Oil Price in Brazil — Brent & WTI Crude Today
Live Brent and WTI crude oil prices with real-time charts. Track how global oil prices affect energy costs in Brazil. Brazil consumes approximately 3.1 million bbl/day of crude oil.
Brent Crude Oil
$73.76
USD / barrel
Updated: 2026/3/29 01:35:47
WTI Crude Oil
$70.45
USD / barrel
Updated: 2026/3/29 01:35:47
Brent–WTI Spread
$3.31
Brent $73.76 − WTI $70.45
The Brent-WTI spread reflects the price premium of Brent over WTI crude oil. A moderate spread suggests normal market conditions.
Oil Market & Brazil
Brazil is South America's largest oil producer and consumer, with significant deepwater pre-salt reserves. Brazilian crude is priced relative to Brent, and the country has become a net oil exporter in recent years.
As an oil-producing nation, Brazil's government revenues and economic outlook are closely linked to global crude prices. OPEC+ decisions, geopolitical tensions, and demand forecasts from major consuming nations all influence the price of oil that Brazil produces and trades.