What time does Brent crude open?
The crude oil market starts trading every day, which is called opening. So, what time does the crude oil open? I'll give you a brief introduction.
Brent crude oil opening time: Monday 7:00pm - Saturday 6:15pm (Beijing time), including 6:15-7:00am rest 45 minutes.
Brent is a light and low sulfur crude oil produced in Brent and Ninian oilfields in the North Sea. It is widely traded in futures, over-the-counter swaps, forward and spot spot spot markets.
At present, more than 65% of the world's real crude oil is priced by Brent system. The port of loading Brent crude oil is sullom VOE, Shetland Islands, North Sea. The main users are refineries in northwest Europe and the east coast of the United States.