The current price for the December 2027 contract is less than 10 cents off its war-time high. If the current price holds at the close, it would be only the second time during the year that the December 2027 print has exceeded the $80 per barrel mark.
Tuesday, October 20, 2026
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Brent Crude Falls 2.14% to $104.32 per Barrel
Commodities25 days ago
Futures for the global oil benchmark declined on September 25, finishing the day with a loss of $2.28 per barrel. The oil price settled at $104.32 per barrel, representing a 2.14% drop, while long-dated contracts for December 2027 remained above $80 per barrel.
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