Brent (oil)

Brent oil is one of the most traded in the world flocks, it is considered as the global benchmark for the crude oil market, resulting in approximately 60% of market prices.

Chemically, Brent oil comes from the mixture of different types of oil extracted in the North Sea; in particular:

     Brent Blend,
     Forties Blend,
     Oseberg
     Ekofisk

Brent oil is mainly traded on the London International Petroleum Exchange and is generally more expensive (even compared to WTI that is qualitatively superior) because conditioned by transport costs and the growing demand from Asian markets.