What does brent crude mean?

Definitions for brent crude
bren·t crude

This dictionary definitions page includes all the possible meanings, example usage and translations of the word brent crude.

Wikipedia

  1. Brent Crude

    Brent Crude is a major trading classification of sweet light crude oil that serves as a benchmark price for purchases of oil worldwide. This grade is described as light because of its relatively low density, and sweet because of its low sulphur content. Brent Crude is extracted from the North Sea and comprises Brent Blend, Forties Blend, Oseberg and Ekofisk crudes (also known as the BFOE Quotation). The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum. Brent is the leading global price benchmark for Atlantic basin crude oils. It is used to price two thirds of the world's internationally traded crude oil supplies.

Wikidata

  1. Brent Crude

    Brent Crude is a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide. This grade is described as light because of its relatively low density, and sweet because of its low sulfur content. Brent Crude is extracted from the North Sea and comprises Brent Blend, Forties Blend, Oseberg and Ekofisk crudes. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum. The other well-known classifications are the OPEC Reference Basket, Dubai Crude, Oman Crude, Urals oil and West Texas Intermediate. Brent is the leading global price benchmark for Atlantic basin crude oils. It is used to price two thirds of the world's internationally traded crude oil supplies.

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Numerology

  1. Chaldean Numerology

    The numerical value of brent crude in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of brent crude in Pythagorean Numerology is: 2

Examples of brent crude in a Sentence

  1. Morgan Stanley:

    Brent crude prices (are) attempting to rally on rapid week-on-week reduction in U.S.... rig count.

  2. Bjarne Schieldrop:

    Reports of unsold physical cargoes in the North Sea combined with a Brent crude oil contango that shows no signs of tightening are a warning that the market is currently not tightening up into the high demand season as one should expect.

  3. Jasper Lawler:

    Brent crude above $35 per barrel and copper above $2 per pound should be enough to fend off commodity sector bears into the year end.

  4. Bjarne Schieldrop:

    With a large win for Boris Johnson in the UK general election and an 'almost there' for the U.S.-China trade war, it's up we go for Brent crude, oil demand growth will likely rebound along with a rebound in global manufacturing.

  5. Mihir Kapadia:

    The risk-off mood that has been pervasive in the markets in the last few days has taken hold of oil prices, with weakness in Asian markets and a strong dollar contributing to Brent crude dripping back below $50 per barrel, there are some that think that the recent recovery in prices is due to temporary supply issues and not to do with any strengthening demand on the back of a robust global economy.

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"brent crude." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/brent+crude>.

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