Explanation
The correct answer is A: Crude oil prices.
The Brent Index is a benchmark for crude oil prices. It represents the price of oil produced from the North Sea, specifically from the Brent oil field, which is located between Norway and the United Kingdom. The Brent Index is widely used by the oil industry as a benchmark for pricing crude oil, and it is also used by financial markets to track the performance of the oil industry.
The Brent Index is named after the Brent oil field, which was discovered in the 1970s and began production in the 1980s. Brent crude oil is a high-quality crude oil that is low in sulfur and easy to refine. It is one of the most important crude oil benchmarks in the world, along with the West Texas Intermediate (WTI) benchmark, which is based on oil prices from the United States
The Brent Index is named after the Brent oil field, which was discovered in the 1970s and began production in the 1980s. Brent crude oil is a high-quality crude oil that is low in sulfur and easy to refine. It is one of the most important crude oil benchmarks in the world, along with the West Texas Intermediate (WTI) benchmark, which is based on oil prices from the United States.
