Brent Oil (BCO) Price Today, Forecasts & News

Stats

Prev. Close

83.775

High

84.002

Low

83.642

Ask

83.924

Bid

83.784

Spread

0.1400

Price Drivers

Euro Area GDP Annual Growth Rate

United States Interest Rate

Value:0.40%

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

EUR/USD

S&P Industrial Sector

Value:$1.08569

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

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Economic CalendarAll Events

Time zone: GMT

Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
02:00	CNY	Unemployment RateApril	Medium	5%	5.2%	5.2%
02:00	CNY	Fixed Asset Investment (YTD) YoYApr	Medium	4.2%	4.6%	4.5%
02:00	CNY	Industrial Production YoYApr	High	6.7%	5.5%	4.5%
02:00	CNY	Retail Sales YoYApr	High	2.3%	3.8%	3.1%
05:30	EUR	Unemployment RateQ1	Medium		7.4%	7.5%
07:50	CNY	FDI (YTD) YoYApr	Medium		-25.0%	-26.1%
09:00	EUR	Inflation Rate YoY FinalApr	Medium		2.4%	2.4%