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Crude Oil Brent F Jul '24 (QAN24)

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Crude Oil Brent (F) Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent (F) prices and Crude Oil Brent (F) futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Wed, Dec 10th, 2025.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Crude Oil Brent (F) Historical Prices page.

Crude Oil Brent (F) Futures Market News and Commentary

Crude Oil Prices Weakens on Oversupply Concerns

January WTI crude oil (CLF26) today is down -0.48 (-0.82%), and January RBOB gasoline (RBF26) closed down -0.0239 (-1.34%).

Crude oil and gasoline prices extended this week's losses today, with crude posting a 2-week low and gasoline slumping to a 4.75-year nearest-futures low.  Crude prices are falling on concerns about a global oil glut.  Oil prices remained lower today after a mixed EIA inventory report showed crude supplies fell more than expected, while gasoline and distillate stockpiles rose more than expected.  

Concerns about a global oil supply cut are bearish for prices after global commodities trader Trafigura said Tuesday that the global oil market is headed for a "super glut" next year as a wave of new supplies runs up against sluggish energy demand.

Weakness in the crude crack spread is a negative factor for oil prices.  The crack spread fell to a 7-week low today, discouraging refiners from purchasing crude oil and refining it into gasoline and disti... Read more

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