| (1) crude oil prices |
| (2) copper future prices |
| (3) gold future prices |
| (4) shipping rate index |
A) Only 1
B) Only 2
C) Only 3
D) Only 4
Correct Answer: A
Solution :
Brent Crude is a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide. Brent Crude is extracted from the North Sea and comprises Brent Blend, Forties Blend, Oseberg and Ekofisk crudes .The Brent Crude oil marker is also known 44 as Brent Blend, London Brent and Brent petroleum. The index represents the average price of trading in the 25 day Brent Blend, Forties, Oseberg, Ekofisk (BFOE) market in the relevant delivery month as reported and confirmed by the industry media.
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