Brent Crude Oil definition

Brent Crude Oil means Oil (Brent Crude).
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Brent Crude Oil means the relevant futures contract for deliverable grade Brent crude oil traded on ICE Futures Europe or its successor, subject to the provisions set out under “Special Circumstances”;
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Brent Crude Oil means Oil (Brent Crude). “Chicago Wheat” means Wheat (Chicago). “Cocoa” means Cocoa.
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Examples of Brent Crude Oil in a sentence

  • In respect of Brent Crude Oil: Brent blend light crude oil on the Intercontinental Exchange (the "ICE", "Exchange" and "Price Source") for the settlement price (the "Specified Price") for the Delivery Date (as defined below) of the futures contract, stated in U.S. Dollars per barrel, as made public by the Price Source on each Pricing Date.

  • In respect of Brent Crude Oil: Brent blend light crude oil on the Intercontinental Exchange (the "ICE", "Exchange" and "Price Source") for the settlement price (the "Specified Price") for the First Nearby Month (the "Delivery Date") futures contract, stated in U.S. Dollars per barrel, as made public by the Price Source on Pricing Date.

  • In respect of Brent Crude Oil: Brent blend light crude oil on the Intercontinental Exchange (the "ICE", "Exchange" and "Price Source") for the settlement price (the "Specified Price") for the Delivery Date of futures contract, as set out in "Specific Provisions for each Series" above, stated in U.S. Dollars per barrel, as made public by the Price Source on each Pricing Date.

  • On 20 January 2016, Brent Crude Oil traded at US$27.10 per barrel, the lowest in the past 12 years.

  • Whatever final form the UK’s free trade deal with the EU takes, a key feature of such an arrangement will be the power for the UK to strike further trade deals with countries outside the EU.

  • To put this into perspective, in 2021, the total value traded of just the active futures contracts in these carbon markets was equal to approximately 10% of the equivalent Brent Crude Oil futures contracts.

  • In order to reduce the impact of fluctuations in fuel oil prices on the hiring and availability of maritime freight and, consequently, to reduce the Company’s cash flow volatility, hedging operations were carried out through options contracts on Brent Crude Oil and Gasoil (10ppm) for different portions of the exposure.

  • Product Type: Inline Securities (Non-Quanto)Underlying: ICE Brent Crude Oil Future 3/2022 (Reuters: LCOH2, Bloomberg: COH2 Comdty)The Securities are issued as bearer bonds within the meaning of § 793 German Civil Code (Bürgerliches Gesetzbuch).

  • In the future, METASEER will also integrate derivative assets from traditional finance such as S&P 500 (SPX), Dow Jones Industrial (DJI), Gold and Brent Crude Oil, FX majors and high caps Stocks.

  • For the Nearest ICE Brent Crude Oil Future, during its term this product uses as underlying instrument the ICE Brent Crude Future that is next up to expire or whose settlement or expiry date is nearest.

Related to Brent Crude Oil

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Feedstock means any controlled substance or new substance that undergoes chemical transformation in a process in which it is entirely converted from its original composition and whose emissions are insignificant,

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Bulk gasoline terminal means a gasoline storage facility which receives gasoline from its supply source primarily by pipeline, ship, or barge, and delivers gasoline to bulk gasoline plants or to commercial or retail accounts primarily by tank truck; and has an average daily throughput of more than 76,000 liters (20,000 gallons) of gasoline.

  • CO2 means carbon dioxide.

  • Shipper means the party who contracts with Carrier for the transportation of Crude Petroleum under the terms of this tariff.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Dyed diesel fuel means diesel fuel that is dyed in accordance with internal revenue service rules or pursuant to any other internal revenue service requirements, including any invisible marker requirements.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60ºF) and equilibrium vapor pressure.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • LNG means liquefied natural gas.

  • Receipt Point(s) means the receipt points set forth in Section 6 of this Toll Schedule.