Historical Year Data · 2023
Brent Crude Oil (FRED Daily) in 2023
Brent Crude Oil (FRED Daily) opened 2023 at $80.36 and closed at $77.69, a -3.32% move for the year. The high of $97.1 was reached on September 27, and the low of $71.03 on March 17.
Open
$80.36
2023-01
Close
$77.69
251 data points
High
$97.1
Sep 27
Low
$71.03
Mar 17
Full Year Change
-3.32%
2022 Change
+5.84%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $80.36 | $83.42 | $87.54 | $75.31 | +3.81% |
| Feb | $81.61 | $83.21 | $85.98 | $78.85 | +1.96% |
| Mar | $83.68 | $79.19 | $85.86 | $71.03 | -5.37% |
| Apr | $85.81 | $81.32 | $88.31 | $79.19 | -5.23% |
| May | $76.71 | $71.98 | $77.99 | $71.98 | -6.17% |
| Jun | $74.18 | $74.51 | $76.92 | $71.8 | +0.44% |
| Jul | $74.52 | $85.22 | $85.22 | $74.52 | +14.36% |
| Aug | $85.34 | $87.29 | $89.31 | $83.94 | +2.28% |
| Sep | $89.98 | $95.86 | $97.1 | $89.98 | +6.53% |
| Oct | $91.21 | $86.82 | $94.46 | $86.82 | -4.81% |
| Nov | $86.92 | $81.72 | $89.02 | $77.73 | -5.98% |
| Dec | $78.72 | $77.69 | $81.1 | $74.11 | -1.31% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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