Brent Crude

Brent crude is one of the three major oil benchmarks used in trade oil contracts, futures and derivatives.
It is also called Brent oil, Brent blend, and London Brent.
The other two major benchmarks are West Texas Intermediate (WTI) and Dubai/Oman, though there are many smaller oil varieties traded as well.
Brent crude is the most traded of all of the oil benchmarks.
Most oil is priced using Brent crude as a benchmark, equivalent to two-thirds of all oil prices.
Brent blend is not traded directly in real-time, but brent futures are traded on the Intercontinental Exchange (ICE) as well as NYMEX, with delivery dates for all 12 months of the year.
Oil benchmarks provide a useful way for oil traders and speculators to know which type of oil they are trading. Oil from different fields varies in value thanks to its use in different industries, and varying ease of transport.
This grade is described as light because of its relatively low density, and sweet because of its low sulfur content. This makes it easy to refine into diesel fuel and gasoline.
Brent Crude is extracted from the North Sea and comprises Brent Blend, Forties Blend, Oseberg and Ekofisk crudes (also known as the BFOE Quotation).
Its relative ease of transporting being produced at sea, make it so widely traded.
The Brent Crude oil marker is also known as Brent Blend, London Brent, and Brent petroleum.
Brent crude is extracted from the North Sea and includes Brent blend, Fortis blend, Oseberg and Ekofisk crude (also called BFOE quotation).
Its relatively easy to transport is being produced at sea, making it such a widespread trade.
Brent crude oil markers are also known as Brent Blend, London Brent, and Brent Petroleum.

 

A

Abandoned Baby | Account Statement Report | Account Value | Accumulation Area | Accumulative Swing Index ASI | Address | ADDY | ADP National Employment Report | Advance Or Decline Index | Afghanistan Afghanis | Agency Model | Aggressor | Alan Bollard | Alan Greenspan | Albania Leke | Algerian Algeria Dinars | Alligator | Altcoin | Analysts | Andrews Pitchfork | Angela Merkel | Angola Kwanza | Anti Money Laundering AML | ANZ Commodity Price Index | Application Programming Interface API | Appreciation | Arbitrage | Argentina Pesos | Armenian Drams | Aroon Oscillator | Aroon Up And Down | Aruban Guilder | Ascending Channel | Ascending Trend Line | Ascending Triangle | ASIC Mining | Asset | Asset Purchase Programme APP | Asset Purchases | Asymmetric Encryption | Asymmetric Slippage


B

Bag | Bag Holder | Bahmas Dollars | Bahrain Dinars | Bail In | Bail Out | Balance Of Trade | Baltic Dry Index | Bangladesh Taka | Bank Levy | Bank Of Canada BOC | Bank Of England BOE | Bank Of International Settlement BIS | Bank Of Japan BoJ | Bank Run | Bank Run | Banking Institutions | Bar Chart | Barbados Dollars | Base Currency | Base Rate | Basing | Basing Point | Bear | Bear Flag | Bear Market | Bear Trap | Bearish | Binary Options | Bitcoin Cash | Bitcoin Maximalist | Bitcoin Or BTC | Block | Block Explorer | Block Header | Block Height | Block Reward | Blockchain | Blue Chip | Bolivia Bolivianos | Bollinger Bands | Bond | Bond Auction | Bond Yeild | Book | Boris Schlossberg | Botswana Pulas | Brazilian Brazil Real | Breakdown | Breakeven | Breakout | Brent Crude | Bretton Woods Agreement Of 1944 | BRIC | Broadening Formation | Broker | BTD | BTFD | Bucket Shop | Bulgarian Leva | Bull | Bull Flag | Bull Market | Bull Trap | Bullish | Bullish Engulfing Pattern | Bundesbank | Burundi Francs | Business Inventories | Buy Side | Buying Pressure


C

Cable | Camarilla Pivot Points | Cambist | Cambodian Riels | Canadian Dollar | Cape Verde Escudos | Carbon Credits | Cardano ADA | Carry Trade | Cash Market | Catalyst | Cayman Islands Dollars | Cboe Eurocurrency Volatility Index | Central Bank | Central Bank Digital Currency | Central Bank Intervention | Central Counterparty Clearing Houses CCPs | Central Limit Order Book Or CLOB | Chaikin Oscillator | Chart Pattern | Chartist | Chicago PMI | Chilean Peso | Chinese Renminbi | Chinese Yuan | Christine Lagarde | Circulating Supply | Cleared Funds | Clearing | Clearing Price | Client | Closed Position | Cloud Mining | Coin Age | Cold Storage | Collateral | Colombian Pesos | Comdoll | Commercial Corporations | Commission | Commitments Of Traders Report Or COT | Commodity | Commodity Channel Index Or CCI | Commodity Futures Trading Commission CFTC | Commodity Research Bureau Index | Commodity Trading Advisor CTA | Communaute Financiere Africaine Francs | Comoros Francs | Completeness | Compound COPM | Comptoirs Francais Du Pacifique Francs | Conference Board Consumer Confidence Index CCI | Confirmation | Confluence | Congo Congolese Francs | Consensus Algorithm | Consolidation | Consumer Price Index CPI


E

Economic Indicators



FOREX TRADING CURRENCY CONVERTER
Amount
Select Source Currency
Select Target Currency
Close x