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This statistic illustrates the price development of the crude oil grade UK Brent for the period between April 2012 and April 2013, in monthly average values. Brent is the world's leading price benchmark for Atlantic basin crude oils. It is used to price two thirds of the internationally traded crude oil supplies. In August 2012, the price of one barrel UK Brent crude oil was approximately 113.4 U.S. dollars.