A particular type of crude oil that is a light, sweet oil produced in the North Sea with most of it being refined in Northwest Europe. Brent can be thought of as a benchmark oil for Europe. Futures and options are traded primarily on Brent on the International Petroleum Exchange in London. Futures contracts also are traded on the New York Mercantile Exchange.
Brent crude oil - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"Brent crude oil." YourDictionary, n.d. Web. 06 December 2018. <https://www.yourdictionary.com/brent-crude-oil>.
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Brent crude oil. (n.d.). Retrieved December 06th, 2018, from https://www.yourdictionary.com/brent-crude-oil
