{"id":120047,"date":"2026-05-11T08:38:26","date_gmt":"2026-05-11T12:38:26","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=120047"},"modified":"2026-05-11T08:38:26","modified_gmt":"2026-05-11T12:38:26","slug":"brent-price-today-may-11-brent-crude-oil-rises-1-68-to-102-987-usd-bbl-as-yearly-gains-cross-60","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/brent-price-today-may-11-brent-crude-oil-rises-1-68-to-102-987-usd-bbl-as-yearly-gains-cross-60\/120047\/","title":{"rendered":"Brent price today, May 11: Brent crude oil rises 1.68% to 102.987 USD\/Bbl as yearly gains cross 60%"},"content":{"rendered":"
\n
\n
*]:pointer-events-auto [content-visibility:auto] supports-[content-visibility:auto]:[contain-intrinsic-size:auto_100lvh] R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:2e89a77c-c54b-42de-b088-f7c1a24450e2-1\" data-turn-id-container=\"request-WEB:2e89a77c-c54b-42de-b088-f7c1a24450e2-1\" data-testid=\"conversation-turn-4\" data-scroll-anchor=\"false\" data-turn=\"assistant\">\n
\n
\n
\n
\n
\n
\n

Brent crude oil prices moved higher in the latest trading session and crossed the 102 USD per barrel mark. The global oil benchmark climbed 1.698 points to reach 102.987 USD\/Bbl, registering a strong 1.68% daily gain.<\/p>\n

The latest price movement came as energy markets continued to react to supply concerns and shifting global demand trends. Even with the fresh rally, weekly performance remained under pressure.<\/p>\n

Brent crude oil price today records a sharp daily gain<\/h2>\n

Brent crude posted a solid rebound during the session after adding 1.68% in a single day. The rise pushed prices back above the key 100 USD\/Bbl level and kept traders focused on further upside momentum.<\/p>\n

However, the broader weekly trend still reflected weakness. Brent crude declined 8.87% over the past week despite the latest recovery. Monthly data painted a more positive picture as prices advanced 4.96%.<\/p>\n

The mixed performance highlighted the volatility currently dominating the global energy market. Traders are continuing to witness rapid price swings across oil contracts.<\/p>\n

Brent crude yearly return jumps above 60%<\/h2>\n

Long term data showed Brent crude remained one of the strongest performing commodities of the year. Prices surged 71.38% on a year to date basis while yearly gains stood at 60.54%.<\/p>\n

The sharp rise in crude oil prices has continued to impact fuel costs and inflation concerns globally. Rising energy prices often influence transportation, manufacturing and consumer expenses across major economies.<\/p>\n

Analysts believe strong yearly gains reflect ongoing supply tightness and uncertainty surrounding future global production levels.<\/p>\n

Energy market volatility keeps oil traders cautious<\/h2>\n

Energy traders are closely monitoring whether Brent crude can sustain prices above the 102 USD\/Bbl mark in coming sessions. Market sentiment remains sensitive to geopolitical developments, production updates and economic growth expectations.<\/p>\n

With Brent crude already gaining more than 60% compared to last year, investors remain alert for further volatility in the oil market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Brent crude oil prices moved higher in the latest trading session and crossed the 102 USD per barrel mark. The\u2026<\/p>\n","protected":false},"author":294,"featured_media":120048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[35422,12828,36341,36112,34932,36342,5218,33979,776],"class_list":["post-120047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-markets","tag-brent","tag-brent-crude","tag-brent-crude-price","tag-brent-oil","tag-brent-oil-price","tag-brent-price-today","tag-oil","tag-top-stories","tag-us"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=120047"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120047\/revisions"}],"predecessor-version":[{"id":120049,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120047\/revisions\/120049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/120048"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=120047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=120047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=120047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}