IQ Option Crude oil Brent
Trimer investing Report by Lin Wai Hwa Platform: IQ Option Crude oil Brent Information: Brent crude is derived from the North Sea including Brent Blend, Ekofisk crudes, Oseberg and Forties Blend. Brent blend is light crude oil (LCO) which have roughly 0.37% of Sulphur, nevertheless not as sweet as West Texas intermediate (WTI). It can be used of refining of petrol, diesel fuel and other very needed products. Oil (Brent) Price Per 1 Gallon 1.42 USD 1 Barrel ≈ 158,98 Liters Oil (Brent) Price Per 1 Liter 0.37 USD 1 Barrel = 336 Pint Brent Crude is universally threshold for the pricing of two third of global crude oil supplies. The reason of the name Brent crude is due to the reason its production in Brent oilfield, UK. In accordance to the past Brent crude oil price graph, the commodity got a record low of $2.23 in May 1970 and a record high of $147.02 in July 2008. Brent crude oil is known as blended oil (a mix of oseberg, ekofisk, forties, and brent get from the gr...