Reuters  Oct 1  Comment 
* Russian, U.S. air strikes in Syria introduce Brent risk premium
newratings.com  Sep 30  Comment 
WASHINGTON (dpa-AFX) - Cash America International, Inc. (CSH) announced that its Board has selected Brent Stuart, the company's current President and COO, to become the company's President and CEO, effective November 1, 2015 following...
Yahoo  Sep 30  Comment 
Oil prices were mixed in volatile trade on Wednesday, with global benchmark Brent up on worries about Russian airstrikes in Syria but U.S. crude down after data showed a surge in domestic inventories. Oil prices were broadly boosted in early trade...
The Economic Times  Sep 28  Comment 
Asian stock markets were sluggish on Monday morning while Brent oil remained soft, edging down to just above $48 a barrel.
Reuters  Sep 25  Comment 
* S&P cuts 2015 price assumptions for Brent and WTI by $5 (Updates prices, adds U.S. GDP data)
Reuters  Sep 23  Comment 
A planned shutdown of Britain's North Sea Buzzard oilfield is likely to be rescheduled to November from October, an industry source said, which would boost next month's supply of the crude that helps underpin the Brent benchmark.
WA Business News  Sep 22  Comment 
US oil prices have fallen while Brent, the international benchmark, rose for a second day as traders continued to weigh the global oversupply and weak demand growth.
Yahoo  Sep 22  Comment 
Brent settled up while U.S. crude finished down 2 percent but off its lows after a partial pipeline outage and bets of positive U.S. inventory data helped oil offset some of Tuesday's skittish sentiment caused by weak Wall Street stocks. Traders...
Reuters  Sep 22  Comment 
Brent settled up while U.S. crude finished down 2 percent but off its lows after a partial pipeline outage and bets of positive U.S. inventory data helped oil offset some of Tuesday's skittish sentiment caused by weak Wall Street stocks.
Yahoo  Sep 21  Comment 
Oil prices rallied on Monday, with U.S crude surging more than 4 percent on signs of declining stockpiles, less drilling that could reduce future output and a jump in gasoline futures that boosted the overall petroleum complex. Global oil...


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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