January 2027 Brent reaches $102.59
By the AFREEQUE newsroom, based on Theghanareport
The Brent futures contract for January 2027 is trading at $102.59 a barrel, while the June and December 2027 contracts reach $92.71 and $84.75 respectively. The war between the United States, Israel and Iran could keep global supply under pressure until 2027, The Ghana Report reports.
The Brent futures contract for delivery in January 2027 is trading at $102.59 a barrel, The Ghana Report reports. Contracts for June and December 2027 are respectively quoted at $92.71 and $84.75 a barrel.
This curve reflects prices that remain above pre-conflict levels between the United States, Israel and Iran: in December 2025, Brent was trading at less than $70 a barrel. The market is now factoring in the possibility that the war will continue into 2027, after hopes of a rapid end, revived by the June ceasefire, faded.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
