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In the context of global oil prices “Brent crude oil" is frequently referred to in the news. What does this term imply?

  1. 1.It is a major source classification of crude oil.
  2. 2.It is sourced from the North Sea.
  3. 3.It does not contain sulphur. Which of the statements given above is/are correct?
  1. A.2 only
  2. B.1 and 2 only
  3. C.1 and 3 only
  4. D.1, 2 and 3
▶ Answer & Explanation

Correct answer: B. 1 and 2 only

Brent crude is a major global oil benchmark, representing a significant classification of crude oil. It is sourced from the North Sea and is known for its relatively low sulfur content, classifying it as 'sweet' crude. This makes it a benchmark for the quality and price of other crude oils.

Source: UPSC gs1 2011

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