Brent crude dropped almost 3% during the latest week to settle at $41.86 a barrel, the third weekly loss in four. Losses came amid fears about fuel demand recovery after a spike in coronavirus infections worldwide and as crude exports from Libya resume.

Historically, Brent crude oil reached an all time high of 147.50 in July of 2008. Brent crude oil - data, forecasts, historical chart - was last updated on September of 2020.