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Brent is the world’s most popular British oil brand, extracted on the North Sea shelf. Paradoxically, Brent is a blend of several black gold brands, however it became the industry benchmark thanks to its consistent makeup and high-quality practical properties.
Oil is a common asset in the investment portfolios of traders. If you plan to use this instrument, it’s recommended to trade cautiously in the spot market. The profit will be large, while the risks minimal. However, successful trading here requires not only the careful examination of the BRN chart, but also an understanding of the price forming factors of this instrument. For example, oil prices are tightly connected with the American dollar and gold.
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