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Brent crude oil price today
Energy · USD per barrel · BZ=F futures.
Brent is at 95.93 USD per barrel, up 0.11% on the day (as of 13 Nov 2026, 18:18 UTC).
Price over the latest trading session.
About brent crude oil
Brent is the North Sea crude benchmark that prices roughly two thirds of the world's internationally traded oil. Because most of its buyers and sellers sit on sea routes, it reacts first to anything that threatens tankers: Gulf tensions, Red Sea attacks, sanctions on exporters and OPEC+ supply decisions.
What moves the price
- OPEC+ supply policy: Production quotas set by Saudi Arabia, Russia and their partners decide how much spare capacity the market has.
- Middle East shipping risk: Threats to the Strait of Hormuz or Bab el-Mandeb add a risk premium within hours.
- Sanctions on exporters: Measures against Russian or Iranian barrels change who can buy, and at what discount.
Related
Shipping chokepoints: Strait of Hormuz, Bab el-Mandeb, Suez Canal.
Country risk: Saudi Arabia, Russia, Iran, Iraq, United Arab Emirates.
Other energy: WTI crude oil, Natural gas (Henry Hub).
FAQ
What is the Brent price today?
Brent is at 95.93 USD per barrel, up 0.11% on the day (as of 13 Nov 2026, 18:18 UTC).
What is the difference between Brent and WTI?
Brent is a seaborne crude from the North Sea and sets the price for most oil traded between countries. WTI is a US inland crude delivered at Cushing, Oklahoma. Brent usually trades a few dollars above WTI because it is easier to ship worldwide.
Why does Brent rise when there is trouble in the Middle East?
Much of the world's seaborne crude leaves the Persian Gulf through the Strait of Hormuz and passes the Red Sea. Any threat to those routes raises the cost and risk of moving oil, and traders price that in straight away.