Cloth oil: Brent crude oil is a crude oil futures contract of London International Petroleum Exchange (IPE). Brent crude oil is produced in the Brent region of the North Atlantic, mainly processed and refined in northern Europe, and is the benchmark for crude oil pricing in northwest Europe, Africa and Asia. \x0d\ American oil: WTI crude oil, also known as WTI crude oil, is West Texas light crude oil, which is a crude oil futures contract of NYMEX. Texas light crude oil is a common oil in North America, and all oil produced or sold in the United States is based on this pricing benchmark. Because of the influence of the United States, international oil prices generally refer to American oil prices. What does \ x0d \ MEBO mean? Go to:/ask/829d6a1615826142.html? Zd view more content