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Crude Oil Brent Feb '25 (CBG25)

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Crude Oil Brent Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent prices and Crude Oil Brent futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Fri, Aug 7th, 2026.
Latest price quotes as of [[ snapshotDate ]].
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Looking for expired contracts? Check out our Crude Oil Brent Historical Prices page.

Crude Oil Brent Futures Market News and Commentary

Crude Prices Finish Sharply Higher on Doubts About Strait of Hormuz Reopening

September WTI crude oil (CLU26) closed up +2.07 (+2.75%) on Thursday, and September RBOB gasoline (RBU26) closed up +0.0997 (+3.51%).

Crude oil and gasoline prices settled sharply higher on Thursday amid uncertainty regarding a proposed plan by Iran and Oman to reopen the Strait of Hormuz.  Also, a reported missile attack on a Saudi oil tanker by Houthi rebels gave crude oil prices a boost. 

Crude prices raced to their highs on Thursday after Iran's semi-official Fars news agency reported that vessels belonging to the US, Israel, or any other nation that has "caused damage" to Iran would be prohibited from the Strait of Hormuz under the proposed deal with Oman to reopen the waterway, which would restrict some oil exports from several Gulf States. 

Crude prices also found support on Thursday over concerns about oil supplies from the Middle East after Yemen's Houthi rebels said they targeted a Saudi oil tanker with a ballistic missile in the Gulf of Aden.  The Houthi... Read more

An oil tanker out at sea by Gerhard Traschutz via Pixabay
Crude Oil at a Crossroads: Hormuz Diplomacy Puts the Bulls to the Test

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Strait of Hormuz by artemegorovv via Shutterstock
Crude Prices Finish Sharply Higher on Doubts About Strait of Hormuz Reopening

September WTI crude oil (CLU26 ) closed up +2.07 (+2.75%) on Thursday, and September RBOB gasoline (RBU26 ) closed up +0.0997 (+3.51%). Crude oil and gasoline...

Natural gas burnoff refinery by Leonid Eremeychuk via iStock
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September Nymex natural gas (NGU26 ) closed down -0.048 (-1.79%) on Thursday. Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and...

A car being refueled at a gas station by Engin Akyurt via Pixabay
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