Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Stocks | Futures | Watchlist | More
or

Crude Oil Brent May '23 (CBK23)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/EU]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Crude Oil Brent Futures Market News and Commentary

Crude Ends Sharply Lower on a Strong Dollar and Weak Stocks

August WTI crude oil (CLQ24) on Friday closed down -2.69 (-3.25%), and Aug RBOB gasoline (RBQ24) closed down -6.60 (-2.62%).

Crude oil and gasoline prices on Friday closed sharply lower, with crude sliding to a 1-month low.  A stronger dollar on Friday undercut energy prices.  Losses in crude accelerated Friday after the S&P 500 dropped to a 2-1/2 week low, which undercut confidence in the economic outlook and energy demand.  

Friday's action by Japan's Cabinet Office to cut its Japan 2024 GDP projection to 0.9% from a previous estimate of 1.3% was bearish for energy demand and crude oil prices.

Crude has support from wildfires in Canada that threaten to curb Canadian crude production.  On Friday, Rystad Energy said 52 out-of-control wildfires in Alberta, Canada, threaten nearly 500,000 bpd of crude oil sands output and pipeline shipments to the US.

A decline in crude oil in floating storage is bullish for prices.  Monday's weekly data from Vortexa showed tha... Read more

Contract Specifications

See More
Contract
Brent Crude Oil
Contract Size
42,000 U.S. Gallons
Tick Size
1 cent per barrel ($10.00 per contract)
Trading Hours
8:00p.m. - 6:00p.m. (EST)
Exchange
ICE/EU
Point Value
$1,000
Margin/Maintenance
$6,765/6,150
First Notice Date
03/31/23
Expiration Date
03/31/23 (expired)

Seasonal Chart

Crude Oil Brent May '23
Average Price Chart for 5 Prior May Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

See More
Period Period Low Period High Performance
1-Month
70.12 +13.76%
on 03/20/23
86.75 -8.05%
on 03/07/23
-3.68 (-4.41%)
since 02/28/23
3-Month
70.12 +13.76%
on 03/20/23
88.78 -10.15%
on 01/23/23
-3.91 (-4.67%)
since 12/28/22
52-Week
70.12 +13.76%
on 03/20/23
106.03 -24.77%
on 06/09/22
-10.10 (-11.24%)
since 03/28/22

More Crude Oil Brent Quotes

All Futures Prices
Please wait...

Most Recent Stories

More News
Top 3 Must-Buy EV Stocks for July 2024

These standout companies remain strong as the EV market faces economic challenges and EU tariffs. Their production success, market rebounds, and tech edges make them the best EV stocks for July.

BYDDY : 62.7400 (+1.11%)
$SPX : 5,557.24 (+0.95%)
TSLA : 247.97 (+3.67%)
RIVN : 17.13 (+2.27%)
VWAGY : 12.1290 (+0.82%)
5 Small-Cap Energy Dividend Stocks to Grab While They're Cheap

Energy stocks are set for an upward trajectory due to secular tailwinds, and these 5 small-cap stocks can be your picks to ride this trend.

GS : 487.81 (+0.59%)
JPM : 210.62 (+0.40%)
CLQ24 : 79.99 (-0.17%)
TNK : 64.17 (+2.23%)
REPX : 29.42 (-1.28%)
NGQ24 : 2.232 (+4.89%)
STNG : 76.35 (+1.33%)
CRGY : 12.14 (+0.75%)
NOG : 41.02 (-0.73%)
No Bull | The Five Spot

5 | Change is coming in 2025 US biomass-based diesel imports are on track to exceed one billion gallons in 2024. Effective January 1, the government will no longer incentivize biofuel imports as the current...

Nat-Gas Prices Close Slightly Higher as US Weather Forecasts Shift Warmer

August Nymex natural gas (NGQ24 ) on Friday closed up by +0.003 (+0.14%). Aug nat-gas prices posted modest gains Friday as US weather forecasts turned hotter, which will boost nat-gas demand from electricity...

NGU24 : 2.260 (+4.39%)
Crude Ends Sharply Lower on a Strong Dollar and Weak Stocks

August WTI crude oil (CLQ24 ) on Friday closed down -2.69 (-3.25%), and Aug RBOB gasoline (RBQ24 ) closed down -6.60 (-2.62%). Crude oil and gasoline prices on Friday closed sharply lower, with crude sliding...

CLU24 : 78.38 (-0.33%)
RBU24 : 2.4052 (-0.37%)
Crude Pressured by Dollar Strength and Energy Demand Concerns

August WTI crude oil (CLQ24 ) today is down -0.64 (-0.77%), and Aug RBOB gasoline (RBQ24 ) is down -1.85 (-0.74%). Crude oil and gasoline prices today are moderately lower. A stronger dollar today has...

CLU24 : 78.38 (-0.33%)
RBU24 : 2.4052 (-0.37%)
1 Cheap Dividend King Working with Meta on AI Data Centers

Black Hills Corporation, a utility company with Dividend King status, has partnered with Meta to power a new data center in Wyoming, positioning itself for growth in the booming data center industry.

BKH : 58.08 (+0.69%)
META : 486.38 (+2.01%)
NGQ24 : 2.232 (+4.89%)
BLK : 842.25 (+1.39%)
STT : 84.73 (+0.28%)
Crude Posts Modest Losses on a Stronger Dollar and Weak Stocks

August WTI crude oil (CLQ24 ) on Thursday closed down -0.03 (-0.04%), and Aug RBOB gasoline (RBQ24 ) closed up +1.51 (+0.60%). Crude oil and gasoline prices Thursday gave up an early advance and settled...

CLU24 : 78.38 (-0.33%)
RBU24 : 2.4052 (-0.37%)
Nat-Gas Prices Finish Sharply Higher on a Bullish EIA Storage Report

August Nymex natural gas (NGQ24 ) on Thursday closed up by +0.090 (+4.42%). Aug nat-gas prices Thursday settled sharply higher after weekly EIA nat-gas inventories rose less than expected. The EIA reported...

NGU24 : 2.260 (+4.39%)
Where is the Energy Sector Heading in Q3 and Beyond?

After falling 21.85% in 2023, the energy sector of the commodities market posted its second consecutive quarterly gain in Q2 2024. While natural gas and ethanol led the sector higher in Q2, all energy...

CLQ24 : 79.99 (-0.17%)
QAQ24 : 86.41s (+0.02%)
RBQ24 : 2.4421 (-0.34%)
HOQ24 : 2.4260 (+0.29%)
NGQ24 : 2.232 (+4.89%)
LUQ24 : 107.80 (-0.78%)
XLE : 92.18 (-0.21%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 81.46
2nd Resistance Point 80.63
1st Resistance Point 80.20
Last Price 79.77s
1st Support Level 78.94
2nd Support Level 78.11
3rd Support Level 77.68

See More

52-Week High 106.03
Fibonacci 61.8% 92.31
Fibonacci 50% 88.07
Fibonacci 38.2% 83.84
Last Price 79.77s
52-Week Low 70.12

See More

Solutions for Energy Professionals barchart.com/cmdty
Energy Data and Statistics
Explore Data
cmdtyView Pro for Commodity Professionals
Start Free Trial
We help Energy Professionals make better decisions
Learn Now
Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.
Use your up/down arrows to move through the symbols.

Free Barchart Webinar