Tapis crude
Encyclopedia
Tapis crude is a Malaysian crude oil used as a pricing benchmark in Singapore. While it is not traded on a market like Brent Crude
or West Texas Intermediate
, it is often used as an oil marker for Asia and Australia.
Brent Crude
Brent Crude is the biggest of the many major classifications of crude oil consisting of Brent Crude, Brent Sweet Light Crude, Oseberg, Ekofisk, and Forties . Brent Crude is sourced from the North Sea. The Brent Crude oil marker is also known as Brent Blend, London Brent and Brent petroleum...
or West Texas Intermediate
West Texas Intermediate
West Texas Intermediate , also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. It is a light and sweet crude oil...
, it is often used as an oil marker for Asia and Australia.