Brent Crude Oil news & analysis

Why is Brent up or down today?

No major Brent developments in the recent news window. Check the economic calendar below for scheduled events.

Latest news

• Middle East live: Houthis launch deadly strike on port city of Mocha in Yemen
  www.france24.com · 7 hr. ago
• U.S. reaffirms grip on Hormuz blockade, turning away 55 ships as talks stall
  www.cnbc.com · 8 hr. ago
• Middle East crisis live: Hormuz will stay closed until US ‘accepts all our conditions’, say Iran’s Revolutionary Guards
  www.theguardian.com · yesterday
• Airlines Scramble for Jet Fuel as Hormuz Disruption Drags On
  oilprice.com · 2 days ago
• Oil Prices Climb and Stocks Dip on Stalemate in Iran War
  www.nytimes.com · 14 hr. ago
• U.A.E. Says Iran Attacked One of Its Ships in Hormuz
  www.wsj.com · 2 days ago
• Oil: Strait risk and cautious positioning – ING
  www.fxstreet.com · 20 min. ago
• Oil prices trim losses on delayed US-Iran deal; lack of US attacks keeps hopes alive
  investinglive.com · 3 hr. ago

Upcoming economic events

• 2026-08-12 — Building Permits m/m · forecast 1.0% · CAD
• 2026-08-12 — Crude Oil Inventories · USD
• 2026-08-13 — Foreign Direct Investment ytd/y · CNY
• 2026-08-13 — New Loans · forecast 350B · CNY
• 2026-08-13 — M2 Money Supply y/y · forecast 7.9% · CNY
• 2026-08-14 — Wholesale Sales m/m · forecast 2.7% · CAD
• 2026-08-14 — Manufacturing Sales m/m · forecast -0.1% · CAD
• 2026-08-17 — New Home Prices m/m · CNY

Related markets

• WTI Crude Oil
• Gold (XAU/USD)
• US Dollar Index (DXY)

Frequently asked questions

What is Brent crude?

Brent is the leading global benchmark for crude-oil pricing, based on oil from the North Sea and quoted in US dollars per barrel.

What moves Brent crude prices?

Brent is driven mainly by global supply and demand, OPEC+ production decisions, geopolitical risk in producing regions, inventory data, and the US dollar.

What is the difference between Brent and WTI?

Brent is the international benchmark (North Sea oil); WTI is the main US benchmark. The two usually trade at a small price spread reflecting quality and transport differences.

Why is Brent up or down today?

Brent's daily moves usually come from supply-and-demand news, OPEC+ signals, geopolitical headlines and inventory data. See the analysis at the top of this page for what is driving Brent right now.