Brent

Brent Crude may refer to various components of the Brent Complex, a physically and financially traded oil market in the North Sea of Northwest Europe. The original Brent Crude referred to a trading classification of sweet light crude oil extracted from the Brent oilfield in the North Sea in 1976, but as production declined, crude oil blends from other oil fields have been added to the trade classification. The current Brent blend consists of oil from the Forties, Oseberg, Ekofisk, and Troll oil fields, as well as oil from the Permian Basin in Midland, Texas.learn more on wikipedia