Question

brent index is associated with

Answer 1

Brent index is associated with crude oil prices.



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Answer 2

Answer:

Brent Index is associated with the price levels of light Crude oil.

Explanation:

This index is based on Brent Crude i.e. a major trading classification of crude oil. This is that type of oil which serves as the major benchmark price for the buying of oil worldwide.

Example: Brent is the leading global price benchmark for the Atlantic Basin( its crude oils)

This also affects the prices of the overall world traded crude oils.