page_title: Brent Crude
section_title: Brent crude oil futures contracts
hierarchical_section_title: Brent Crude / Brent crude oil futures contracts
caption_attribution_description: Deutsch: Ölpreis der Sorte Brent in Dollar und Euro pro Barrel von 1998 bis 2012 English: Brent crude oil prices from 1998 to 2012 (in dollars and euros per barrel)
context_page_description: Brent Crude may refer to any or all of the components of the Brent Complex, a physically and financially traded oil market based around the North Sea of Northwest Europe; colloquially, Brent Crude usually refers to the price of the ICE Brent Crude Oil futures contract or the contract itself. The original Brent Crude referred to a trading classification of sweet light crude oil first extracted from the Brent oil field in the North Sea in 1976. As production from the Brent oilfield declined over time, crude oil blends from other oil fields have been added to the trade classification. The current Brent blend consists of crude oil produced from the Brent, Forties, Oseberg, Ekofisk, and Troll oil fields.
  The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum. This grade is described as light because of its relatively low density, and sweet because of its low sulphur content.
  Brent is the leading global price benchmark for Atlantic basin crude oils. It is used to set the price of two-thirds of the world's internationally traded crude oil supplies.
caption: Brent crude oil prices (in dollars and euros)
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