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Brent Oil Price in 2010

The brent oil price rose 19.7% in 2010, from $77.91 at the end of 2009 to $93.23. Its highest close was $93.63 on Dec 23, and its lowest $67.18 on May 25. The biggest one-day fall was −5.9% on Feb 4 and the biggest rise +5.7% on Aug 2. Adjusted for inflation, it gained 17.9%.

Change in 2010
+19.7%
$77.91 → $93.23
High
$93.63
Dec 23
Low
$67.18
May 25
After inflation
+17.9%
US CPI
Up days
138 of 252
longest run 9 up, 6 down
Below record
-35.2%
at the end of 2010

Brent Oil Price, daily closes 2010

Numbers mark the events below
$70$80$91JanFebMarAprMayJunJulAugSepOctNovDec1Feb 4: Biggest one-day fall of the year: −5.9%.2Apr 20: Deepwater Horizon drilling rig explodes in the Gulf of Mexico, causing a major oil spill.3May 20: Enters a bear market: 20% below its peak of $88.09 (May 3, 2010).4May 25: Bear market low: $67.18, 23.7% below the peak.5Jul 21: President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law.6Aug 2: Biggest one-day rise of the year: +5.7%.7Dec 1: Back above its pre-bear-market peak of $88.09 (May 3, 2010).

Key Events in 2010

What happened, and how the Brent oil moved — on the day (or the next trading day) and about a month later.

  1. 1
    Thursday, February 4 From the data
    Biggest one-day fall of the year: −5.9%.
  2. 2
    Tuesday, April 20
    Deepwater Horizon drilling rig explodes in the Gulf of Mexico, causing a major oil spill. Source
    Brent oil: +2.0% that day · −9.6% a month later
  3. 3
    Thursday, May 20 From the data
    Enters a bear market: 20% below its peak of $88.09 (May 3, 2010).
  4. 4
    Tuesday, May 25 From the data
    Bear market low: $67.18, 23.7% below the peak.
  5. 5
    Wednesday, July 21
    President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. Source
    Brent oil: −0.7% that day · −1.6% a month later
  6. 6
    Monday, August 2 From the data
    Biggest one-day rise of the year: +5.7%.
  7. 7
    Wednesday, December 1 From the data
    Back above its pre-bear-market peak of $88.09 (May 3, 2010).

Biggest days of 2010

Best daysWorst days
Aug 2+5.7%Feb 4−5.9%
Aug 26+5.3%May 7−4.7%
May 26+5.1%May 19−4.3%
Feb 16+4.7%Jul 1−4.3%
May 27+4.2%May 14−3.8%

Volatility: 28.5% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$71.20−8.6%$80.57$70.65
Feb$76.36+7.2%$77.00$69.62
Mar$80.37+5.3%$80.37$76.07
Apr$86.19+7.2%$86.90$82.63
May$73.00−15.3%$88.09$67.18
Jun$74.94+2.7%$78.53$71.09
Jul$77.50+3.4%$78.60$71.73
Aug$75.51−2.6%$83.76$70.61
Sep$80.77+7.0%$80.77$74.93
Oct$82.47+2.1%$85.01$80.75
Nov$86.02+4.3%$88.08$82.34
Dec$93.23+8.4%$93.63$88.56

Other Markets in 2010

Change over the calendar year.

MarketChangeYear-end
Brent Oil Price+19.7%$93.23
Dow Jones Industrial Average in 2010+11.0%11,577.51
S&P 500 in 2010+12.8%1,257.64
Nasdaq Composite in 2010+16.9%2,652.87
Russell 2000 in 2010+25.3%783.65
Nikkei 225 in 2010−3.0%10,228.92
Gold in 2010+29.2%$1,405.50
Silver in 2010+80.3%$30.63
WTI crude oil in 2010+15.1%$91.38
US 10-year Treasury yield in 2010−0.55 pp3.30%
2010201120122013201420152016201720182019

Brent Oil Price in 2010: FAQ

How much did the brent oil price rise in 2010?

The brent oil price rose 19.7% in 2010, from $77.91 at the end of 2009 to $93.23. Its highest close was $93.63 on Dec 23, and its lowest $67.18 on May 25. The biggest one-day fall was −5.9% on Feb 4 and the biggest rise +5.7% on Aug 2. Adjusted for inflation, it gained 17.9%.

What were the highest and lowest closes of the brent oil price in 2010?

Highest: $93.63 on December 23, 2010. Lowest: $67.18 on May 25, 2010. It closed higher on 138 of 252 trading days.

What happened to the brent oil price on April 20, 2010?

Deepwater Horizon drilling rig explodes in the Gulf of Mexico, causing a major oil spill. The brent oil price rose 2.0% that day, and was −9.6% 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.