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

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 […]

Published September 16, 2015

By LizOutLoud

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

      

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