Brent Oil Price in 2012
The brent oil price rose 2.5% in 2012, from $108.09 at the end of 2011 to $110.80. Its highest close was $128.14 on Mar 13, and its lowest $88.69 on Jun 25. The biggest one-day fall was −5.0% on Jun 1 and the biggest rise +4.8% on Jul 3. Adjusted for inflation, it gained 0.8%.
Brent Oil Price, daily closes 2012
Numbers mark the events belowKey Events in 2012
What happened, and how the Brent oil moved — on the day (or the next trading day) and about a month later.
- 1
Friday, June 1 From the dataEnters a bear market: 20% below its peak of $128.14 (March 13, 2012). Biggest one-day fall of the year: −5.0%.
- 2
Monday, June 25 From the dataBear market low: $88.69, 30.8% below the peak.
- 3
Tuesday, July 3 From the dataBiggest one-day rise of the year: +4.8%.
- 4
Thursday, July 26ECB President Mario Draghi says the ECB is ready to do "whatever it takes" to preserve the euro. SourceBrent oil: +2.4% that day · +14.8% a month later
Biggest days of 2012
| Best days | Worst days | ||
|---|---|---|---|
| Jul 3 | +4.8% | Jun 1 | −5.0% |
| Nov 6 | +3.5% | Jun 21 | −4.6% |
| Jun 29 | +3.5% | Sep 19 | −4.2% |
| Nov 19 | +3.0% | May 4 | −3.7% |
| Mar 1 | +2.9% | May 30 | −3.4% |
Volatility: 23.0% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $110.26 | +2.0% |
| Feb | $122.23 | +10.9% |
| Mar | $123.41 | +1.0% |
| Apr | $118.66 | −3.8% |
| May | $103.86 | −12.5% |
| Jun | $94.17 | −9.3% |
| Jul | $105.93 | +12.5% |
| Aug | $113.93 | +7.6% |
| Sep | $111.36 | −2.3% |
| Oct | $109.89 | −1.3% |
| Nov | $110.84 | +0.9% |
| Dec | $110.80 | 0.0% |
Other Markets in 2012
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Brent Oil Price | +2.5% | $110.80 |
| Dow Jones Industrial Average in 2012 | +7.3% | 13,104.14 |
| S&P 500 in 2012 | +13.4% | 1,426.19 |
| Nasdaq Composite in 2012 | +15.9% | 3,019.51 |
| Russell 2000 in 2012 | +14.6% | 849.35 |
| Nikkei 225 in 2012 | +22.9% | 10,395.18 |
| Gold in 2012 | +8.3% | $1,657.50 |
| Silver in 2012 | +6.3% | $29.95 |
| WTI crude oil in 2012 | −7.1% | $91.83 |
| US 10-year Treasury yield in 2012 | −0.11 pp | 1.78% |
Brent Oil Price in 2012: FAQ
How much did the brent oil price rise in 2012?
The brent oil price rose 2.5% in 2012, from $108.09 at the end of 2011 to $110.80. Its highest close was $128.14 on Mar 13, and its lowest $88.69 on Jun 25. The biggest one-day fall was −5.0% on Jun 1 and the biggest rise +4.8% on Jul 3. Adjusted for inflation, it gained 0.8%.
What were the highest and lowest closes of the brent oil price in 2012?
Highest: $128.14 on March 13, 2012. Lowest: $88.69 on June 25, 2012. It closed higher on 134 of 252 trading days.
What happened to the brent oil price on July 26, 2012?
ECB President Mario Draghi says the ECB is ready to do "whatever it takes" to preserve the euro. The brent oil price rose 2.4% that day, and was +14.8% 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.