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Brent crude oil, daily

126.55US$/bbl▲ 0.6% vs 13 Oct 2026

Latest observation 14 Oct 2026

Brent crude oil, daily

What is this?

The daily world price of Brent crude oil.

Mozambique imports refined fuel priced off international benchmarks; ARENE reviews pump prices periodically, so changes reach consumers late and only partly.

How to read it

  • Higher means oil costs more on world markets. Fuel prices in Mozambique are regulated and adjusted only occasionally.
  • Unit: US$/bbl.
  • Measure: Global benchmark price.

What does the data say?

Brent crude oil, daily is 126.55 US$/bbl (14 Oct 2026), 579.3% higher than in 20 May 1987. Over the last year: +93.4%.

Over all 9108 observations since 20 May 1987, the highest was 143.95 (3 Jul 2008) and the lowest 9.10 (10 Dec 1998).

Why does it matter?

  • Households: Can eventually raise pump, transport and food prices.
  • Businesses: Transport and generator costs.
  • Government: Fuel subsidies or tax adjustments.
  • Investors: Import bill and inflation risk.
  • Mobile money: Indirect; through transport costs and prices.

What should I watch?

Data source

Source
U.S. Energy Information Administration via FRED (DCOILBRENTEU)
Status
Fetched live on the last refresh
Latest observation
14 Oct 2026
Last updated
2026-10-17
Frequency
Daily
Method
Daily spot price, Europe Brent, FOB.
Limitations
Trading days only; no values on weekends and holidays. Not the cost of fuel landed in Mozambique.
05010015020020 May 198714 Oct 2026High 143.95Low 9.10
Latest
126.55
Change
+579.3%
Year on year
+93.4%
High
143.95 3 Jul 2008
Low
9.10 10 Dec 1998
Average
54.48
Volatility
42.5%

Brent crude oil, daily is 126.55 US$/bbl (14 Oct 2026), 579.3% higher than in 20 May 1987. Over the last year: +93.4%.

What is this?

The daily world price of Brent crude oil.

Mozambique imports refined fuel priced off international benchmarks; ARENE reviews pump prices periodically, so changes reach consumers late and only partly.

How to read it

Higher means oil costs more on world markets. Fuel prices in Mozambique are regulated and adjusted only occasionally.

Unit: US$/bbl.

Measure: Global benchmark price.

What does the data say?

Brent crude oil, daily is 126.55 US$/bbl (14 Oct 2026), 579.3% higher than in 20 May 1987. Over the last year: +93.4%.

Over all 9108 observations since 20 May 1987, the highest was 143.95 (3 Jul 2008) and the lowest 9.10 (10 Dec 1998).

Why does it matter?

  • Households: Can eventually raise pump, transport and food prices.
  • Businesses: Transport and generator costs.
  • Government: Fuel subsidies or tax adjustments.
  • Investors: Import bill and inflation risk.
  • Mobile money: Indirect; through transport costs and prices.

Observed facts are above; these are possible implications, not measured effects.

Explore relationships →

What should I watch?

Data source

Source
U.S. Energy Information Administration via FRED (DCOILBRENTEU)
Frequency
Daily
Observations
9108 (20 May 1987 – 14 Oct 2026)
Last retrieved
2026-10-17
Method
Daily spot price, Europe Brent, FOB.
Limitations
Trading days only; no values on weekends and holidays. Not the cost of fuel landed in Mozambique.
Download
All stored observations (JSON) · CSV from the chart