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UPI Energy Watch

Russia eyes direct nuclear fuel supply to Western Europe; India still eyes role in IPI pipeline; Beltranshaz picks new board
KRISHNADEV CALAMUR, UPI International Security Editor

UPI Energy Watch

Turkey, Iran in gas talks; Sinopec to sell bonds to generate revenue; Sakhalin-2 faces construction problems under Gazprom
ANDREA MIHAILESCU

UPI Energy Watch

Eni inks deal with Kazakhstan, ends spat; SOCAR acquires Azerbaijani segment of pipeline; Sakhalin Energy to build pipeline fault crossings
ANDREA MIHAILESCU

UPI Energy Watch

PetroChina seeks to double reserves; Iran to export gas to Europe to strengthen status; CNOOC inks LNG deal with shipping group
ANDREA MIHAILESCU

UPI Energy Watch

Japan, China in talks over disputed gas field; Tatneft selects Shell to develop field; PetroChina to launch IPO
ANDREA MIHAILESCU

UPI Energy Watch

India to skip IPI talks over transit fees; Deal on Kovykta field delayed; CNOOC, COSCO in energy deal
KRISHNADEV CALAMUR, UPI International Security Editor

UPI Energy Watch

TNK-BP eyes Venezuelan market; Nord Stream aims to build pipeline on deadline; French, Iranian firms in LNG talks
ANDREA R. MIHAILESCU

UPI Energy Watch

Mexico to increase gasoline prices; Venezuela, Russia in venture talks; Nigerian navy arrests 236 ships in illegal oil activities
ANDREA R. MIHAILESCU

UPI Energy Watch

Gazprom in talks with Japanese banks on Sakhalin-2; Indian oil firms eye Qatar's LPG sector; Libya shortlists Indian oil firm to bid for block
ANDREA R. MIHAILESCU

UPI Energy Watch

Gazprom to release plan for Kovykta development by year’s end; Russia, OPEC in oil talks; Algeria, Spain end gas spat
ANDREA R. MIHAILESCU

UPI Energy Watch

Gazprom, Total to finalize deal in 2009; Gazprom to increase gas prices for Armenia; Yemen launches another oil bidding round
ANDREA R. MIHAILESCU

UPI Energy Watch

Russia, China in gas talks; Gazprom to develop fields in Eastern Siberia; Brazil’s Petrobras eyes offshore investments
ANDREA R. MIHAILESCU

UPI Energy Watch

Gazprom to select second partner at Shtokman; Gazprom to set up its own environmental watchdog; Canada can’t find client for nuke plant
ANDREA R. MIHAILESCU, UPI Energy Correspondent

UPI Energy Watch

LUKoil to explore for oil in Indonesia; Lithuania faces pipeline repair difficulties; Norway’s Norsk Hydro takes stake in Indian block
ANDREA R. MIHAILESCU, UPI Energy Correspondent

UPI Energy Watch

OPEC hints at keeping production steady; Blast in Iran-Turkey pipeline disrupts supplies; India mulls raising gasoline, diesel prices
KRISHNADEV CALAMUR, UPI International Security Editor
Page 19 of 32
Wiki

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 Brent petroleum. It is used to price two thirds of the world's internationally traded crude oil supplies.

The other well-known classifications (also called references or benchmarks) are the OPEC Reference Basket, Dubai Crude and West Texas Intermediate (WTI).

The name "Brent" comes from the naming policy of Shell UK Exploration and Production, operating on behalf of Exxon and Shell, which originally named all of its fields after birds (in this case the Brent Goose). It also refers to the formation layers—Broom, Rannoch, Etive, Ness and Tarbert, which are named after geographical features—lochs and glens—of the Scottish Highlands).

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Brent Crude."
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