FinLexicon Term Details

Brent Crude (Crude Oil Price)

Pronunciation: brent krood

Brent Crude Price is a widely used global benchmark for the price of crude oil and is commonly used to value oil produced in Europe, Africa, and other international markets.

Category: Economics Difficulty: Moderate 2 min read Premium Term

Preview

Brent Crude Price is a widely used global benchmark for the price of crude oil and is commonly used to value oil produced in Europe, Africa, and other international markets.

Premium FinLexicon

Unlock full financial learning

Login is required to access this premium content.

Subscribe Login Complete Profile

Related Terms

International Finance

American Depositary Receipt (ADR)

a

View Term
International Finance

Appreciation (of Currency)

Appreciation of Currency is an increase in the value of one currency relative to another in the foreign exchange market.

View Term
Public Finance & Government Finance

Budget Deficit

A Budget Deficit occurs when a government’s total spending exceeds its total revenue during a given period.

View Term