Price board
Refreshes about every 60 seconds. Live exchange futures (delayed). Daily latest published assessment, with its date. Grades that fail our data check (more than 25% away from Brent on the same date, or a reported move over 8%) are hidden until the data looks normal.
Next week outlook
Calculating from recent price history…
How we estimate: for each benchmark we take its last 90 days of real daily closes, smooth them with a damped-trend exponential smoothing model (Holt, α 0.5, β 0.1, damping 0.9) and project to the end of next week. The projected price is capped at ±5% of the latest close; the range is ±1 standard deviation of that benchmark's recent price moves over the same number of trading days, widened when the cap applies. It recalculates automatically from the latest data. Benchmarks without enough daily history, or whose data fails our quality check, are left out.
What is a crude benchmark?
A benchmark is a reference grade of crude oil whose price other oil is priced against. WTI (USA) and Brent (North Sea) are the best known. Dubai/Oman and Murban serve the Middle East and Asia, and many countries publish an official price for their own export grade.
Quality: light or heavy
Light crude (high API gravity) yields more gasoline and diesel, so it usually costs more. Heavy crude such as Canada's WCS or Mexico's Maya needs more refining and sells at a discount.
Quality: sweet or sour
"Sweet" crude is low in sulfur; "sour" is high. Removing sulfur costs money, so sour grades like Urals or Basrah usually trade below sweet grades like Brent.
Location and shipping
Where oil is loaded matters. Landlocked or far-away barrels pay more for pipelines and tankers, and that cost comes off their price.
Politics and timing
Sanctions, contract terms and pricing dates also move prices. Some numbers are live futures, others are daily or monthly official prices, so they will not all move together.