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![]() | The contents of the Brent Index page were merged into Brent Crude. For the contribution history and old versions of the redirected page, please see its history; for the discussion at that location, see its talk page. (2012-08-05) |
I added the following: The symbol for brent crude is SC. It is traded on the NYMEX which is a London exchange. One contract equals 1,000 barrels. Contracts are quoted in US dollars. Therefore each point lost or gained equals $1,000. --Michael D. Wolok
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BetacommandBot 23:53, 6 November 2007 (UTC)
I find it quite amusing that this article was cited for copyright infringement of the referenced page, which lists Wikipedia (therefore most likely this article) as the source (see the last line). What is going on here? pencil_ethics 13:50, 8 November 2007 (UTC)
I propose merge Brent Index as it is an interrelated topic. Both articles needs some work and merging will help to create more comprehensive article. Beagel ( talk) 10:52, 16 January 2012 (UTC)
It is interesting to observe that the price divergence between Brent Crude and WTI began shortly after the Deepwater Horizon oil spill in the Gulf of Mexico. Is there a connection between these two two events? Was the increased price differential used, or perhaps artificially created within a dysfunctional market, to help offset the costs of Deepwater Horizon event or was this just a very fortuitous coincidence? If the fuel market in the UK was not so dysfunctional, one would have expected that imports of either finished product (petrol, diesel etc), WTI or other crude would have minimised the price differential between Brent Crude and WTI but none of these things happened to a sufficient extent and the price differential was over 25% at times. In a free and properly functioning market it is difficult to believe that such a large price differential could have existed for so long so the logical conclusion is that the market was dysfunctional. (I have not included this in the article but am putting it in the Editing Talk" section for review and discussion by others.)
Although Brent Crude appears to be a European product, prices are states in US dollars, without qualifying them AS USD. If this is a component of "Brent Crude" fine, but shouldn't it be stated up front? In the lead as well as the article?
The alternative is to change to Euros or use USD/US$ with each price. Student7 ( talk) 21:16, 7 April 2015 (UTC)
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Contracts appear to be for delivery to Sullom Voe Terminal but I need to find a source. ©Geni ( talk) 08:02, 24 April 2020 (UTC)
This space is for friendly discussions of comparing and contrasting Brent Oil and WTI (West Texas Intermediate). 107.77.224.216 ( talk) 20:07, 30 April 2022 (UTC)