Brent Crude: Should It Still Be Our Global Oil Benchmark?

Brent Crude: Should It Still Be Our Global Oil Benchmark?

September 16, 2015
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By hellenicshippingnews Brent crude oil—a blend of crudes from different fields in the North Sea—is the primary benchmark for international oil prices today, serving as the price reference for roughly two-thirds of the world’s traded oil volume. Yet there are growing doubts about its suitability for that role. Is Brent crude oil sufficiently representative of the dynamics … Read full story ›

Source:: Hellenic shipping news Oil