About Brent Crude Oil (BRNUSD)

Oil - Brent Crude is a type of trading asset that represents a specific grade of crude oil. It is widely recognized as a global benchmark for oil prices and is used to price approximately two-thirds of the world's internationally traded crude oil supplies. Brent Crude is extracted from the North Sea and is known for its relatively low sulfur content, making it desirable for refining into gasoline and diesel fuel. This trading asset is commonly traded in the commodities market, allowing investors to speculate on the price movements of Brent Crude.