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Brent Oil Price in 2021

The brent oil price rose 50.2% in 2021, from $51.80 at the end of 2020 to $77.78. Its highest close was $86.40 on Oct 26, and its lowest $51.09 on Jan 4. The biggest one-day fall was −11.6% on Nov 26 and the biggest rise +6.0% on Mar 24. Adjusted for inflation, it gained 40.3%.

Change in 2021
+50.2%
$51.80 → $77.78
High
$86.40
Oct 26
Low
$51.09
Jan 4
After inflation
+40.3%
US CPI
Up days
155 of 252
longest run 9 up, 7 down
Below record
-46.0%
at the end of 2021

Brent Oil Price, daily closes 2021

Numbers mark the events below
$54$69$83JanFebMarAprMayJunJulAugSepOctNovDec1Mar 5: Back above its pre-bear-market peak of $69.02 (September 16, 2019).2Mar 11: President Biden signs the $1.9 trillion American Rescue Plan Act.3Mar 24: Biggest one-day rise of the year: +6.0%.4Jun 21: Back above its pre-bear-market peak of $74.57 (April 24, 2019).5Oct 26: Back above its pre-bear-market peak of $86.29 (October 3, 2018).6Nov 26: Biggest one-day fall of the year: −11.6%.7Dec 1: Enters a bear market: 20% below its peak of $86.40 (October 26, 2021). Bear market low: $68.87, 20.3% below the peak.

Key Events in 2021

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

  1. 1
    Friday, March 5 From the data
    Back above its pre-bear-market peak of $69.02 (September 16, 2019).
  2. 2
    Thursday, March 11
    President Biden signs the $1.9 trillion American Rescue Plan Act. Source
    Brent oil: +2.5% that day · −7.3% a month later
  3. 3
    Wednesday, March 24 From the data
    Biggest one-day rise of the year: +6.0%.
  4. 4
    Monday, June 21 From the data
    Back above its pre-bear-market peak of $74.57 (April 24, 2019).
  5. 5
    Tuesday, October 26 From the data
    Back above its pre-bear-market peak of $86.29 (October 3, 2018).
  6. 6
    Friday, November 26 From the data
    Biggest one-day fall of the year: −11.6%.
  7. 7
    Wednesday, December 1 From the data
    Enters a bear market: 20% below its peak of $86.40 (October 26, 2021). Bear market low: $68.87, 20.3% below the peak.

Biggest days of 2021

Best daysWorst days
Mar 24+6.0%Nov 26−11.6%
Aug 23+5.5%Mar 18−6.9%
Jan 5+4.9%Jul 19−6.8%
Dec 6+4.6%Mar 23−5.9%
Apr 14+4.6%Aug 2−4.5%

Volatility: 32.2% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$55.88+7.9%$56.58$51.09
Feb$66.13+18.3%$67.04$56.35
Mar$63.54−3.9%$69.63$60.79
Apr$67.25+5.8%$68.56$62.15
May$69.63+3.5%$69.63$65.11
Jun$75.13+7.9%$76.18$70.25
Jul$76.33+1.6%$76.49$68.62
Aug$72.99−4.4%$73.41$65.18
Sep$78.52+7.6%$79.53$71.45
Oct$84.38+7.5%$86.40$79.28
Nov$70.57−16.4%$84.78$70.57
Dec$77.78+10.2%$79.32$68.87

Other Markets in 2021

Change over the calendar year.

MarketChangeYear-end
Brent Oil Price+50.2%$77.78
Dow Jones Industrial Average in 2021+18.7%36,338.30
S&P 500 in 2021+26.9%4,766.18
Nasdaq Composite in 2021+21.4%15,644.97
Russell 2000 in 2021+13.7%2,245.31
Nikkei 225 in 2021+4.9%28,791.71
Gold in 2021−3.5%$1,828.60
Silver in 2021−11.4%$23.33
WTI crude oil in 2021+55.0%$75.21
US 10-year Treasury yield in 2021+0.60 pp1.51%
2020202120222023202420252026

Brent Oil Price in 2021: FAQ

How much did the brent oil price rise in 2021?

The brent oil price rose 50.2% in 2021, from $51.80 at the end of 2020 to $77.78. Its highest close was $86.40 on Oct 26, and its lowest $51.09 on Jan 4. The biggest one-day fall was −11.6% on Nov 26 and the biggest rise +6.0% on Mar 24. Adjusted for inflation, it gained 40.3%.

What were the highest and lowest closes of the brent oil price in 2021?

Highest: $86.40 on October 26, 2021. Lowest: $51.09 on January 4, 2021. It closed higher on 155 of 252 trading days.

What happened to the brent oil price on March 11, 2021?

President Biden signs the $1.9 trillion American Rescue Plan Act. The brent oil price rose 2.5% that day, and was −7.3% 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.