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Brent Crude

What does Brent Crude mean?

A classification of crude oil that has light and sweet characteristics that is one of the main benchmark crude used to pricing and purchasing, which is primarily sourced from the North Sea and includes Brent Blend, Forties Blend, Oseberg and Ekofisk crude oils. 

Futures Knowledge Explains Brent Crude

Brent Crude isn't as light West Texas Intermediate as it has a lower API Gravity at 38.06 (vs. 39.6 of WTI) and is less sweet with a higher sulphur content at 0.37% (vs. 0.24% of WTI).

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