Mansa Markets/Commodities/Crude Oil (Brent)
Energy · Africa ~9% of global supply

Crude Oil (Brent) Price.

Brent is the benchmark that prices most African crude, and oil revenues still shape the budgets of Nigeria, Angola, Libya and Algeria. When Brent moves, it moves currencies, fiscal plans and listed energy names across the continent.

Global benchmark
$84.36
-4.83%USD per barrelEIA Open Data API · 17 Jun 2026
African layer

Country-level prices

What the farmer is actually paid — farmgate, exchange and export prices the global benchmark never shows.

Landing soon

Country-level farmgate and exchange prices for crude oil (brent) — sourced from Nigeria, Angola, Libya regulators — are being wired in. Each will carry its source, cadence and as-of date.

History

Benchmark price history

23 Mar 202615 Jun 2026
Production

Africa's role

Africa's share
Africa ~9% of global supply
Top producers
Nigeria · Angola · Libya · Algeria
Seasonality
Produced year-round; African fiscal budgets — Nigeria and Angola especially — are tightly geared to the Brent price.
Methodology

The global benchmark is sourced from public EIA/FRED series. African country-level prices are seasonal regulator announcements and exchange reports, each stored with its source, cadence and as-of date. Prices are for informational purposes only and are not real-time.

Frequently Asked

Crude Oil (Brent) FAQ

Which African countries produce the most oil?
Nigeria, Angola, Libya and Algeria are Africa's largest crude producers. Nigeria and Angola in particular depend heavily on oil revenue for government budgets.
What is Brent crude?
Brent is the leading international crude oil benchmark, used to price a large share of the world's — and most of Africa's — crude exports.
Are these oil prices real-time?
No — this is the benchmark layer, refreshed on its source's cadence, not a live trading feed.