Brent crude

Brent crude is one of the most important benchmark crude oils. Two thirds of the world's internationally traded crude oil supplies are priced relative to it. The benchmark oil is a combination of crude oil from 15 different oil fields in the Brent and Ninian areas of the North Sea.

The API gravity of Brent is 38.3 degrees and it contains little sulphur making it a “light sweet” crude oil.

Brent crude spot prices are available from several sources on the internet including WTRG and Bloomberg. Brent futures prices can be found at ICE Futures.

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