Brent Oil Price in 2014

The brent oil price fell 48.3% in 2014, from $110.80 at the end of 2013 to $57.33. Its highest close was $115.06 on Jun 19, and its lowest $57.33 on Dec 31. The biggest one-day fall was −9.8% on Nov 28 and the biggest rise +3.6% on Dec 19. Adjusted for inflation, it lost 48.6%.

Change in 2014

−48.3%

$110.80 → $57.33

High

$115.06

Jun 19

Low

$57.33

Dec 31

After inflation

−48.6%

US CPI

Up days

100 of 250

longest run 4 up, 7 down

Below record

-60.2%

at the end of 2014

Brent Oil Price, daily closes 2014

Numbers mark the events below

Key Events in 2014

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

1
Tuesday, March 18

Russia signs a treaty annexing Crimea from Ukraine. Source

Brent oil: −1.6% that day · +0.2% a month later
2
Thursday, June 5

ECB cuts its deposit facility rate to -0.10%, introducing a negative policy rate. Source

Brent oil: +0.4% that day · +2.4% a month later
3
Tuesday, September 30 From the data

Enters a bear market: 20% below its peak of $118.90 (February 8, 2013).
4
Thursday, November 27

OPEC keeps its output ceiling unchanged; US crude falls nearly 8% to below $69, lowest since 2009. Source

Brent oil: −9.8% next trading day (Nov 28) · −25.6% a month later
5
Friday, December 19 From the data

Biggest one-day rise of the year: +3.6%.

Biggest days of 2014

Best days		Worst days
Dec 19	+3.6%	Nov 28	−9.8%
Dec 1	+3.4%	Oct 14	−4.3%
Jun 12	+2.8%	Dec 8	−4.2%
Dec 23	+2.6%	Dec 10	−3.9%
Oct 23	+2.5%	Nov 13	−3.1%

Volatility: 20.5% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	$106.40	−4.0%	$108.27	$106.39
Feb	$109.07	+2.5%	$110.64	$105.78
Mar	$107.76	−1.2%	$111.20	$105.85
Apr	$108.07	+0.3%	$110.33	$104.79
May	$109.41	+1.2%	$110.55	$107.06
Jun	$112.36	+2.7%	$115.06	$108.40
Jul	$106.02	−5.6%	$112.29	$105.85
Aug	$103.19	−2.7%	$105.44	$101.56
Sep	$94.67	−8.3%	$102.77	$94.67
Oct	$85.86	−9.3%	$94.16	$83.78
Nov	$70.15	−18.3%	$84.78	$70.15
Dec	$57.33	−18.3%	$72.54	$57.33

Other Markets in 2014

Change over the calendar year.

Market	Change	Year-end
Brent Oil Price	−48.3%	$57.33
Dow Jones Industrial Average in 2014	+7.5%	17,823.07
S&P 500 in 2014	+11.4%	2,058.90
Nasdaq Composite in 2014	+13.4%	4,736.05
Russell 2000 in 2014	+3.5%	1,204.70
Nikkei 225 in 2014	+7.1%	17,450.77
Gold in 2014	−1.5%	$1,184.10
Silver in 2014	−19.5%	$15.60
WTI crude oil in 2014	−45.6%	$53.45
US 10-year Treasury yield in 2014	−0.87 pp	2.17%

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Brent Oil Price in 2014: FAQ

How much did the brent oil price fall in 2014?

What were the highest and lowest closes of the brent oil price in 2014?

Highest: $115.06 on June 19, 2014. Lowest: $57.33 on December 31, 2014. It closed higher on 100 of 250 trading days.

What happened to the brent oil price on November 27, 2014?

OPEC keeps its output ceiling unchanged; US crude falls nearly 8% to below $69, lowest since 2009. The brent oil price fell 9.8% on the next trading day (November 28, 2014), and was −25.6% 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.