Abstract
This report examines Brent Crude Oil prices and its short-term forecast. The most widely used Crude Oil Benchmarks are the WTI (West Texas Intermediate) and Brent Crude. WTI is the benchmark for crude oil that is produced in the United States while Brent Crude originates from oilfields in the North Sea near the coast of Norway and in the Middle East. The crude oil prices were consistently high and above a 100 dollars per barrel starting from February 2011 until September 2014, after which Crude Oil has seen a steady decline to the lowest point of about 28.82 dollars per barrel in February 2016. After the low point in the prices, Crude Oil has made a recovery over the past year and a half and has been hovering around the 50 dollars per barrel mark.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
