What is Brent crude?

Brent crude – also referred to as Brent blend – is one of three major oil benchmarks used by those trading oil contracts, futures and derivatives. The other two major benchmarks are West Texas Intermediate (WTI) and Dubai/Oman, though there are many smaller oil varieties traded as well..

Why is Brent crude considered a benchmark for premium oil?

So, crude oil that is both light and sweet is easier to refine. And these two qualities make up the benchmark for premium oils. Brent Crude is often considered the global benchmark for oil because roughly two-thirds of the world's oil is priced off Brent Crude futures.

How to invest in Brent Oil?

You can invest in brent oil with IFC Markets by opening an account quickly and easily. To trade Brent oil successfully, you can use our oil trading strategies. Real-time quotes help traders analyze and set effective prices to trade commodities.

What is the difference between WTI & Brent crude?

Brent Crude is extracted from the North Sea near Europe; its oil fields include Brent, Ekofisk, Forties, and Oseberg. WTI has an API gravity of 39.6°, making it very "light." Brent has an API gravity of 38°—still quite light, but it's not as light as WTI.