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Brent Blend |
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Brent Blend Also known as Brent crude; a blend of light, sweet crude oil drilled in the North Sea. Brent blend futures are traded on the International Petroleum Exchange and are considered an important benchmark for oil prices: much of the oil coming the Middle East, Africa, and Europe is priced relative to Brent blend. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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. 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. 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. |
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