Brent is the most predictable index that accounts for eighty percent of the worlds oil.

Brent is the price barometer for ~80% of global crude. As a waterborne crude - with access to global shipping, ports, and storage capacity - it is easily transported around the world. This gives Brent an advantage over landlocked crudes and provides a clear valuation opportunity for commercial and financial traders.

The Brent complex has been evolving for decades. As with the addition of other crude streams to Brent in the past, the addition of Midland WTI is expected to further enhance the Brent complex.