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Covered Commodity Future

Brent Crude

BZ=F · Front-month continuous futures · USD per barrel

Current futures price$87.65
Current price$87.65
Daily return+4.9%
Weekly return+4.6%
Monthly return+15.3%
YTD return+44.0%
Contract monthUnavailable
Contract expirationUnavailable
Rollover statusProvider-managed front-month continuous series; exact rollover methodology not supplied
Contract seriesFront-month continuous futures
UnitsUSD per barrel
CurrencyUSD
ProviderYahoo Finance delayed futures data
Timestamp

Historical chart

Brent Crude historical futures price 121.92105.2888.6371.9955.352025-08-052025-10-032025-12-042026-02-052026-04-082026-06-092026-08-10 Date Futures price
2025-08-05 to 2026-08-10 · Range 58.92 to 118.35

AI-Assisted Chart Analysis

Brent Crude technical analysis

Calculated from verified chart history for the selected tenor; no news or fundamental assumptions are used.

Technical only
Trend

Constructive uptrend: the latest level is above the 50-period average and the 50-period average is above the 200-period average.

Momentum

RSI is 47, a neutral reading. Above 70 can signal extension; below 30 can signal exhaustion.

Support scenario

The first technical watch zone is 79.36. A break below 71.57 invalidates the near-term support setup.

Resistance scenario

The first resistance/watch zone is 100.69. A confirmed break above 112.10 supports continuation.

Risk

Annualized realized volatility is +52.9%. Maximum lookback drawdown is -39.5%, from a high-water mark of 118.35 to 71.57.

Potential levels are conditional chart scenarios, not personalized advice or instructions to buy or sell.

Current signal

  • Brent Crude is trading at 84.18 USD per barrel, reflecting a 0.75% daily increase despite a significant 6.59% decline over the past week.
  • The asset maintains a strong year-to-date performance of 38.34%, though the recent one-week price action indicates heightened volatility and a potential reversal of the broader upward trend.

What changed

  • The front-month Brent Crude contract experienced a daily gain of 0.63 USD, contrasting with a sharp one-week decline of 6.59 USD.
  • Market sentiment has shifted following reports of geopolitical de-escalation, specifically the cancellation of a planned strike on Iran, which contributed to a reported 4% drop in prices.

Why it matters

  • The recent price volatility highlights the sensitivity of energy markets to geopolitical risk premiums, where the threat of supply disruption is a primary driver of price discovery.
  • A sustained decline in oil prices could reduce inflationary pressures for consumers and producers, potentially altering the outlook for central bank interest rate policies if energy costs remain suppressed.
  • The divergence between the strong year-to-date performance and the recent weekly weakness suggests that market participants are actively repricing the risk of conflict-related supply shocks.

Bullish factors

  • The asset retains a robust year-to-date gain of 38.34%, suggesting that the underlying structural demand or supply constraints remain supportive over the medium term.
  • Despite recent volatility, the one-month performance remains positive at 10.75%, indicating that the broader trend has not yet fully broken down.

Bearish factors

  • The recent 6.59% weekly decline indicates a rapid unwinding of the geopolitical risk premium previously priced into the market.
  • Reported news of de-escalation in the Middle East, specifically the cancellation of a strike on Iran, removes a key support factor for current price levels.

Key catalysts

  • Geopolitical developments in the Middle East remain the primary catalyst for short-term price movements, particularly regarding potential supply disruptions from Iran.
  • Future price direction will likely be dictated by the market's assessment of whether the current de-escalation is temporary or signals a more durable reduction in regional conflict risk.

Key risks

  • The primary risk is a sudden reversal of the current de-escalation, which could rapidly reintroduce supply-side risk premiums.
  • Continued volatility may lead to reduced liquidity in futures markets as participants adjust positioning in response to unpredictable geopolitical headlines.

Upcoming reports

  • Market participants are monitoring official updates from the EIA regarding U.S. energy inventories, which provide context for supply and demand balances.
  • Ongoing observation of OPEC and IEA publications is required to assess global production and demand forecasts that influence long-term price trends.

Latest verified updates

  • Brent Crude prices dropped over 4% following reports that a planned strike on Iran was called off, according to CNBC reporting.
  • The current front-month continuous contract price is 84.18 USD, based on delayed futures data.

Sources

Yahoo Finance delayed futures data

Last updated: