Brent Crude

classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide From Wikipedia, the free encyclopedia

Brent Crude

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Brent Crude is a major trading classification of crude oil. It is one of the two main benchmark prices for purchases of oil worldwide, the other being West Texas Intermediate. This is described as light because of its low density, and sweet because of its low sulphur content.^[1]^[2]

Thumb — Location of the Brent oil platform in the North Sea

Thumb — Monthly average Brent spot prices since May 1987

References

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