Commodity · ICE Futures Europe
Brent Crude Oil price today
Current price
Price
106.31
USD/barrel
down
-10.41
(-8.92%)
Weekly range
106.31 – 116.72
Source
Trading Economics, Brent close 23 Oct 2026 (read 24 Oct; daily +3.55 / +3.14%). Weekly change fields not refreshed: source gave conflicting weekly figures.
The African context
Nigeria, Angola and Cameroon are Africa's largest crude exporters. The World Bank forecasts Brent to average $60/bbl in 2026, down from $68 in 2025, as the global oil surplus expands.
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Other commodities
| Commodity | Price | Week | % | Range | Exchange |
|---|---|---|---|---|---|
|
Cocoa
USD/tonne
|
5,393 | up +5,278 | +4,572.91% | 115.41–5,393 | ICE Futures US (New York) |
|
Gold
USD/troy ounce
|
3,917.20 | down -76.76 | -1.92% | 3,917.20–3,993.96 | Spot (OTC) |
|
Coffee (Robusta)
$/tonne
|
3,256 | down -189 | -5.49% | 3,256–5,240 | ICE Liffe |
|
Copper
USD/lb
|
14,377 | up +14,371 | +224,480.97% | 14,377–14,377 | COMEX |
|
Palm Oil
MYR/tonne
|
4,598 | down -194 | -4.05% | 4,598–4,598 | Bursa Malaysia Derivatives |
|
Natural Gas
USD/MMBtu
|
2.89 | down -0.39 | -12.44% | —–— | NYMEX (Henry Hub) |
|
Cotton
USc/lb
|
77.30 | down -3.43 | -4.24% | 77.30–77.30 | ICE Futures US |