BRENT.GLBL tracks the spot price of Brent crude oil, the primary benchmark used for pricing internationally traded crude oil. Brent is derived from crude production in the North Sea and is commonly used as a reference price across Europe, Africa, the Middle East and other global markets.
Global shippers, carriers, brokers, energy analysts and businesses impacted by international fuel and transportation costs.
This dataset provides insight into global crude oil pricing and overall energy market direction. Changes in Brent prices can affect marine fuel, jet fuel, diesel and other petroleum products used throughout the global supply chain. It can help users monitor potential cost pressures across international transportation, manufacturing and commodity markets.
