Brent Crude Oil Price
Track the live Brent crude oil price (UKOUSD), interactive charts, technicals, and the key drivers every commodity trader should know.
- EnergyAsset Class
- UKOUSDTicker Symbol
- USDBase Currency
- Commodity CFDTradable Asset
Technical Rating
How to read this rating
The gauge sums up popular indicators and moving averages into one signal for UKOUSD, updated as prices move.
- Strong Buy — strong upward momentum.
- Buy — momentum leans up.
- Neutral — no clear direction.
- Sell — momentum leans down.
- Strong Sell — strong downward momentum.
Use it as a guide, not advice — always check the live chart and your own research before trading.
Charts, ratings, and quotes are provided by TradingView for information only. Confirm the exact tradable price in your Centrino Capital platform before placing an order.
About Brent Crude Oil
Brent crude oil is the world's leading international oil benchmark, sourced from the North Sea and quoted in US dollars per barrel, underpinning the pricing of the majority of globally traded crude.
As a light, sweet crude with low sulphur content, Brent is favoured by refiners and serves as the reference price for oil contracts, futures, and physical cargoes across Europe, Africa, and Asia.
The Brent price is shaped by OPEC+ production decisions, global demand conditions, movements in the US dollar, and geopolitical developments in key producing regions, and it typically trades at a modest premium to its US counterpart, WTI.
Key Facts
- Symbol
- UKOUSD
- Asset class
- Energy
- Benchmark
- Brent Crude (North Sea)
- Unit
- Per barrel
- Quote currency
- USD
- Tradable as
- Commodity CFD
What Moves Brent Crude Oil
OPEC+ Supply Decisions
Coordinated production quotas from OPEC and allied producers are the single most influential supply-side factor for Brent prices.
Global Demand
Economic growth in China, the US, and Europe directly affects oil consumption expectations and shapes the demand outlook.
US Dollar
Brent is priced in US dollars, so a stronger dollar tends to weigh on prices while a weaker dollar typically provides support.
Geopolitics
Conflicts, sanctions, and supply disruptions in major producing regions such as the Middle East can trigger rapid price moves.
WTI Spread
The Brent-WTI differential reflects regional supply, logistics, and quality differences, and shifts in that spread can influence Brent independently.
Why Trade Brent Crude Oil (UKOUSD) CFDs with Centrino Capital?
Tight Spreads
Competitive spreads for cost-efficient access and improved trading potential.
Super-Fast Execution
Lightning-fast order execution with minimal slippage and no requotes.
Flexible Leverage
Trade with flexible leverage options designed to suit your individual strategy.
Markets You Can Trust
Trade on a secure and transparent platform with real market pricing.
How to Trade Brent Crude Oil
- 1
Open Your Account
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- 2
Fund Your Account
Choose from multiple secure deposit options.
- 3
Search Brent Crude Oil (UKOUSD)
Find Brent Crude Oil CFDs and analyze the market.
- 4
Place Your Trade
Choose your position size and start trading.
Brent Crude Oil — Questions
How much is Brent Crude Oil live price today?
The live price is shown in the chart above and updates throughout the trading session. Brent can move sharply on supply and demand news, so always check the live chart and current bid/ask spread before opening a position.
Can I trade Brent crude oil with leverage?
Yes. Eligible clients at Centrino Capital can trade Brent crude as a commodity CFD with flexible leverage and transparent margin requirements. It is important to understand that leverage amplifies both potential gains and losses before trading.
What is the difference between Brent and WTI crude oil?
Brent is the international benchmark sourced from the North Sea, while WTI is the primary US benchmark. Although the two contracts track each other closely, a price differential exists due to differences in crude quality, geographic location, and regional supply and demand dynamics.
What factors move the Brent crude oil price?
Brent is primarily driven by OPEC+ production policy, global economic growth and demand expectations, the strength of the US dollar, and geopolitical developments in key oil-producing regions.
Do I receive physical oil when trading this instrument?
No. Trading Brent crude via a CFD means you are speculating on the price movement without any obligation to take or make delivery of physical barrels. You can go long or short depending on your market view.
Disclaimer
This page is for informational purposes only and does not constitute investment advice, financial guidance, or a recommendation to buy or sell Brent Crude Oil (UKOUSD) or any other financial instrument. Live prices and charts are supplied by TradingView and may differ from the tradable prices in the Centrino Capital platform. Trading CFDs is leveraged and carries significant risk to your capital — you may lose more than you expect. Past performance is not indicative of future results. Please ensure you fully understand the risks and conduct your own research before trading. T&Cs apply.
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