Brent Crude - GS questions based on daily current affairs

1)   Which of the following statements is/are correct about Brent crude oil?

1. It is classified as sweet crude oil.
2. It is sourced from north sea.

a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Both

Explanation:
- Brent Crude is a major trading classification of sweet light crude oil
- It serves as a major benchmark price for purchases of oil worldwide.
- Sweet crude oil is a type of petroleum with less than 0.42% sulfur.

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