Oil Price in Chad — Brent & WTI Crude Today

Chad is a landlocked crude producer whose output from the Doba Basin is piped to the Atlantic via Cameroon. Oil exports are the backbone of government revenue, priced against Brent despite the country's distance from the coast.

Classified here as a small domestic producer, Chad trades against Dated Brent. That is the pricing reference the sections below work from — the headline Brent number quoted at the top of this page is the global marker, not necessarily the price Chad settles at.

Chad produces crude, but not at a volume that influences the global balance. Domestic output softens the import bill without insulating the country from the benchmark, because unsold barrels always have an export alternative — refiners price against what the crude could fetch abroad, not what it cost to lift.

Dated Brent is the reference for Atlantic Basin, European and West African trade, so the headline Brent price maps fairly directly onto import and export contracts here.

Chad has only limited refining capacity relative to demand, so it exports crude and re-imports refined product. That combination is unforgiving: the country sells at a benchmark-linked crude price and buys back at a product price that includes someone else's refining margin and the freight both ways.

Crude is invoiced in US dollars worldwide. Where local prices are quoted in dollars or in a dollar-pegged currency, that removes one layer of volatility: buyers in Chad face the crude move on its own, without an exchange-rate move stacked on top of it.