QUOTE AND NEWS
Reuters  Jul 29  Comment 
Oil prices fell to their lowest levels since April on Friday, with Brent on track for its biggest monthly loss since December 2015, pressured by slowing economic growth that threatened to increase a supply overhang of crude and refined products.
Automotive World  Jul 28  Comment 
Jacques Brent has served as president of Ford’s Middle East and Africa region since July 1, 2016.  He leads Ford’s operations in the 67 markets which comprise MEA, the company’s newest business unit, and the final frontier of global...
WA Business News  Jul 26  Comment 
US crude prices have fallen, hitting three-month lows, on renewed worries of a glut while Brent settled higher due to its better fundamentals versus US crude.
Yahoo  Jul 26  Comment 
Oil on Tuesday hit its lowest since May, falling towards $44 a barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply. Brent crude is still up more than 60 percent from a 12-year low near...
Benzinga  Jul 20  Comment 
Godaddy Inc (NYSE: GDDY) enjoys a leading position and has “multiple expansion levers in place,” UBS’s Brent Thill said in a report. He maintained a Buy rating on the company, with a price target of $42. GoDaddy is targeting a sizable...
OilVoice  Jul 20  Comment 
Oil price WTI expires at the close tonight so there maybe unusual movements and the Brent differential usually widens then narrows with the new contract. Weakness yesterday was put down to the oversu
Reuters  Jul 20  Comment 
Oil futures were mixed on Wednesday with Brent posting limited gains and U.S. crude trading sideways in advance of the release of official weekly inventory figures later in the day.
The Times of India  Jul 14  Comment 
Oil prices recovered more than $1 a barrel from sharp losses on Thursday but brokers said the downtrend could resume soon as record-high stocks and worries over slowing economic growth dampened sentiment. Brent crude oil was up $1.05 at $47.31 a...
The Hindu Business Line  Jul 13  Comment 
Credit Suisse raises price forecasts for Brent, U.S. crude




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This article is about prices for futures contracts on a specific kind of oil. For oil prices in general, see the article on Oil Prices.

Brent Crude (also known as Brent Blend, London Brent, and Brent petroleum) is a crude oil sourced from the North Sea (the region between the British Isles, mainland Europe, and Scandinavia). It is generally classified as a light, sweet crude blend, thereby making it easy to refine. It is however, not as light as light crude (often referred to as West Texas Intermediate to distinguish the somewhat confusing nomenclature).

Prices, Tickers, and Delivery Dates

Brent Crude futures are traded on the New York Mercantile Exchange under ticker symbol BZ. Futures contracts are delivered every month of the year. (For more information on commodity tickers, check out the commodity ticker construction page.)

While Brent Crude futures have, as with most other important energy commodities, been always traded in US Dollars per barrel, Singapore's pan-Asian multi-product commodity and currency derivatives exchange - the Singapore Mercantile Exchange (SMX) - currently lists Brent Crude Futures Contracts priced in Euros[1], in a move to provide alternative, unique hedging strategies, which would benefit participants with Euro-related business considerations for example.

To-date SMX[2] is the first global exchange for Brent Crude with Euro-denominated contracts[3], and is also the first Asian exchange to list futures contracts for both Brent Crude and West Texas Intermediate Crude[4].

Light vs Heavy Crude

Heavy crude oil is typically defined as having a specific gravity greater than .933; however the distinction is often more functional than empirical, with any crude being labeled "heavy" that does not flow as well as its light counterpart.

Sweet vs Sour Crude

What makes crude oil "sweet" is a low sulfur content (typically < 0.5%) which results in lower refinery costs and fewer impurities. While this is generally the crude oil refined into gasoline, some refining companies, notably Valero Energy (VLO), have developed refining processes that allow them to refine more challenging, but cheaper, higher-sulfur petroleum.

See Also

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