Sentence examples for crude benchmark from inspiring English sources

Oil, which produces a fifth of BHP's operating profit, is comfortably above $100 a barrel by the Brent crude benchmark.

Prices of OPEC's crude benchmark have fallen about 40percentt since the organization declined to cut production at a late November meeting in Vienna.

But even as the Brent crude benchmark price leapt to $116 a barrel this August, American consumers felt little at the pump.

Europe's Brent crude benchmark reached $145.58 per barrel, up from $144.25 per barrel, late Wednesday.

The European Brent crude benchmark reached $142.66 per barrel, up from $139.89.

The price of the Brent crude benchmark has since plunged further, currently trading around $34, and much of the industry is adjusting to prices staying "lower for longer".

Oil Price Is Slippery The price of oil has become harder to grasp thanks to the gap between the main crude benchmarks: European Brent and cheaper American West Texas Intermediate, or W.T.I.

The price of Russian crude oil is tied to the Brent crude oil benchmark price, which is currently about $106/bbl.

The international crude oil benchmark (Brent) fell about 2% after hearing this news, but the U.S. crude oil benchmark (WTI) remained steady at around $75 per barrel.

The global Brent crude oil benchmark closed at $41.50 on Tuesday, a three-and-a-half-month low.

Both the West Texas Intermediate and Brent crude oil benchmarks are sharply down from the end-of-April peaks.