(Bloomberg) -- North Sea Dated Brent crude, used as
a price benchmark for 60 percent of the world's oil, will
include a fourth grade from today to compensate for shrinking
production from the region.
Ekofisk, produced by ConocoPhillips, will be added to the
blend amid falling output from fields such as Royal Dutch Shell
Plc's Brent, Platts, which assesses oil prices, said April 19.
Dated Brent is also known as Brent-Forties-Oseberg, or BFO,
because it combines the three crude varieties.
Read more at Bloomberg Energy News
a price benchmark for 60 percent of the world's oil, will
include a fourth grade from today to compensate for shrinking
production from the region.
Ekofisk, produced by ConocoPhillips, will be added to the
blend amid falling output from fields such as Royal Dutch Shell
Plc's Brent, Platts, which assesses oil prices, said April 19.
Dated Brent is also known as Brent-Forties-Oseberg, or BFO,
because it combines the three crude varieties.
Read more at Bloomberg Energy News
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