BRENTBrent Crude Oil
Brent Crude Oil (BRENT) is a ICE-listed commodity covered by Valdrans. Last close $87.760, -4.32% on the day; -1.53% over 1 week, +19.32% over 4 weeks, +28.30% over 6 months (prices as of 27 Jul 2026).
- Last close (27 Jul 2026)
- $87.760
- Today
- -4.32%
- 1 week
- -1.53%
- 4 weeks
- +19.32%
- 6 months
- +28.30%
Coverage of BRENT(20)
Crude falls further as Goldman cuts Q4 forecast to $80 and Iran talks resume next week
A busy European session dominated by oil price weakness on US-Iran de-escalation, a sharp drop in Rheinmetall shares, and stabilising equity futures ahead of Micron earnings.
Kospi rebounds after 10% rout; UK PM Starmer resigns, Burnham tipped as successor
A busy overnight session dominated by tech selloff aftershocks, a dramatic UK political development, and acute oil freight disruption in the Persian Gulf.
NESO declares UK electricity supplies secure amid Iran conflict disruptions
NESO's head of resilience stated on 23 June 2026 that UK domestic electricity supplies would remain secure over winter, citing resilience against Iran conflict and Strait of Hormuz disruptions. No market price movements were reported in response.
Rystad flags structural drop in China crude imports amid EV shift
Rystad Energy characterised a reduction in China's crude oil import demand as structural rather than cyclical, citing accelerating EV adoption; Bloomberg Markets reported Iran-related conflict had compounded pressure on Chinese import volumes.
Global tech selloff deepens as Hormuz reopens and Iran deal details remain contested
A volatile European session dominated by a sharp global technology selloff, conflicting US-Iran nuclear signals, and a UK political leadership change.
Iran sanctions waiver granted; Brent slides to $77.51 as peace talks progress
A moderately active overnight session dominated by US-Iran diplomacy, oil price declines, and deteriorating Hong Kong equity sentiment.
US-Iran nuclear roadmap agreed; crude oil prices fell on sanctions waiver
Crude oil prices fell after the US waived Iran oil sanctions for 60 days and a Strait of Hormuz access agreement was announced; WTI and Brent were the benchmark contracts specifically referenced in coverage of the price decline.
Pound rises despite Starmer exit as Iran talks advance and oil slips
A busy European session driven by UK political upheaval, US-Iran nuclear talk progress, and energy market volatility ahead of the US cash open.
US-Iran roadmap agreed; Qatar Ras Laffan explosion disrupts LNG flows
An active overnight session dominated by Middle East diplomacy, a Qatar LNG facility explosion, and fresh China-US trade restrictions on rare earths.
US-Iran MOU signed; Strait of Hormuz reopens then faces fresh closure dispute
A geopolitically intense week dominated by the US-Iran ceasefire deal, a Bank of Japan rate rise, and late-week Hormuz closure claims that partially reversed the initial oil selloff.
Moscow fuel rationing begins after Ukrainian drone strikes hit Gazprom Neft refineries
Moscow fuel rationing was reported after sustained Ukrainian drone strikes degraded Russian refining capacity over several months; Brent crude, WTI, Gazprom Neft, and Lukoil were named in coverage connected to the infrastructure damage.
Israel-Hezbollah ceasefire declared 19 June 2026; oil prices and gold fell
A ceasefire between Israel and Hezbollah took effect at 4 pm local time on 19 June 2026, per US officials and Hezbollah sources. WTI crude was reported at $77.54, gold fell $49 to $4,160, and S&P 500 futures were down 0.2% at the time of reporting.
US-Iran interim peace deal signed; Strait of Hormuz reopens as crude falls 8.7%
A week dominated by US-Iran diplomacy: crude prices fell sharply on deal optimism, equities rallied, and the Bank of Japan raised rates to a 31-year high.
WTI falls 8.73% as US-Iran deal removes geopolitical risk premium
A session dominated by crude oil's sharp decline following the US-Iran interim deal, with Hormuz shipping resuming cautiously and European FX consolidating on the US Juneteenth holiday.
US and Iran sign interim MOU; 80 million barrels queue for Hormuz transit
An active overnight session dominated by the US-Iran interim deal, Hormuz shipping resumption, dollar strength after a hawkish Fed, and a sharp fall in Indian IT shares following Accenture's guidance cut.
Trump signs Iran interim deal; Fed Chair Warsh signals hawkish inflation stance
A high-activity European session dominated by the US-Iran Strait of Hormuz deal and a hawkish Fed Chair debut, pulling oil lower and front-end Treasury yields sharply higher.
US blockades Iranian vessels, imposes 20% Hormuz fee; Brent rises 8%
Brent crude climbed above $82 per barrel and WTI rose past $77 per barrel, each gaining more than 8% on the session, after President Trump reinstated a blockade on Iranian vessels and announced a 20% transit fee on cargo passing through the Strait of Hormuz on 14 July 2026. Gold fell $95 following the announcement.
US-Iran MOU signed; WTI crude fell 8.73%, Brent dropped below $77
August WTI crude futures settled at $75.22, down $7.22 or 8.73%, and Brent crude fell below $77 per barrel following a reported US-Iran memorandum of understanding and Strait of Hormuz reopening; US-listed oil, gas, and shipping names featured in coverage.
Brent crude falls below $79 as US-Iran deal nears formal signing
European session dominated by the imminent US-Iran agreement, driving sharp oil declines, a 25bp ECB rate hike, and BMW profit warning; US futures higher ahead of inaugural Warsh FOMC decision.
US-Iran peace deal signed; Brent falls as Iranian oil supply returns
A session dominated by the formalisation of a US-Iran peace agreement, driving oil lower, lifting Japanese trade data, and prompting repositioning across shipping and currency markets.