$ shortage commodity get OIL.BRT > spot: $70.50/bbl > stress_index: 0.62 WATCH > updated 14:31 UTC
BRENT $70.5/b ▲ TTF €43.7/MWh ● OPEC_ORB n/a SPR_US 331.2 Mb ▼ FAO_FFPI 130.8 ▼
Daily closing prices, 2026-02-02 → 2026-05-15 — Iran-war energy-crisis window.
The global crude benchmark. Watched for spare-capacity tightness and Persian Gulf transit risk.
Brent Crude is the global benchmark for light sweet crude oil, priced in US dollars per barrel and traded on the Intercontinental Exchange (ICE). It anchors roughly two-thirds of internationally traded crude. The shortage.life spot reading is $70.50/bbl with a stress index of 0.62.
The global crude benchmark. Watched for spare-capacity tightness and Persian Gulf transit risk. At the latest reading, Brent Crude prints a spot of $70.50/bbl — a move of ▲0.50% over the past twenty-four hours and ▼2.47% across the trailing thirty days.
The v3.2 stress index places OIL.BRT at 0.62 — a watch reading on a composite that blends price momentum, inventory cover, supplier concentration and geopolitical exposure. The metric is recomputed on every ingestion cycle, and the weekly delta is the line worth tracking rather than the absolute level.
For operators, the question is not the spot itself but the buffer behind it. A tightening reading on Brent Crude compounds with any incident on a shared transit route or producer, and the cascade is rarely linear. The scenarios below carry OIL.BRT as an explicit input — each one is wargamed and reviewed against this commodity's exposure profile.