Brent Crude Oil (BZ) October (V) contract study: year-by-year results, the day-by-day shape of the move and where highs and lows printed.
Contract Almanac · Brent Crude
Every clean October Brent contract 2013–2025, measured over its tenure as the lead contract · Typically leads Jul 29 – Aug 27
The October contract leads from late July through most of August, and it is the Brent board’s round-tripper: only 2 of 12 tenures finished within five sessions of their defining extreme, the lowest trender count in our entire energy study. Whatever move this contract makes mid-tenure, it has usually given a piece back by the hand-off.
Each year is one contract, measured from the open of the day it took over the lead to the close of the day it handed off, the same roll convention used across all Traders Brief research. One honesty note specific to Brent: the contract’s early CME-era history contains roll irregularities, and those irregular tenures are excluded, leaving 11 to 14 clean observations per month rather than the full 16 available elsewhere. The counts shown are the cleaned record. All highs and lows are the contract’s own trades, marked by trading day of the tenure, not calendar day.