{"id":19276,"date":"2024-06-20T09:46:36","date_gmt":"2024-06-20T02:46:36","guid":{"rendered":"https:\/\/edutrade.vn\/?post_type=product&p=19276"},"modified":"2026-03-12T14:37:39","modified_gmt":"2026-03-12T07:37:39","slug":"dau-brent-qo-ice-eu","status":"publish","type":"product","link":"https:\/\/edutrade.vn\/en\/product\/dau-brent-qo-ice-eu\/","title":{"rendered":"BRENT CRUDE OIL (COMEX)"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Brent Crude Oil - COMEX<\/p>\n<\/td>\n<\/tr>\n

Size<\/td>\nFull<\/td>\nMini<\/td>\n<\/tr>\n
Exchange<\/td>\nNew York Commodities Exchange (COMEX)<\/td>\nNew York Commodities Exchange (COMEX)<\/td>\n<\/tr>\n
Commodity code<\/td>\nQO<\/td>\nBM<\/td>\n<\/tr>\n
Contract lot value (market price)<\/td>\nCommodity price * contract size<\/td>\nCommodity price * contract size<\/td>\n<\/tr>\n
Contract size<\/td>\n1,000 barrels<\/td>\n100 barrels<\/td>\n<\/tr>\n
Margin (changes according to MXV)<\/td>\n10% of contract lot value<\/td>\n10% of contract lot value<\/td>\n<\/tr>\n
Trading price step<\/td>\n0.01 ~ $10\/lot<\/td>\n0.01 ~ $1\/lot<\/td>\n<\/tr>\n
Quoted unit<\/td>\nusd\/barrel<\/td>\nusd\/barrel<\/td>\n<\/tr>\n
Profit\/loss fluctuation $1\/lot<\/td>\n$1,000<\/td>\n$100<\/td>\n<\/tr>\n
Trading month<\/td>\n12 months<\/td>\n12 months<\/td>\n<\/tr>\n
Trading hours<\/td>\nMonday \u2013 Friday<\/td>\nMonday \u2013 Friday<\/td>\n<\/tr>\n
Trading session<\/p>\n

(winter opens 60 minutes late)<\/td>\n

07:00 \u2013 05:00 (the next day)<\/td>\n07:00 \u2013 05:00 (the next day)<\/td>\n<\/tr>\n
Price range<\/td>\nNot specified<\/td>\nNot specified<\/td>\n<\/tr>\n
Quality standard<\/td>\nAccording to Brent crude oil standards regulated at Comex commodity exchange<\/td>\nAccording to Brent crude oil standards regulated at Comex commodity exchange<\/td>\n<\/tr>\n
Delivery Registration Date<\/td>\n5th working day, before the<\/p>\n

first notice<\/td>\n

5th working day, before the<\/p>\n

first notice<\/td>\n<\/tr>\n

First notice day<\/td>\nLast working day of<\/p>\n

month immediately preceding the expiration month<\/td>\n

Last working day of<\/p>\n

month immediately preceding the expiration month<\/td>\n<\/tr>\n

Last trading day<\/td>\nLast business day of the previous month expires 2 months<\/td>\nLast business day of the previous month expires 2 months<\/td>\n<\/tr>\n
Payment method<\/td>\nNo physical delivery<\/td>\nNo physical delivery<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Brent crude oil is a type of sweet crude oil, playing a central role as a global benchmark for oil pricing worldwide. This crude oil is extracted from oil fields in the North Sea, including those located in the United Kingdom, Norway, Scotland, and surrounding areas. In addition, Brent crude has recently attracted significant attention from investors in the commodities derivatives market. Brent is one of the two most important global crude oil benchmarks, alongside the U.S. benchmark WTI (West Texas Intermediate).
\nThe first Brent crude oil contract was traded on ICE Futures Europe (ICE EU) and has since become the most actively traded energy contract in the world.<\/p>\n

To gain a deeper understanding of this commodity, please follow the article below by Edu Trade.<\/p>\n

\"D\u1ea6U<\/p>\n

1. Introduction to Brent Crude Oil<\/h2>\n

Production and Refining:<\/em><\/p>\n

    \n
  • Extraction regions: Brent crude oil is primarily extracted from oil fields in the North Sea, including the Brent Field (UK), Oseberg Field (Norway), Ekofisk Field (Norway), Thistle Field (UK), Snorre Field (Norway), and others.<\/li>\n
  • Extraction methods: Brent crude is extracted through drilling wells and using pumping systems to bring the oil to the surface.<\/li>\n
  • Brent crude production: After extraction, crude oil is transported to processing facilities to remove impurities such as water, gas, and sand. Subsequently, the crude oil is delivered to refineries, where it is separated into various products such as gasoline, diesel fuel, liquefied petroleum gas (LPG), kerosene, plastics, and other derivatives.<\/li>\n<\/ul>\n

    Market Weight:<\/em><\/p>\n

    Brent crude serves as the pricing benchmark for approximately 80% of internationally traded crude oil, surpassing WTI in many cases due to its ease of transportation by sea.<\/p>\n

    Applications:<\/em><\/p>\n

      \n
    • Gasoline production: Brent crude is primarily used in gasoline production, accounting for approximately 70% of gasoline refined from crude oil.<\/li>\n
    • Diesel fuel production: Brent crude is also used in diesel production, representing around 15% of diesel output derived from crude oil.<\/li>\n
    • Chemical manufacturing: Brent crude is utilized in the production of various chemical products, including plastics, rubber, and solvents.<\/li>\n<\/ul>\n

      Differences Between Brent and WTI Crude Oil:<\/em><\/p>\n

        \n
      • Extraction location: Brent crude is extracted from the North Sea, whereas WTI crude is produced from shale oil fields in Texas, United States.<\/li>\n
      • Quality: Brent crude has lower sulfur content and lighter density compared to WTI crude.<\/li>\n
      • Pricing: Brent crude prices are typically higher than WTI prices due to its superior quality and stronger demand from European markets.<\/li>\n<\/ul>\n
          \n
        • Transportation: Brent is easily transported by sea and is therefore commonly used as the international pricing benchmark for exported crude oil contracts.<\/li>\n
        • WTI transportation: WTI relies mainly on inland pipeline transportation, resulting in different cost structures and risk profiles compared to Brent.<\/li>\n<\/ul>\n

          Brent Crude Contracts in the Market:<\/em><\/p>\n

            \n
          • Brent crude oil is traded in the form of futures contracts, primarily on ICE Futures Europe (ICE EU).<\/li>\n
          • It is one of the most liquid energy contracts globally and is widely used as a reference price for crude oil trading contracts worldwide.<\/li>\n<\/ul>\n

            Current Market Prices:<\/em><\/p>\n

              \n
            • Recently, Brent futures have traded in the range of USD 60\u201362 per barrel, with price fluctuations driven by supply\u2013demand dynamics and geopolitical factors (Source: Investing.com).<\/li>\n
            • In 2025, Brent price volatility has been under pressure due to excess supply, weak demand, and political factors, resulting in prices remaining lower compared to previous periods.<\/li>\n<\/ul>\n

              2. Factors Affecting Brent Crude Oil Prices<\/h2>\n

              Supply and Demand:<\/em><\/p>\n

              Oil production levels in Brent-producing countries such as the United Kingdom, Norway, and Scotland directly impact oil prices. When supply increases, prices tend to decline, and vice versa. Global oil consumption demand also has a direct influence\u2014when demand rises, oil prices generally increase, and vice versa.<\/p>\n

              Economic, Political, and Geopolitical Factors:<\/em><\/p>\n

              \u2013 Economic instability: Global economic uncertainty can reduce oil consumption demand, leading to lower oil prices.<\/p>\n

              \u2013 Political tensions: Political instability in oil-producing or transportation regions may disrupt supply, pushing prices higher.<\/p>\n

              \u2013 Geopolitical volatility: Geopolitical events such as wars or crises can affect oil prices by influencing production, consumption, or transportation.\nExamples include sanctions on Venezuelan oil, Russia\u2013Ukraine relations, and U.S. political pressure on oil exports, which can cause short-term fluctuations in Brent prices. Military actions or international sanctions may significantly alter oil flows and pricing.<\/p>\n

              OPEC+ and U.S. Supply:<\/em><\/p>\n

              Decisions by OPEC+ to increase or cut production, along with U.S. shale oil output, play a critical role in shaping global supply and influencing Brent prices.<\/p>\n

              Production Factors:<\/em><\/p>\n

              Extraction technology: Advances in oil extraction technology can increase production output and reduce production costs, potentially leading to lower oil prices.<\/p>\n

              Environmental factors: Environmental regulations may restrict oil extraction activities, resulting in reduced supply and upward pressure on oil prices.<\/p>\n

              \"D\u1ea6U<\/p>\n

              3. Key Strategies for Effective Brent Crude Oil Investment<\/h2>\n

              In-depth product knowledge:<\/em><\/p>\n

                \n
              • Investors should have a thorough understanding of Brent crude oil as a North Sea\u2013sourced crude that plays a vital role in global oil price determination.<\/li>\n
              • Additionally, investors should closely monitor factors affecting Brent prices, including supply and demand dynamics, economic conditions, political and geopolitical developments, and production levels in oil-producing countries.<\/li>\n<\/ul>\n

                Suitable for Risk-Tolerant, Short-Term Traders:<\/em><\/p>\n

                  \n
                • Brent crude oil investment is suitable for investors with a high-risk appetite, as price movements can be sharp and sudden, posing significant risks.<\/li>\n
                • Investors should select appropriate strategies such as short-term trading, futures contracts, or CFDs to capitalize on market volatility.<\/li>\n<\/ul>\n
                    \n
                  • Long-term investment requires in-depth analysis of supply\u2013demand fundamentals, alternative energy technologies, and macroeconomic prospects. Consultation with leading experts such as Edu Trade is strongly recommended.<\/li>\n<\/ul>\n

                    Consult Edu Trade Experts:<\/em><\/p>\n

                      \n
                    • Edu Trade is a leading and reputable member of the Vietnam Mercantile Exchange (MXV), specializing in commodity investment advisory services.<\/li>\n
                    • With more than 10 years of hands-on experience, Edu Trade\u2019s experts provide timely and accurate market insights, enabling investors to identify potential opportunities and make informed investment decisions.<\/li>\n<\/ul>\n

                      Edu Trade regularly organizes investment training programs to enhance commodity trading knowledge and skills for investors. Furthermore, investors can receive in-depth consultation from Edu Trade specialists to develop effective investment strategies and minimize unnecessary risks during trading activities.<\/p>\n

                      Edu Trade hopes that the above insights have helped investors gain a clearer understanding of Brent Crude Oil (QO \u2013 ICE EU). If you are interested in investing in this commodity or participating in the commodities derivatives market, please contact our Hotline at 0866.212.677 for professional consultation and support.<\/p>\n

                      Edu Trade \u2013 Leading Member of the Vietnam Commodity Exchange (MXV)<\/p>","protected":false},"excerpt":{"rendered":"

                      D\u1ea7u th\u00f4 Brent – COMEX Size Full Mini S\u1edf Giao d\u1ecbch New York Commodities Exchange (COMEX) New York Commodities Exchange (COMEX) M\u00e3 h\u00e0ng h\u00f3a QO BM G\u00eda tr\u1ecb l\u00f4 h\u1ee3p \u0111\u1ed3ng ( theo th\u1ecb tr\u01b0\u1eddng ) Gi\u00e1 h\u00e0ng h\u00f3a * \u0111\u1ed9 l\u1edbn h\u1ee3p \u0111\u1ed3ng Gi\u00e1 h\u00e0ng h\u00f3a * \u0111\u1ed9 l\u1edbn h\u1ee3p \u0111\u1ed3ng \u0110\u1ed9 l\u1edbn h\u1ee3p […]<\/p>","protected":false},"featured_media":19278,"template":"","meta":{"_acf_changed":false},"product_brand":[],"product_cat":[74],"product_tag":[],"class_list":{"0":"post-19276","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-nang-luong","8":"first","9":"instock","10":"shipping-taxable","11":"product-type-simple"},"acf":[],"_links":{"self":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/product\/19276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/types\/product"}],"version-history":[{"count":6,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/product\/19276\/revisions"}],"predecessor-version":[{"id":30333,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/product\/19276\/revisions\/30333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media\/19278"}],"wp:attachment":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media?parent=19276"}],"wp:term":[{"taxonomy":"product_brand","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/product_brand?post=19276"},{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/product_cat?post=19276"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/product_tag?post=19276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}