1. Origin of Brent crude oil: it is produced in Brent area of the North Atlantic.

2.WTI crude oil origin: produced in West Texas, USA. Second, they have different characteristics:

Characteristics of Brent crude oil: Brent crude oil is widely traded in futures, OTC swaps, forwards and spot spot markets. At present, more than 65% of the world's physical crude oil is linked to Brent system pricing. The loading port of Brent crude oil is Sorenfu, shetland islands, Beihai. The main users are refineries located in northwest Europe and the east coast of the United States.

2.WTI crude oil features: This crude oil futures contract has good liquidity and high price transparency, and it is one of the three benchmark prices in the world crude oil market. All crude oil produced or sold in the United States is priced according to light and low sulfur WTI.

Third, the price limits are different:

1. Brent crude oil price limit: Brent crude oil has no price limit.

2.WTI crude oil price limit: WTI crude oil price limit. : 1. The energy provided by crude oil products is mainly used as fuel for automobiles, tractors, airplanes, ships and boilers, and a small amount is used as civil fuel.

2. Crude oil products are one of the pillars of the material industry, and are called three major materials together with metals, inorganic nonmetallic materials and polymer synthetic materials. The output of polymer synthetic materials provided by the world crude oil chemical industry is about 65.438+0.45 billion tons.

Crude oil is oil, and there are still many people who make spot crude oil now, and there are many advantages. Petroleum is mainly used as fuel oil and gasoline, which constitute one of the most important primary energy sources in the world at present. Petroleum is also the raw material of many chemical industrial products, such as solvents, fertilizers, pesticides and plastics. At present, 88% of the oil mined is used as fuel, and another 12% is used as chemical raw materials. Crude oil products are the main suppliers of energy.

Crude oil products, mainly gasoline, kerosene, diesel, heavy oil and natural gas produced by crude oil refining, are the main suppliers of major energy sources at present. The energy provided by crude oil products is mainly used as fuel for automobiles, tractors, airplanes, ships and boilers, and a small amount is used as civil fuel.