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Another type of crude oil to be included in calculation of the Brent price benchmark">Another type of crude oil to be included in calculation of the Brent price benchmark

(Fri, 10 Mar 2017) The method for assessing the Brent global benchmark crude oil price is scheduled to change in 2018. The Brent price benchmark reflects transactions involving physical cargoes of several specific grades of crude oil in the North Sea, located between the United Kingdom and Norway.

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