In the context of global oil prices, “Brent crude oil” is frequently referred to in the news. What does this term imply?
- It is a major classification of crude oil.
- It is sourced from North sea.
- It does not contain sulphur.
Which of the statements given above is/ correct?
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2 only
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1 and 2 only
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1 and 3 only
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1, 2 and 3
B
Correct answer
Explanation
Brent crude is the biggest of the many major classifications of crude oil consisting of Brent Crude, Brent Sweet Light Crude, Oseberg, Ekofisk, and Forties. Brent crude is sourced from the North Sea. Brent blend is a light crude oil, though not as light as WTI. It contains approximately 0.37% of sulphur, classifying it as sweet crude, yet again not as sweet as WTI. Brent is suitable for production of gasoline and middle distillates.