Brent crude price today: trend, volatility and seasonality

Data updated October 13, 2026

105.65usd/bbl−0.26% today

Brent crude last traded at 105.65 usd/bbl (close of October 13, 2026), up 73.7% year to date and up 66.9% over twelve months.

It is in an uptrend: both the price and its 50-day average are above the 200-day average, with the price 18.0% above that average.

Over the past 52 weeks it has ranged between 58.92 and 114.44; today's price sits at 84% of that range.

One-month volatility is 49% annualised, close to the middle of its historical range, and the largest fall from a high in the last year was 37.5%.

Returns by period

1W: +5.1%
1M: +1.0%
3M: +24.7%
6M: +11.5%
Year to date: +73.7%
1Y: +66.9%
3Y: —
5Y: —

Spot price changes, close to close. They do not include the roll cost or carry of futures, which is what commodity ETFs earn.

Brent crude over five years (start = 100)

Spot price, indexed200-day moving average

Trend and risk

Trend (50/200-day): Uptrend
vs 200-day average: +18.0%
RSI (14 days): 58
Momentum 12-1: +65.2%
Volatility 1M: 49.0%
Volatility 1Y: 53.5%
Max drawdown 1Y: −37.5%
52-week range position: 84%

Futures positioning (CFTC COT)

Managed money (hedge funds and CTAs) held a net long position of 3,357 contracts in Brent crude (1.5% of open interest), near the most short of the past year. MEDGE reads this as “crowded short”. Report of October 6, 2026.

Brent crude COT report: positions, history and what followed extremes →

Questions

How has brent crude performed this year?

As of October 13, 2026, Brent crude is +73.7% year to date and +66.9% over the last twelve months, at 105.65 usd/bbl.

Is brent crude above its 200-day moving average?

Yes: the price is 18.0% above its 200-day average of 89.53. With the 50-day average also above it, the trend reads as up.

How volatile is brent crude?

Its one-month volatility is 49.0% annualised and one-year volatility 53.5%. Current volatility is at the 65th percentile of all one-month windows in the available history.

Are hedge funds long or short brent crude?

Managed money (hedge funds and CTAs) held a net long position of 3,357 contracts in Brent crude (1.5% of open interest), near the most short of the past year. Figures from the CFTC Commitments of Traders report of October 6, 2026.

Source: MarketStack commodity prices; CFTC Commitments of Traders (Disaggregated, futures only). Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.