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> Brent Crude
Brent Crude is another kind of oil. It is a sweet light crude oil extracted from the North Sea. It is considered sweet oil due to its sulfur content (0.37%). Its production is located in Europe, Africa and Middle East. This product is excellent for the production of middle distillates and gasoline. Moreover, it is commonly used to establish oil prices around the world. Regarding prices, it is less expensive than WIT (West Texas Intermediate) basket but more expensive than OPEC (Organization of Petroleum Exporting Countries) basket. Wanting more information? Read the following articles.
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