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Brent Blend
(redirected from Brent Crude)

    Also found in: Wikipedia 0.01 sec.
Brent Blend
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.
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Oil prices dropped on Thursday, with Brent crude striking its lowest level for three and a half years close to 50 dollars a barrel in London as traders anticipate a protracted slump in energy demand.
Oil price hits 3.5-year low in London by AFP / AFP Global Edition
London's Brent crude contract for June slid 95 cents to $124.
Oil prices extend losses by Times of Oman (Muscat, Oman)
Brent crude futures rose to more than EUR103 in London yesterday.
BUSINESS TODAY: Prices set new record; in association with RBS OIL by The Journal (Newcastle, England)
 
 
 
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