Noun
Brent crude (uncountable)
A major trading classification of sweet light crude oil that serves as one of the benchmark prices for oil purchases worldwide.
Analysts at Goldman say Brent crude, the international benchmark, will remain around $20 in the second quarter — down from $29 a barrel now — but the price of the U.S. benchmark should drop “well below $20 a barrel. Source: Internet
A report by Reuters showed that Brent crude (LCOc1) was up 52 cents, or 1.2 per cent, at $45.02 a barrel by 0648 GMT, after falling around 1 per cent on Tuesday. Source: Internet
As of 10:07 a.m, WTI Crude plunged by 5.27 percent at $35.11, and Brent Crude was plummeting by 4.98 percent at $36.89. Source: Internet
Brent crude futures soared to a high of $70.27 a barrel at 0222 GMT, up $1.67, or 2.4 per cent, from Friday's settlement. Source: Internet
At the time of writing Brent crude futures prices had gained 22%. Source: Internet
Brent crude edged 0.60% lower to USD43.40 a barrel, and WTI fell a modest 0.70% to USD40.70 a barrel. Source: Internet