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"Brent Crude Oil" is frequently in the news in the context of global oil prices. What does this term…

Brent Crude is a major benchmark classification of crude oil sourced from the North Sea, but it is not entirely free of sulphur, so only the first two statements hold.

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"Brent Crude Oil" is frequently in the news in the context of global oil prices. What does this term imply?
(1) It is a major classification of crude oil.
(2) It is sourced from North Sea.
(3) It does not contain sulphur.
Which of the above statements is/are correct?

Select one answer
Answer and explanation

Correct answer B

Brent Crude is a major benchmark classification of crude oil sourced from the North Sea, but it is not entirely free of sulphur, so only the first two statements hold.

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