Recently, due to the influence of Saudi Arabia's production increase and COVID-19 epidemic, the crude oil market has also experienced great fluctuations. Many investors want to invest in crude oil products when they see opportunities, but there are still many kinds of crude oil, including Brent crude oil, American crude oil and WTI crude oil. What's the difference between the first two? Next, let's take a look at Bian Xiao.

The main differences between Brent crude oil and American crude oil are as follows:

1. The trading markets are different: Brent crude oil is listed on the London Mercantile Exchange, while American crude oil is listed on the New York Mercantile Exchange.

2. Different pricing ranges: At present, except for some oil accidents in the Middle East and the Far East, most crude oils in the world, such as the North Sea, Africa, Latin America, Canada, and some Middle East and Far East regions, are priced with Brent crude oil when exporting crude oil to Europe. However, American crude oil is only priced for American crude oil, which has a strong regional nature.

3. Different prices: American crude oil is mainly Middle East light crude oil, which is difficult to exploit, low in cost and good in quality. The crude oil distributed in petroleum is mined at sea, which is difficult and costly, so its futures price has been higher than that of new york light crude oil.

The above are the main differences between the two crude oils. It should be noted that crude oil trading in the international futures market has the characteristics of high leverage, so its risk is relatively large. Investors should be fully prepared before trading crude oil.