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 8 sanctions lists plus PEP and OilFlow's first-party cluster corpus in seconds, or order the full 7-step dossier for $25, and confirm identity documents and banking details independently before you transact.
See also