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Brent Blend

   Also found in: Wikipedia 0.04 sec.
Brent Blend
A type of sweet crude oil that is used as a benchmark for the prices of other crude oils.

Notes:
The brent blend is a mix of crude oil from several facilities in the Ninian and Brent fields on the North Sea.
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and the oil price is based on an average dated Brent price less a quality/transportation differential between the dated Brent blend and the Yemen Masila crude oil blend.
TransGlobe Energy Corporation Announces 2005 Year End and Fourth ... by Business Wire
and the oil price is based on an average dated Brent price less a quality/transportation differential between the dated Brent blend and the Yemen Masila crude oil blend.
TransGlobe Energy Corporation Announces 2004 Year End and Fourth ... by Business Wire
Brent Blend, to give it its full name, is used as the marker grade for much of the oil production in Europe, Africa and the Middle East.
Platts' Changes to Its Benchmark Crude Oil Price Methodology Spurs ... by Business Wire
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