Brent Oil Price in 2009
The brent oil price rose 117.5% in 2009, from $35.82 at the end of 2008 to $77.91. Its highest close was $78.68 on Dec 1, and its lowest $39.41 on Feb 18. The biggest one-day fall was −10.7% on Jan 27 and the biggest rise +19.9% on Jan 2. Adjusted for inflation, it gained 111.7%.
Brent Oil Price, daily closes 2009
Numbers mark the events belowKey Events in 2009
What happened, and how the Brent oil moved — on the day (or the next trading day) and about a month later.
- 1
Friday, January 2 From the dataBiggest one-day rise of the year: +19.9%.
- 2
Monday, January 5 From the dataBack above its pre-bear-market peak of $45.02 (December 15, 2008).
- 3
Tuesday, January 27 From the dataBiggest one-day fall of the year: −10.7%.
- 4
Tuesday, February 17President Obama signs the $787 billion American Recovery and Reinvestment Act. SourceBrent oil: −8.5% that day · +5.0% a month later
Biggest days of 2009
| Best days | Worst days | ||
|---|---|---|---|
| Jan 2 | +19.9% | Jan 27 | −10.7% |
| Jan 26 | +11.3% | Feb 17 | −8.5% |
| Apr 2 | +10.8% | Feb 13 | −8.2% |
| Mar 4 | +7.8% | Jan 8 | −7.1% |
| Feb 19 | +7.5% | Jun 22 | −6.2% |
Volatility: 52.2% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $44.17 | +23.3% |
| Feb | $44.41 | +0.5% |
| Mar | $46.13 | +3.9% |
| Apr | $50.30 | +9.0% |
| May | $64.98 | +29.2% |
| Jun | $68.11 | +4.8% |
| Jul | $70.08 | +2.9% |
| Aug | $69.02 | −1.5% |
| Sep | $65.82 | −4.6% |
| Oct | $74.91 | +13.8% |
| Nov | $77.77 | +3.8% |
| Dec | $77.91 | +0.2% |
Other Markets in 2009
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Brent Oil Price | +117.5% | $77.91 |
| Dow Jones Industrial Average in 2009 | +18.8% | 10,428.05 |
| S&P 500 in 2009 | +23.5% | 1,115.10 |
| Nasdaq Composite in 2009 | +43.9% | 2,269.15 |
| Russell 2000 in 2009 | +25.2% | 625.39 |
| Nikkei 225 in 2009 | +19.0% | 10,546.44 |
| Gold in 2009 | +25.0% | $1,087.50 |
| Silver in 2009 | +57.5% | $16.99 |
| WTI crude oil in 2009 | +78.0% | $79.39 |
| US 10-year Treasury yield in 2009 | +1.60 pp | 3.85% |
Brent Oil Price in 2009: FAQ
How much did the brent oil price rise in 2009?
The brent oil price rose 117.5% in 2009, from $35.82 at the end of 2008 to $77.91. Its highest close was $78.68 on Dec 1, and its lowest $39.41 on Feb 18. The biggest one-day fall was −10.7% on Jan 27 and the biggest rise +19.9% on Jan 2. Adjusted for inflation, it gained 111.7%.
What were the highest and lowest closes of the brent oil price in 2009?
Highest: $78.68 on December 1, 2009. Lowest: $39.41 on February 18, 2009. It closed higher on 137 of 252 trading days.
What happened to the brent oil price on February 17, 2009?
President Obama signs the $787 billion American Recovery and Reinvestment Act. The brent oil price fell 8.5% that day, and was +5.0% a month later.
Data: Europe Brent spot price (EIA) from 1987, ICE Brent futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.