There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...
A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are calculated by ...
The West Texas Intermediate for March delivery added 60 cents, or 0.82 percent, to settle at 73.77 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 41 ...