Skip to content
You can now search across every topic, entity and event.What's new
Timeline

Brent Crude

Global oil benchmark; Brent hit $87 intraday 14 July as Hormuz blockade returned by force.

313 of 313 entries (313 events, 0 interactions)

Filters
#171 12 Aug

Traded near $88.50 in mid-August against the July basket average

Iran Conflict 2026: Iran's wells flat as Iraq adds 665 tb/d
#22 3 Aug

Fell 4.88% intraday to $83.64

European Oil Markets: Brent sheds 4.88% on called-off strike
#164 31 Jul
#20 26 Jul

Fell back below $100 a barrel to settle near $91

European Oil Markets: Brent gives back its $100 handle
#162 25 Jul

Underpinned the rise in US pump prices toward 36% above pre-war levels

Iran Conflict 2026: US pump prices 36% above pre-war
#161 24 Jul
#160 22 Jul

Crossed $100 a barrel for the first time since May

Iran Conflict 2026: Brent tops $100 as the reroute closes
#159 22 Jul
#158 21 Jul

Peaked at $90.79 then eased to $88.26

Iran Conflict 2026: Hormuz crossings fall by two thirds
#18 19 Jul

Settled $88.10 on 17 July then traded above $90 by 20 July

European Oil Markets: Brent takes $90 on the ninth night
#156 17 Jul
#18 16 Jul

Recorded a standalone 60,141-contract managed-money net short for the week to 14 July

European Oil Markets: WTI net length falls to 19,783 lots
#17 15 Jul

Settled $84.73, carrying almost the entire spread widening

European Oil Markets: Brent-WTI gaps to $5.13 on Hormuz
#154 14 Jul
#16 13 Jul

Climbed about $6 as Urals failed to follow the rally

European Oil Markets: Urals held below Russia's budget floor
#16 13 Jul

Traded near $79.16, the highest since 22 June

European Oil Markets: Freight has not confirmed the spike
#150 9 Jul

Held its war premium through the exchange

Iran Conflict 2026: Oil keeps its war premium near $78
#151 8 Jul

Fell to about $75.80 despite the strait's near-closure

Iran Conflict 2026: Hormuz goes dark as tankers flee
#15 8 Jul

Settled 5.2% higher at $78.02, briefly topping $80 intraday

European Oil Markets: Hormuz risk lifts the Brent-Dubai EFS
#149 8 Jul
#148 6 Jul
#14 6 Jul

Settled at $71.42, absorbing most of the post-decision softness

European Oil Markets: Brent-WTI blows out as price sits still
#14 6 Jul

Firmed on the OPEC+ decision and Hormuz normalisation, widening the gap to Urals

European Oil Markets: Urals stalls; the discount blows to $20
#13 2 Jul

Fell to around $70.6-71.7 a barrel

European Oil Markets: Brent grinds to $70 into OPEC+ weekend
#146 2 Jul

Held steady in the low $70s through the mourning week

Iran Conflict 2026: Hormuz tanker count back to pre-war
#142 30 Jun

Traded in a $71.74-$73.20 band, flat to down against the 29 June settle

Iran Conflict 2026: Trump talks $2.50 petrol, signs nothing
#12 30 Jun

Fell approximately 30% over Q2 2026, settling near $72-73 at quarter-end

European Oil Markets: Brent ends worst quarter since 2020
#141 28 Jun
#12 27 Jun

Held compressed speculative length following the recent book flush

European Oil Markets: WTI longs hold, Brent book stays thin
#137 24 Jun

Fell to $76.14 on 24 June as Hormuz transit confidence improved

Iran Conflict 2026: Trump orders a DOJ oil-gouging probe
#11 24 Jun

Widened to approximately $22 as Brent held near $73 while Urals fell to $50

European Oil Markets: Urals slips below Russia's budget line
#135 22 Jun
#136 22 Jun

Fell to about $78 on 22 June, pricing relief not a settled war

Iran Conflict 2026: The paper says open, water says shut
#11 22 Jun
#134 20 Jun
#133 19 Jun

Steadied near $80 a barrel on 19 June

Iran Conflict 2026: Saudi tankers moved, Hormuz stayed shut
#10 18 Jun

Fell to $77.73 on MOU signing then bounced to $80.57 on talks collapse

European Oil Markets: Brent whipsaws as spreads ignore deal
#131 18 Jun

Fell 6.9% to $77.22 on 18 June, pricing a reopening not yet reflected in insurance or transit data

Iran Conflict 2026: Oil prices a Hormuz reopening that has not happened
#9 17 Jun

Fell to $78.96 on 17 June, a three-month low, then dropped ~2% further on 18 June

European Oil Markets: Brent hit a three-month low at $79
#130 16 Jun
#129 15 Jun
#128 15 Jun
#125 12 Jun
#126 12 Jun
#8 12 Jun

Fell more than 4% intraday to $85.80 on 12 June, settling at $87.33

European Oil Markets: Longs rebuilt into an 8-week low
#7 11 Jun

Settled $92.69 on 11 June, reversing 5.3% from the $97.82 squeeze peak

European Oil Markets: Brent round-trips squeeze onto short base
#124 11 Jun

Eased 1.7 per cent to $94.71 after CENTCOM said strikes complete

Iran Conflict 2026: Brent slips to $94.71 the day Hormuz is declared shut
#7 10 Jun
#6 8 Jun

settled 5.08% higher at $97.82 on short-covering rally

European Oil Markets: Brent jumps 5.08% on Monday short-squeeze
#120 7 Jun
#5 3 Jun

Rebounded across three sessions into Wednesday on the draw data

European Oil Markets: Sixth straight draw, flat price mute
#116 3 Jun
#117 3 Jun
#114 1 Jun
#115 1 Jun

Spiked 7% intraday to $97.47 before settling at $94.98 on Iran's talk suspension

Iran Conflict 2026: Brent jumps 7%, rial hits record low
#113 29 May

settled at $92.05 on 29 May, falling more than 19% across May on unsigned-deal optimism

Iran Conflict 2026: Brent's worst month since the Covid crash
#4 29 May

settled at $94.06 on 29 May, widening the Brent-WTI spread to ~$3.55

European Oil Markets: Brent-WTI spread widens out to $3.55
#3 28 May
#110 27 May

Fell below $95/barrel on 27 May then recovered to ~$96 on 28 May

Iran Conflict 2026: Brent hits conflict low, then rebounds
#108 26 May
#5 26 May

Flipped to net long +52,000 as managed money rotated from WTI

European Oil Markets: WTI unwind done, the spread is loaded
#107 25 May

Fell 5% to $98.96, first sub-$100 print since early May

Iran Conflict 2026: Brent breaks $100 as insurers hold
#2 23 May

Fell $14 from $110.34 to $96.14 over 20-24 May on Iran MOU announcement

European Oil Markets: Brent loses $14 in four sessions
#105 22 May

Fell to $104.93 on 22 May as the $5 IEA-spread closed after the Khamenei directive and pulled House vote

Iran Conflict 2026: Brent reprices around Khamenei's uranium directive
#104 20 May
#103 19 May
#2 19 May

WTI flips to +172,580 net long

European Oil Markets
#101 18 May

Opened at $110.30 in Monday Asian trading, the first $110-plus print of the war

Iran Conflict 2026: Brent breaks $110, ADNOC bypasses Hormuz
#102 18 May

Settled at $112.10 on 18 May then reversed to $110.98 on 19 May

Iran Conflict 2026: Brent prints $112.10 conflict high, reverses
#99 16 May
#97 14 May

Fell $1.05 to $106.0 on summit Day 1, pricing a holding pattern not a breakthrough

Iran Conflict 2026: Brent $106 on summit Day 1; buffers near exhaustion
#1 12 May
#1 12 May
#95 11 May

Settled at $104.21 on 11 May, up $2.92 on Trump's verbal statements

Iran Conflict 2026: Aramco warns of a 17.5% shock
#1 11 May
#94 11 May

Broke $101 Hormuz premium floor, opening at $104.71 in Monday Asian trading

Iran Conflict 2026: Brent breaks $101 Hormuz floor at $104.71
#93 10 May
#91 7 May

Climbed to $101.20 on 8 May, reversing three sessions of losses

Iran Conflict 2026: IRGC fires on US destroyers in Hormuz
#91 7 May

Climbed to $101.20 on 8 May driven by the Hormuz exchange of fire

Iran Conflict 2026: CENTCOM redirections rise to 52, pace slows
#90 5 May
#89 4 May
#1 3 May
#86 1 May
#84 30 Apr
#85 30 Apr

Settled at $123/bbl on 30 April, the wartime settle high

Iran Conflict 2026: OPEC+ Seven agree 206k bpd June increase
#83 28 Apr

Settled at $111.16/bbl, up 2.71%, new post-war high on 28 April

Iran Conflict 2026: Brent hits $111.16, a new post-war high
#82 27 Apr
#80 25 Apr

Settled at $105.33 per barrel on 25 April, up 16% on the week

Iran Conflict 2026: Brent settles $105.33, war's biggest week
#1 24 Apr
#78 24 Apr

Closed at $105.73 on 24 April, new post-extension high, 57% above pre-war baseline

Iran Conflict 2026: Brent closes at $105.73, dark activity rises
#77 23 Apr
#76 21 Apr

Crossed $100 on expiry morning then retreated to $97.91 after extension post

Iran Conflict 2026: Brent touches $100 on expiry, closes at $97.91
#74 20 Apr

Closed up 7% to $96.88 on Monday after a 9% Friday drop

Iran Conflict 2026: Brent round-trips 9% down and 7% up in a weekend
#72 17 Apr

Fell 9.07% to $90.38 on the opening announcement and reversed when the strait closed

Iran Conflict 2026: Hormuz opens then closes in 24 hours
#69 14 Apr

Closed at $94.79 on 14 April, 40 per cent above pre-war baseline

Iran Conflict 2026: Brent at $94.79: markets price the gap
#67 13 Apr

surged 8% above $103 on blockade announcement

Iran Conflict 2026: Oil surges past $103 on blockade
#66 12 Apr
#55 2 Apr
#55 1 Apr
#55 1 Apr
#55 1 Apr
#55 1 Apr
#55 31 Mar
#6 20 Mar
#55 20 Mar
#8 2 Mar
#8 2 Mar

Spiked as Kuwait refinery took Iranian shrapnel hit

Iran Conflict 2026: Kuwait refinery hit by Iranian shrapnel
#7 2 Mar

Priced third tanker attack near Hormuz in 72 hours

Iran Conflict 2026: Third ship hit near Hormuz in 72 hours
#7 2 Mar
#7 1 Mar

Fell 70% in Hormuz flow; 150 tankers anchored waiting

Iran Conflict 2026: Hormuz down 70%; 150 tankers at anchor
#7 1 Mar

Climbed on $4,000-per-box Hormuz surcharge imposition

Iran Conflict 2026: $4,000-per-box Hormuz surcharge imposed
#7 1 Mar

Fell as Maersk and CMA CGM halted all Hormuz transits

Iran Conflict 2026: Maersk and CMA CGM halt Hormuz transits
#4 1 Mar

Priced in Hormuz risk as US ships came under fire

Iran Conflict 2026: Hormuz open in name; US ships targeted
#6 1 Mar

Priced in recession risk as JP Morgan raised odds to 35%

Iran Conflict 2026: JP Morgan raises recession odds to 35%
#6 1 Mar

Opened at $82.37/barrel, up 11% on war's first day

Iran Conflict 2026: Markets bet on short war: Brent $82
#2 28 Feb

Held at $73 as $150 oil forecast proved wrong

Iran Conflict 2026: Brent at $73: oil forecast of $150 fails