BRENT · 1971

Brent Crude Oil Price in 1971

Brent Crude Oil moved from $1.60 (January average) to $1.70 (December average), a gain of 41.67% against the previous year's close.

First month

$1.60

Jan 1, 1971

Last month

$1.70

Dec 1, 1971

High

$1.70

Jul 1, 1971

Low

$1.60

Jan 1, 1971

1971 return

+41.67%

vs $1.20 at end of 1970

Range

6.2%

low to high

Since end of 1971

+7,278.82%

to $125.44 (Oct 6, 2026)

Ten years later

+2,058.82%

$36.70 at end of 1981

Brent Crude Oil in 1971

Monthly average reference prices.

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