Brent crude oil price
Latest reading: 107 $/bbl (May 2026)
- 1-month change
- -8.7%
- 3-month change
- +51.1%
- 12-month change
- +66.2%
- Source
- FRED DCOILBRENTEU
Price history
Observations
| Date | Value ($/bbl) |
|---|---|
| May 1, 2026 | 107.14 |
| Apr 1, 2026 | 117.29 |
| Mar 1, 2026 | 103.13 |
| Feb 1, 2026 | 70.89 |
| Jan 1, 2026 | 66.60 |
| Dec 1, 2025 | 62.54 |
| Nov 1, 2025 | 63.80 |
| Oct 1, 2025 | 64.54 |
| Sep 1, 2025 | 67.99 |
| Aug 1, 2025 | 67.87 |
| Jul 1, 2025 | 71.04 |
| Jun 1, 2025 | 71.44 |
What the data shows
As of May 2026, brent crude oil price stands at 107 $/bbl (FRED: DCOILBRENTEU). That is +66.2% versus May 2025 (64.45 $/bbl), a sharply higher trajectory over the past year. Over the last three months the series has moved +51.1% and sharply higher; month-on-month it is -8.7% and notably lower. The trailing twelve-month range runs from 62.54 $/bbl to 117 $/bbl. Procurement teams tracking global energy exposure should treat this series as a high-frequency benchmark when repricing contracts, modelling cost-pass-through, or reviewing supplier indexation clauses.
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