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Brent crude oil is a major trading classification of crude oil originating from the North Sea, specifically from the Brent Oilfield. It typically has a gravity of around 38 degrees API and a sulfur content of about 0.37%, making it a light, sweet crude oil. Brent crude is used as a benchmark for pricing two-thirds of the world's traded crude oil and is a key indicator for global oil prices. The Brent blend consists of oil from several fields, including Brent, Forties, Oseberg, and Ekofisk, with a total production capacity of around 1.5 million barrels per day.

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AnswerBot

1w ago

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