🛢️Brent oil price today
Quotation from 09/15/2026
International futures market · converted via PTAX
Brent crude is priced at R$ 519.65 per barrel (US$ 100.52 per barrel) at the close of 09/15/2026. Brent is the global oil benchmark — the price that appears in the news when people say "oil is up". Petrobras uses it to calculate import parity and price Brazilian gasoline.
Brent crude price history
💡 Drag across the chart to measure the variation between two dates.
Series of daily closes since 08/08/2016 (2542 quotations), converted to reais using the Central Bank's selling PTAX rate for each trading day.
Series milestones
Price per quantity
Direct conversions of the quotation from 09/15/2026, to check without a calculator.
| 1 barrel (159 liters) | R$ 519.65 |
|---|---|
| 1 liter | R$ 3.27 |
| 50 liters (full tank) | R$ 163.43 |
| 1,000 barrels | R$ 519,650.00 |
Brent crude price year over year
Minimum, average, and maximum for each year in reais per barrel, along with the full-year return. Conversions use the PTAX rate for each trading session — meaning the return in reais embeds exchange rate movements, not just commodity price changes.
| Year | Minimum | Average | Maximum | Change |
|---|---|---|---|---|
| 2026 | R$ 323.06 | R$ 453.25 | R$ 617.72 | +57.32% |
| 2025 | R$ 321.14 | R$ 381.14 | R$ 495.27 | −28.98% |
| 2024 | R$ 371.22 | R$ 429.07 | R$ 488.78 | +24.51% |
| 2023 | R$ 346.15 | R$ 410.68 | R$ 485.54 | −15.49% |
| 2022 | R$ 396.67 | R$ 509.34 | R$ 651.46 | +0.79% |
| 2021 | R$ 263.76 | R$ 382.99 | R$ 488.52 | +64.56% |
| 2020 | R$ 102.13 | R$ 219.15 | R$ 279.46 | +1.04% |
| 2019 | R$ 210.84 | R$ 253.05 | R$ 295.52 | +25.53% |
| 2018 | R$ 196.10 | R$ 262.91 | R$ 342.24 | −4.23% |
| 2017 | R$ 149.01 | R$ 174.72 | R$ 222.51 | +21.71% |
| 2016 | R$ 137.89 | R$ 162.75 | R$ 190.08 | +26.85% |
What this price means
This is the quote for Brent-type crude, in US dollars per barrel (159 liters). The name comes from a North Sea field, but today Brent is a basket of light Atlantic crudes that has become the benchmark for most oil traded worldwide — including Brazilian oil.
Pre-salt oil is sold at a premium or discount relative to Brent, depending on its density and sulfur content. That is why Brent is the figure that matters for Petrobras's revenue and the cost of fuel in the country.
This is not the gasoline price divided by the liter. Between the barrel and the pump come refining, federal and state taxes, distribution, gas station margins, and the mandatory ethanol blend — which accounts for over a quarter of a liter. That is why gasoline does not drop the moment oil prices fall.
What makes Brent crude prices rise and fall
The producer cartel, along with Russia, controls a significant share of supply and decides in meetings how much each country can produce. Announced cuts support prices; opening the taps drives them down. It is the most predictable factor on the calendar and the most immediate for prices.
The Middle East, sanctions on Russia, and the passage of ships through strategic straits move prices in minutes because they threaten physical flows. This is usually a risk premium that deflates when the threat does not materialize.
Every week, the US publishes oil and derivative inventories. This is the most closely watched high-frequency data in the market: inventories rising more than expected indicate weak demand.
China, India, and global industrial activity drive consumption. An impending recession pushes oil down before any official statistics confirm it.
US shale oil responds quickly to prices: when the barrel rises, production climbs within months — much faster than a conventional field. This creates a natural ceiling for prolonged rallies.
How to invest in Brent crude in Brazil
Buying physical oil is out of the question for retail investors. The avenues for exposure:
The most common route in Brazil. The company's performance tracks Brent, filtered through pricing policy and exchange rates. Check the stocks page.
Baskets of global oil companies or funds tied to the barrel price. Warning: funds that replicate the barrel via futures contracts suffer from roll yield and may underperform the price rally.
Brent and WTI have deep futures markets, with margins and expiration dates. A tool for active traders, not long-term investors.
A commodity pays no dividends or interest: the return comes solely from price movement, and it can go years without moving. Therefore, for most investors, it makes more sense to use the quotation as a thermometer — to gauge the momentum of companies and funds that generate cash from it — than to try to guess the direction of the price.
News and analysis on Brent crude oil
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Frequently asked questions about the Brent crude oil price
How much is a barrel of oil today?
How many liters are in a barrel of oil?
If oil prices dropped, why isn't gasoline dropping?
What is the difference between Brent and WTI?
Other commodities
Metals and energy, with international quotations converted to reais.
View full commodities dashboard →⚠️ Reference quotation from the international futures market, delayed relative to the trading session and reproduced here for informational purposes only. Conversion to reais uses the Central Bank's selling PTAX. This is not a trading quotation nor an investment recommendation.