BRENT · 1978
Brent Crude Oil Price in 1978
Brent Crude Oil moved from $12.70 (January average) to $14.50 (December average), a gain of 14.17% against the previous year's close.
First month
$12.70
Jan 1, 1978
Last month
$14.50
Dec 1, 1978
High
$14.50
Dec 1, 1978
Low
$12.70
Jan 1, 1978
1978 return
+14.17%
vs $12.70 at end of 1977
Range
14.2%
low to high
Since end of 1978
+765.10%
to $125.44 (Oct 6, 2026)
Ten years later
+4.83%
$15.20 at end of 1988
Brent Crude Oil in 1978
Monthly average reference prices.
Month by month
| Month | Average | Change |
|---|---|---|
| January | 12.70 | 0.00% |
| February | 12.70 | 0.00% |
| March | 12.70 | 0.00% |
| April | 12.70 | 0.00% |
| May | 12.70 | 0.00% |
| June | 12.70 | 0.00% |
| July | 12.80 | +0.79% |
| August | 12.80 | 0.00% |
| September | 12.80 | 0.00% |
| October | 12.90 | +0.78% |
| November | 13.20 | +2.33% |
| December | 14.50 | +9.85% |