Finance Flashcards

(3 cards)

1
Q

Difference between Brent Crude and WTI Crude oil?

A

Brent Crude is the benchmark used for the light oil market in Europe, Africa, and the Middle East, originating from oil fields in the North Sea between the Shetland Islands and Norway.

West Texas Intermediate is the benchmark for the U.S. light oil market and is sourced from U.S. oil fields.

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2
Q

Ideal type of oil to refine into gas?

A

Light and sweet oil is what you want for gasoline.

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3
Q
A
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