Pricing & benchmarksbrent
Brent
The global crude oil benchmark for Atlantic basin, European and African grades.
Brent is the global price benchmark for light, sweet crude oil. It's based on a basket of North Sea fields (Brent, Forties, Oseberg, Ekofisk, Troll — BFOET).
Physical crude from West Africa, the Mediterranean, and much of Europe prices vs Dated Brent (the next available physical cargo) with a differential. ICE Brent futures settle vs the dated assessment.
OilFlow tracks Dated Brent, ICE Brent prompt, and the Brent-Dubai EFS spread daily in intel snapshots.
Frequently asked
- What does Brent mean in oil and commodity trading?
- The global crude oil benchmark for Atlantic basin, European and African grades.
- How do I check a counterparty that uses Brent in a deal?
- The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against OilFlow's first-party fraud-cluster corpus in seconds, and confirm identity documents and banking details independently before you transact.
See also
Seen this term in a live pitch?
These terms show up in real deal pitches — some legitimate, some not. The free check screens the counterparty behind the pitch against OilFlow's first-party-investigated fraud-cluster corpus in seconds. It queries no sanctions list.
Is the offer in your inbox real?
A written read within three business days: the broker-scam cluster corpus, a cached US sanctions pre-screen and the 235-jurisdiction tradability matrix. Not the full eight-list screen, and PEP is not screened. No account, nothing to buy.