Brent Oil (BCO) Price Today, Forecasts & News

Stats

Prev. Close

78.114

High

78.982

Low

77.833

Ask

78.50

Bid

78.36

Spread

0.1400

Price Drivers

Euro Area GDP Annual Growth Rate

United States Interest Rate

Value:0.90%

Strong Euro Area GDP Growth is bullish for Brent oil as demand for oil grows together with the economy.

EUR/USD

S&P Industrial Sector

Value:$1.04942

Weaker EUR/USD is bearish for Brent oil as Brent oil is quoted in U.S. dollars

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Economic CalendarAll Events

Time zone: GMT

Friday, January 24th 2025
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:45	USD	S&P Global Manufacturing PMI FlashJan	Medium	50.1	49.7	49.4
15:00	USD	Existing Home Sales MoMDec	Medium	2.2%	0.3%	4.8%
15:00	USD	Michigan Consumer Sentiment FinalJan	Medium	71.1	73.2	74.0
15:00	USD	Existing Home SalesDec	High	4.24M	4.19M	4.15M

Monday, January 27th 2025
Time	Currency	Event	Impact	Actual	Consensus	Previous
01:30	CNY	NBS Non Manufacturing PMIJan	Medium		51.8	52.2
01:30	CNY	NBS Manufacturing PMIJan	High		50.1	50.1
09:00	EUR	Ifo Business ClimateJan	High		84.6	84.7