http://askalandman.com/what-is-the-difference-between-crude-oil-and-brent-crude.htm Questions and Answers Sat, 11 Feb 2012 00:01:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://askalandman.com/what-is-the-difference-between-crude-oil-and-brent-crude.htm/comment-page-1#comment-1821 jeff410 Fri, 19 Jun 2009 12:29:18 +0000 http://askalandman.com/what-is-the-difference-between-crude-oil-and-brent-crude.htm#comment-1821 The price of Brent North Sea crude is a benchmark for all the types of crude in Europe and that area of the world. What you see on CNBC, LIght Sweet Crude, also called West Texas Intermediate Crude is a benchmark for the types of crude oil in North America, like Oklahoma Sweet, Oklahoma Sour, New Mexico Intermediate, Uinta Basin Blac Wax, which is produced in northeastern Utah and other types. The prices are all based on Light Sweet Crude. The price of Brent North Sea crude is a benchmark for all the types of crude in Europe and that area of the world. What you see on CNBC, LIght Sweet Crude, also called West Texas Intermediate Crude is a benchmark for the types of crude oil in North America, like Oklahoma Sweet, Oklahoma Sour, New Mexico Intermediate, Uinta Basin Blac Wax, which is produced in northeastern Utah and other types. The prices are all based on Light Sweet Crude.

]]>