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Dated brent
Brent cargoes are known as dated brent cargoes once they acquire a specific set of loading dates, usually at a point about two weeks from loading. Before this point, brent cargoes are typically traded generically as so-called 15-day brent. The dated brent market, which Platts assesses on a 7-15 day forward basis (7-17 days on a Friday), generates prices which have become a key benchmark for contract pricing of crude oil worldwide.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
- Product:
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