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In the context of global oil prices, “Brent crude oil” is frequently referred to in the news. What does this term imply? 1. It is a major classification of crude oil. 2. It is sourced from the North Sea. 3. It does not contain sulphur.

In the context of global oil prices, “Brent crude oil” is frequently referred to in the news. What does this term imply? 1. It is a major classification of crude oil. 2. It is sourced from the North Sea. 3. It does not contain sulphur.

(a)

2 only

(b)

1 and 2 only

(c)

1 and 3 only

(d)

1, 2 and 3

Answer:

(b)

CA

Explanation

Option (b) is correct: Brent crude is a major classification of crude oil sourced from the North Sea and is known for its low sulphur content.