https://forexbullion.com/tags/brent/Recent content in Brent on ForexBullion - Market News, Analysis & Live RatesHugoen-usForexBullion.com. All rights reserved.Sun, 01 Mar 2026 00:00:00 +0000https://forexbullion.com/energy/brent-crude-oil/Sun, 01 Mar 2026 00:00:00 +0000https://forexbullion.com/energy/brent-crude-oil/<h2 id="about-brent-crude-oil">About Brent Crude Oil</h2> <p>Brent crude oil is the world&rsquo;s most widely used benchmark for international oil pricing, with approximately two-thirds of all global crude oil contracts referencing the Brent price. Named after the Brent oil field in the North Sea (discovered in 1971), Brent has evolved from a physical North Sea crude benchmark into a global pricing reference that incorporates multiple North Sea crude streams. Brent crude oil futures are traded on the Intercontinental Exchange (ICE) in London, making them the primary oil contract for European, African, Middle Eastern, and Asian market participants. While WTI serves as the North American benchmark, Brent is the international standard and is considered the more globally relevant of the two major crude oil benchmarks due to its broader geographic applicability and the larger volume of physical oil priced against it.</p>