Brent is a type of crude oil that is extracted from the North Sea, primarily from fields located near the United Kingdom. It is one of the major benchmarks for oil prices globally, alongside West Texas Intermediate (WTI). Brent crude is known for its light and sweet characteristics, meaning it has a low density and low sulfur content, making it easier to refine into gasoline and other products. The price of Brent crude oil is influenced by various factors, including global supply and demand, geopolitical events, and economic conditions. It serves as a key indicator for the oil market and is widely used by traders, investors, and policymakers to gauge the health of the energy sector.