Why is Brent crude the benchmark?

Related questions

1. Why do crude oil prices fluctuate?
2. How many Litres of petrol are in a barrel of crude oil?
3. How many Litres is a barrel of diesel?
4. How much diesel can you get from a barrel of oil?
5. What is Brent crude vs WTI?
6. How many Litres are in a barrel?
7. Where is WTI traded?
8. How many Litres make a barrel?
9. What is WTI crude and Brent crude?
10. What is difference between Brent crude and WTI crude?

Tags

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2. #petrol
3. #output
4. #makes
5. #comes
6. #chartered
7. #north
8. #because
9. #raised
10. #widely
11. #crude
12. #required
13. #extra
14. #brent
15. #refine
16. #consistent
17. #extracted
18. #tankers
19. #benchmark
20. #demand
21. #products