Global Crude Benchmarks: Brent Sets the Standard - Part 3

The purpose of this report from ICE and Energy Intelligence is to provide a deep dive into the role of the Brent and West Texas Intermediate (WTI) crude oil benchmarks, their mutual relationship, and their interaction with the global oil market.

Part three closes out the series with a focus on Brent: its evolution, its markets and why its ecosystem is relied upon by commercial and non-commercial participants alike.