Brent is a light sweet grade of crude oil produced in the North Sea.

Brent plays a uniquely important role in the global oil industry by acting as a benchmark crude against which most other crude grades are priced.

Brent is important as a regional benchmark for a large number of light sweet crude oils produced in the North Sea. It is also used as a global benchmark for overall global crude prices.

Brent's role as a benchmark is reinforced by its active forward and derivatives markets.


API: 37.5
Sulfur: 0.40%

The Refinery Reference Desk includes content derived from our industry experts as well as from public data sources such as company websites. Nothing herein is intended to serve as investment advice. This material is based on information that we believe to be reliable and adequately comprehensive, but we do not represent that such information is in all respects accurate or complete. McKinsey Energy Insights does not accept any liability for any losses resulting from use of the content.

McKinsey uses cookies to improve site functionality, provide you with a better browsing experience, and to enable our partners to advertise to you. Detailed information on the use of cookies on this Site, and how you can decline them, is provided in our cookie policy. By using this Site or clicking on "OK", you consent to the use of cookies.