Characteristics of Brent Crude

Q.  Which of the following statements is/are correct about Brent crude oil?

1. It is classified as sweet crude oil.
2. It is sourced from north sea.
- Published on 21 Dec 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both
 
- Brent Crude is a major trading classification of sweet light crude oil
- It serves as a major benchmark price for purchases of oil worldwide.
- Sweet crude oil is a type of petroleum with less than 0.42% sulfur.

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