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Gold/Silver78.93
DXY101.96+0.08%
US10Y4.93%−1.20%
WTI104.12+2.08%
S&P 5007,580−1.82%
Dow51,770−1.09%
Bitcoin77,810+0.48%
VIX19.42+12.91%

Brent Oil Price in 2011

The brent oil price rose 15.9% in 2011, from $93.23 at the end of 2010 to $108.09. Its highest close was $126.64 on May 2, and its lowest $93.52 on Jan 4. The biggest one-day fall was −7.9% on May 5 and the biggest rise +4.5% on Feb 22. Adjusted for inflation, it gained 12.6%.

Change in 2011
+15.9%
$93.23 → $108.09
High
$126.64
May 2
Low
$93.52
Jan 4
After inflation
+12.6%
US CPI
Up days
129 of 252
longest run 7 up, 5 down
Below record
-24.9%
at the end of 2011

Brent Oil Price, daily closes 2011

Numbers mark the events below
$97$110$124JanFebMarAprMayJunJulAugSepOctNovDec1Feb 22: Biggest one-day rise of the year: +4.5%.2Mar 11: Tohoku earthquake and tsunami strike northeastern Japan.3May 5: Biggest one-day fall of the year: −7.9%.4Aug 5: Standard & Poor's downgrades the US long-term credit rating from AAA to AA+.

Key Events in 2011

What happened, and how the Brent oil moved — on the day (or the next trading day) and about a month later.

  1. 1
    Tuesday, February 22 From the data
    Biggest one-day rise of the year: +4.5%.
  2. 2
    Friday, March 11
    Tohoku earthquake and tsunami strike northeastern Japan. Source
    Brent oil: 0.0% that day · +10.7% a month later
  3. 3
    Thursday, May 5 From the data
    Biggest one-day fall of the year: −7.9%.
  4. 4
    Friday, August 5
    Standard & Poor's downgrades the US long-term credit rating from AAA to AA+. Source
    Brent oil: −3.0% that day · +5.2% a month later

Biggest days of 2011

Best daysWorst days
Feb 22+4.5%May 5−7.9%
May 10+4.1%Jun 15−4.7%
Aug 11+3.8%Jun 23−4.7%
Feb 24+3.8%Sep 22−4.4%
Sep 7+3.7%Apr 12−4.1%

Volatility: 27.9% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$98.97+6.2%$98.97$93.52
Feb$112.27+13.4%$113.91$99.25
Mar$116.94+4.2%$116.94$110.96
Apr$125.89+7.7%$126.59$118.63
May$117.18−6.9%$126.64$109.39
Jun$111.71−4.7%$120.49$104.57
Jul$115.93+3.8%$118.99$109.82
Aug$116.48+0.5%$116.48$103.06
Sep$105.42−9.5%$117.99$105.42
Oct$108.43+2.9%$114.33$101.84
Nov$111.22+2.6%$115.61$105.98
Dec$108.09−2.8%$110.18$104.00

Other Markets in 2011

Change over the calendar year.

MarketChangeYear-end
Brent Oil Price+15.9%$108.09
Dow Jones Industrial Average in 2011+5.5%12,217.56
S&P 500 in 20110.0%1,257.60
Nasdaq Composite in 2011−1.8%2,605.15
Russell 2000 in 2011−5.5%740.92
Nikkei 225 in 2011−17.3%8,455.35
Gold in 2011+8.9%$1,531.00
Silver in 2011−8.0%$28.18
WTI crude oil in 2011+8.2%$98.83
US 10-year Treasury yield in 2011−1.41 pp1.89%

Brent Oil Price in 2011: FAQ

How much did the brent oil price rise in 2011?

The brent oil price rose 15.9% in 2011, from $93.23 at the end of 2010 to $108.09. Its highest close was $126.64 on May 2, and its lowest $93.52 on Jan 4. The biggest one-day fall was −7.9% on May 5 and the biggest rise +4.5% on Feb 22. Adjusted for inflation, it gained 12.6%.

What were the highest and lowest closes of the brent oil price in 2011?

Highest: $126.64 on May 2, 2011. Lowest: $93.52 on January 4, 2011. It closed higher on 129 of 252 trading days.

What happened to the brent oil price on August 5, 2011?

Standard & Poor's downgrades the US long-term credit rating from AAA to AA+. The brent oil price fell 3.0% that day, and was +5.2% a month later.

Data: Europe Brent spot price (EIA) from 1987, ICE Brent futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.

Cite this page

For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.

APA 7
Corgano. (2026, November 1). Brent oil price in 2011. Corgano Gold Price. Retrieved November 1, 2026, from https://goldprice.corgano.com/market-history/oil-brent/2011
MLA 9
“Brent Oil Price in 2011.” Corgano Gold Price, goldprice.corgano.com/market-history/oil-brent/2011. Accessed 1 Nov. 2026.
Chicago
Corgano. “Brent Oil Price in 2011.” Corgano Gold Price. Accessed November 1, 2026. https://goldprice.corgano.com/market-history/oil-brent/2011.
BibTeX
@misc{corgano2026brentoilpricein, author = {{Corgano}}, title = {Brent Oil Price in 2011}, howpublished = {\url{https://goldprice.corgano.com/market-history/oil-brent/2011}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}
Link
Brent Oil Price in 2011 — Corgano Gold Price: https://goldprice.corgano.com/market-history/oil-brent/2011