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Brent Crude is a major global oil benchmark sourced from North Sea fields, used as a reference price for a large share of the world's internationally traded crude oil.
OPEC+ production quotas and policy decisions directly influence global oil supply, and changes to these quotas are among the most closely watched drivers of Brent Crude prices.
Brent is sourced from North Sea fields and serves as the main international benchmark, while WTI (US Oil) is sourced domestically in the US - the two can trade at different prices depending on regional supply and transport factors.
Log in to your Pairmetric MetaTrader 5 account, search for UK Oil in Market Watch, and place a buy or sell order.
Yes - Pairmetric offers both Brent Crude (UK Oil) and WTI (US Oil), so you can trade whichever benchmark best fits your market view.