Buy price
96.505
96.505
96.476
Information regarding past performance is not a reliable indicator of future performance.
Brent settled at $117.64 on 30 Oct, its highest close in six months and just below its Q1 high of $118.35, after a tanker attack near the Strait of Hormuz. It rose about 15% this month.
Saudi Arabia's economy shrank 3.8% in Q3 as oil output and exports fell. Higher oil also feeds inflation, which pushes interest rate expectations up and weighs on stocks.
Levels for 2 to 6 Nov: Support 112.55 and 108.8. Resistance 118.35 and 120.
Next catalyst: US-Iran headlines and the OPEC+ meeting on 5 Dec
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Market open
Crude Oil Brent
UKOIL
96.4905
Charging Schedule
| Day | Time | Buy | Sell |
|---|---|---|---|
| Mon | 22:00 | -0.0274% | -0.0137% |
| Tue | 22:00 | -0.0274% | -0.0137% |
| Wed | 22:00 | -0.0274% | -0.0137% |
| Thu | 22:00 | -0.0274% | -0.0137% |
| Fri | 22:00 | -0.0822% | -0.0411% |
| Sat | - | - | - |
| Sun | - | - | - |
FAQ
Crude oil Brent is a major global benchmark for oil prices, sourced from the North Sea. On IQ Option, you can trade Brent as a CFD, speculating on its price without owning physical oil.
To trade Crude oil Brent on IQ Option, register an account, verify your details, fund your balance, and choose Crude oil Brent from the asset list. The platform offers user-friendly tools and real-time charts to support your trades.
WTI is U.S.-based and lighter in composition, while Brent is sourced from the North Sea and used as a global benchmark. On IQ Option, you can trade both based on their price movements and market trends.
Brent oil prices are driven by global supply and demand, OPEC decisions, geopolitical events, economic data, and weather. Traders on IQ Option follow news and charts to react to market shifts.
In 2026, Brent oil remains a popular asset due to global energy demand and price volatility. On IQ Option, traders use these movements to find short-term opportunities, though results depend on timing and strategy.
IQ Option offers a smooth interface, low entry amounts, and real-time analysis tools, making it a strong choice for Brent crude trading. It’s beginner-friendly yet offers enough depth for experienced traders too.
You can trade Crude oil Brent on IQ Option with a $10 deposit and invest from just $1. Leverage lets you open larger positions, but it also raises your risk, so manage your trades wisely.
Brent crude oil trading on IQ Option is typically available Mon–Fri 01:01–22:59, following global market hours. The most active trading happens during the London and U.S. session overlap (13:00–17:00 UTC).