Reuters  7 hrs ago  Comment 
U.S. crude oil futures plunged by nearly $2 and Brent crude oil futures fell by more than $1 per barrel on news that the 115,000-barrel-per-day Coffeyville, Kansas, refinery could be down for four weeks following a July 29 fire.
Bloomberg  10 hrs ago  Comment 
WTI Drops Below $100 as U.S. Fuel Supplies Rise West Texas Intermediate dropped for a fourth day, slipping below $100 a barrel, as the dollar headed for its biggest monthly...
Benzinga  11 hrs ago  Comment 
Brent crude oil looked poised to post its largest monthly loss in more than a year on Thursday as it traded at $105.72 at 7:45 GMT. The commodity was under pressure as data indicated that global supply may be far surpassing demand. On...
Reuters  Jul 31  Comment 
* OPEC oil output rises in July from June - Reuters survey
Benzinga  Jul 30  Comment 
Brent crude oil traded steadily at $107.52 at 7:00 GMT on Wednesday morning as investors anxiously awaited the Federal Reserve meeting outcome as well as key U.S. data, due out on Wednesday and Friday. The commodity has been under pressure...
MarketWatch  Jul 29  Comment 
Oil futures see mixed trade, with the U.S. benchmark slipping on expectations for ample supplies while Brent, the global benchmark, gets a boost from increasing tensions over Ukraine and Mideast turmoil.
Benzinga  Jul 29  Comment 
Brent crude oil was steady above $107 as investors kept an eye on global instabilities, but relaxed their worries about a supply interruptions as the market appears to have a glut of crude. The commodity traded at $107.61 at 7:30 GMT with the...
Resource Investor  Jul 28  Comment 
West Texas Intermediate and Brent crudes fell before U.S. economic data that may signal slowing growth, curbing fuel use in the biggest oil-consuming nation.


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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