil-4.46%

WTI Oil-4.95%

FXEmpireNov 25, 2022

Crude Oil Forecast – Crude Oil Gives Up Early Gains In Thin Trading

Brent Oil-4.46%

WTI Oil-4.95%

FXEmpireNov 25, 2022

Oil Price Fundamental Daily Forecast – Sluggish Trade as China Demand, EU Russian Oil Embargo Worries Weigh

Brent Oil-4.46%

WTI Oil-4.95%

FXEmpireNov 24, 2022

Russian Oil Price Cap Negotiations Are Postponed

Brent Oil-4.46%

WTI Oil-4.95%

FXEmpireNov 24, 2022

Crude Oil Price Forecast – Crude Oil Markets Drift Lower in Thin Trading

Brent Oil-4.46%

WTI Oil-4.95%

Read All

Commodities

Brent Oil

Positive

Negative

Russian Oil May Be Selling At A Major Discount Ahead Of Price Cap

Crude Oil Weekly Price Forecast – Crude Oil Markets Test Major Support

Crude Oil Forecast – Crude Oil Gives Up Early Gains In Thin Trading

Oil Price Fundamental Daily Forecast – Sluggish Trade as China Demand, EU Russian Oil Embargo Worries Weigh

Russian Oil Price Cap Negotiations Are Postponed

Crude Oil Price Forecast – Crude Oil Markets Drift Lower in Thin Trading

Trade With A Regulated Broker