North Sea brent crude was discovered in the early 1960s. It is now sourced primarily by the United Kingdom, Norway, Denmark, the Netherlands and Germany. Brent crude oil is not as light or as sweet as its counterpart, West Texas Intermediate oil.
Investment dictionary. Academic. 2012.
North Sea oil — is a mixture of hydrocarbons, comprising liquid oil and natural gas, produced from oil reservoirs beneath the North Sea. In the oil industry, the term North Sea often includes areas such as the Norwegian Sea and the area known as West of Shetland … Wikipedia
North Sea — For other uses, see North Sea (disambiguation). North Sea Location Atlantic Ocean Coordinates … Wikipedia
Brent Crude — is the biggest of the many major classifications of oil consisting of Brent Crude, Brent Sweet Light Crude, Oseberg and Forties. Brent Crude is sourced from the North Sea. The Brent Crude oil marker is also known as Brent Blend, London Brent and… … Wikipedia
Brent (disambiguation) — For the origin of the name see Brent Articles on Brent include:Place names*the London Borough of Brent *the River Brent which runs through the Boroughs of Barnet, Brent, Ealing and Hounslow. *the Brent oilfield (named after the goose) in the… … Wikipedia
List of oil and gas fields of the North Sea — This list of oil and gas fields of the North Sea contains links to oil and natural gas reservoirs beneath the North Sea. In terms of the oil industry, North Sea oil often refers to a larger geographical set, including areas such as the Norwegian… … Wikipedia
crude oil — 1. A naturally occurring mixture, consisting predominantly of hydrocarbons and/or of sulfur, nitrogen, and/or oxygen derivatives of hydrocarbons, which is capable of being removed from the earth in a liquid state. Basic types of crudes are… … Petroleum refining glossary
Brent Spar — or Brent E, was a North Sea oil storage and tanker loading buoy in the Brent oilfield, operated by Shell UK. With the completion of a pipeline connection to the oil terminal at Sullom Voe in Shetland, the storage facility had continued in use but … Wikipedia
List of crude oil products — In the international petroleum industry, crude oil products are traded on various oil bourses based on established chemical profiles, delivery locations, and financial terms. The chemical profiles, or crude oil assays, specify important… … Wikipedia
Brent — Brent blend is a benchmark crude oil from the UK North Sea against which other crude oils are priced. It is widely used as an indicator of the price of oil beyond energy markets. It is traded on forward markets and is the basis of futures and… … Financial and business terms
Brent Blend — A type of sweet crude oil that is used as a benchmark for the prices of other crude oils. Brent blend is most often found in parts of the North Sea off the coast of the U.K. and Norway. Brent blend makes up more than half of the world s globally… … Investment dictionary
