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|Product Type: Energy CFD
||Measurement Unit: Barrel (42 US gallons)
Brent crude oil (ticker symbol: EB) is the world’s largest crude oil contract and is considered by far the most common energy product in the online trading market. Quoted and traded in US dollars, in units of 1000 barrels (equivalent to 42,000 gallons), the Brent CFD is an exchange traded product that follows the benchmark assessment of the price of light North Sea crude oil. Since 2005, the Intercontinental Exchange (ICE), an electronically-run energy markets operator, is the official publisher of the EB’s price quotations. These are published on a monthly basis.