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Brent barry (the pricing benchmark of North Sea Oilfield in the UK)
Brent crude oil refers to the crude oil mined in the British North Sea, and it is also one of the pricing benchmarks of international oil prices. The price of brent barry is determined by OPEC and non-OPEC oil-producing countries.

The history of brent barry

Brent barry was named after Brent crude oil field in Scotland, England, which was discovered in the early 1970s. The exploitation of Brent crude oil field reached its peak in 1980s, and then declined gradually. However, brent barry has been widely used as the benchmark of international oil price.

The influence of brent barry

Brent barry price has an important influence on the global oil market. As brent barry is one of the pricing benchmarks of international oil prices, its price fluctuation will affect the relationship between supply and demand in the global oil market, and then affect the development of the global economy.

How to operate brent barry?

If you want to operate brent barry in the oil market, you need to know the following steps:

1. Know the market trend: Before deciding whether to operate brent barry, you need to know the market trend and price trend of brent barry in order to better grasp the market opportunities.

2. Choose a trading platform: It is very important to choose a suitable trading platform. You need to choose a safe and reliable platform with low transaction cost and rich trading varieties.

3. Opening a trading account: After selecting a trading platform, you need to open a trading account, fill in relevant information and verify your identity.

4. Recharge: After opening a trading account, you need to recharge, and choose appropriate recharge methods, such as bank transfer and Alipay.

5. Select the transaction variety: After successful recharge, you need to select the appropriate transaction variety and choose brent barry for trading.

6. Order transaction: After selecting the transaction variety, you need to place an order transaction and choose the appropriate transaction volume and price.

7. Monitoring the transaction: After the transaction, it is necessary to monitor the transaction in time and adjust the trading strategy in time according to the market trend.