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Prices are our trading platform's bid for UKOILF7. Times are server time, New York + 7 hours (GMT+3 now). Past performance is not a reliable indicator of future results.
The spread when you open, shown live above, and a swap for each night the position stays open. Spreads widen around news and at low liquidity.
Read from our trading platform daily. The specification in MetaTrader 5 always prevails.
Daily break 00:59–03:00.
Server time is New York time + 7 hours.
The change in each calendar month, from our platform's month-end closing prices (bid). Our history for this instrument starts in October 2026.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +12.49% | |||||||||||
| Average | – | – | – | – | – | – | – | – | – | – | – | – |
| Months higher | – | – | – | – | – | – | – | – | – | – | – | – |
Month to date · Past performance is not a reliable indicator of future results.
OilPrice.com · Oct 28, 20:30
CoinDesk · Oct 26, 14:05
OilPrice.com · Oct 23, 18:30
Zawya · Oct 23, 12:01
OilPrice.com · Oct 23, 08:33
OilPrice.com · Oct 22, 20:30
Headlines from other publishers, linked to the original article. They are not written or endorsed by GCC Brokers.
Core PCE Price Index MoMUSD
Oct 29, 15:30 · Forecast 0.3% · Previous 0.2%
GDP Growth Rate QoQ AdvUSD
Oct 29, 15:30 · Forecast 3.2% · Previous 2.2%
Personal Income MoMUSD
Oct 29, 15:30 · Forecast 0.3% · Previous 0.2%
Personal Spending MoMUSD
Oct 29, 15:30 · Forecast 0.6% · Previous 0.9%
ISM Manufacturing PMIUSD
Nov 2, 16:00 · Previous 54.5
Midterm ElectionsUSD
Nov 3, 02:00
High-impact releases for USD over the next 7 days, in server time (GMT+3). Dots on the 1D and 5D charts mark recent releases.
Brent Oil Futures represent the price of crude oil extracted from the North Sea, serving as a global benchmark for oil pricing. With daily volumes exceeding 2 million contracts, Brent is one of the most liquid commodity futures markets worldwide. The contract reflects real-time supply, demand, and geopolitical factors affecting global energy markets, making it an essential instrument for traders and hedgers seeking exposure to crude oil price movements.
Brent oil prices are driven by OPEC production decisions, US inventory reports, geopolitical tensions, dollar strength, and global economic growth expectations. Weather events, refinery maintenance, and shipping disruptions also significantly influence price discovery. These diverse drivers create consistent trading opportunities across market cycles, attracting both directional traders and spread traders seeking relative value.
At GCC Brokers, you trade Brent Oil Futures with automatic execution and no manual intervention. We offer variable spreads on the master contract, which is cash-settled with no physical delivery required. Trade on our Zero or Standard accounts with flexible leverage and access to professional-grade trading platforms.
Brent Oil Futures follow the Intercontinental Exchange (ICE) market. At GCC Brokers they trade Monday to Friday with a daily break; the exact hours, in server time, are in the specifications above. This lets you trade global oil price movements across Asian, European, and American sessions.
Spreads are variable and depend on market conditions and your account. Standard and Pro have no commission, and Pro has tighter spreads; Zero has raw spreads plus a commission. The live spread is shown on this page.
Brent prices are influenced by OPEC+ production decisions, US Energy Information Administration (EIA) inventory reports, geopolitical events in oil-producing regions, US dollar strength, and global economic growth expectations. Supply disruptions from weather, sanctions, or refinery issues can also cause sharp price movements. Understanding these fundamentals helps traders anticipate volatility and identify trading opportunities.
Brent Oil Futures traded on the master contract are cash-settled in USD, meaning no physical oil is delivered upon expiration. This makes the contract ideal for financial traders and speculators who wish to gain price exposure without holding physical inventory. You can hold positions or close them at any time during market hours.
Brent Oil Futures suit directional traders betting on price movements, hedgers seeking to protect against energy cost exposure, and spread traders exploiting relative value opportunities. The liquid, 24/5 market accommodates both short-term day traders and longer-term position traders. Ensure you understand commodity futures mechanics, leverage risks, and margin requirements before trading.
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Prices stream from our trading platform. Pro and Zero accounts are priced differently; see trading costs below.
