Brent crude

  

Definition

Best known of the three benchmark crude oils (the other two are 'West Texas Intermediate' and 'Dubai') against which other crude oils are priced. Light (API Gravity 37.5°) and sweet (having low sulfur/sulphur content), it is a blend of UK's two North Sea oils: Shell Oil Company's Brent-field crude and British Petroleum Company's Ninian-field crude, both of which are past their peak in terms of production which now stands at about 500,000 barrels a day. Also called North Sea Brent crude.

Use Brent crude in a sentence

  • If you are dealing with any brent crude commodity you need to be able to take advantage of the shifting markets.

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  • The brent crude was used to compare our current standing in the marketplace to, as we aimed to learn from comparing.

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  • If you are not sure if the price of your West Texas or Dubai crude oil is fair then use the current price of Brent Crude to determine the average price of all the other crude oils.

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