S&p global commodity insights first to measure carbon intensity of crudes forming brent benchmark

Six popularly traded crude oil grades to help purchasers measure cost of emissions offsets new york , june 16, 2022 /prnewswire/ -- s&p global commodity insights, the leading independent provider of information and benchmark prices for the commodity and energy markets, has launched the oil industry's first carbon intensity measures for all six crude grades forming the global brent benchmark, including dated brent and bfoe (brent, forties, oseberg, ekofisk, plus troll and wti midland1). the carbon intensity for these grades will be published in kilogram-per-co2-equivalent per barrel (kgco2eq/b) and makes brent the first carbon-measured global benchmark allowing purchasers of crude grades to evaluate the cost of emission offsets in their supply chains.
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