QUOTE AND NEWS
FX Street  Jan 18  Comment 
WTI Oil March Contract Oil came sharply lower on Friday, reaching 78.09. Overnight moves have... For more information, read our latest forex news and reports.
Mondo Visione  Jan 15  Comment 
On January 14, 2010 futures Urals (UR-01.10) and Brent (BR-01.10) futures contract expired.
Mondo Visione  Jan 13  Comment 
In accordance with the resolution issued by the Derivatives Market Committee, gold futures and Brent futures spreads between the current and the next contract month which have an inter-month spread coefficient set at 1 will be available on FORTS...
Reuters  Jan 7  Comment 
State-run Indian Oil Corp (IOC) bought 4 million barrels of West African crude in its tender for February or March loading cargoes, trade sources said on Thursday.
Reuters  Jan 6  Comment 
Oil eased on Wednesday after U.S. data showed weak mortgage demand in the world's top energy consumer, halting a nine-day rally that has lifted crude futures by 14 percent due to cold weather and geopolitical jitters.
Globe Newswire  Jan 4  Comment 
TALLAHASSEE, Fla., Jan. 4, 2010 (GLOBE NEWSWIRE) -- A poignant look at a terrifying past, a recollection of a sixty-one-day ordeal, and a life haunted by the effects of terrorism unfold in acclaimed author Patricia Camburn Behnke's Two Moons in
Reuters  Jan 1  Comment 
Oil finished the year above $79 a barrel on Thursday, climbing a whopping 78 percent in 2009 and notching the biggest annual gain in a decade.
The Globe and Mail  Dec 29  Comment 
Glitches in its computer reservations system made for some unfriendly skies in 2009, but a loyalty program, added destinations and a few novel seating ideas may fuel better days ahead, the CEO tells reporter Brent Jang
Wall Street Journal  Dec 24  Comment 
Crude futures extended their gains to a fresh three-week high, supported by positive equity markets, a weaker dollar and recent declines in U.S. oil stocks.
Gold Stocks Today  Dec 22  Comment 
No drill results? No worries. Good geology, good management, a good cash position and a good stock price are good enough to coax renowned exploration analyst (and geologist) Brent Cook into buying junior prospect generators and explorers. He...



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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.)

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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