How much is Brent crude oil denominated in dollars or pounds?

Today's financial crude oil network-Brent is a light and low-sulfur crude oil produced in Brent and Nigeria oil fields in the North Sea, which is widely traded in futures, OTC swaps, forward and spot spot markets. At present, more than 65% of the world's physical crude oil is linked to Brent system pricing.

Brent crude oil price is calculated in dollars.

Quote: USD and US cents per barrel.

Lowest price fluctuation: 0.0 1 USD/barrel.

Minimum contract change: 10 USD per contract.

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