Brent Crude Oil is extracted from the North Sea and comprises Brent Blend, Forties Blend, and other Norwegian crudes (Known as the BFOE Quotation). Best known as London Brent, Brent Oil is the leading global price benchmark for Atlantic basin crude oils. It is used to price two thirds of the world’s internationally traded crude oil supplies. The Brent Crude is also a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide. On Sandton Capital Markets the Brent Oil CFD is listed under Oil.