Commercial & Finance

BFO

Definition

Brent, Forties, Oseberg

BFO means Brent, Forties, Oseberg. A forward crude contract which provides for the delivery during a pre-defined month of either one of the following three North Sea crude oils: Brent, Forties and Oseberg, at seller’s…

A forward crude contract which provides for the delivery during a pre-defined month of either one of the following three North Sea crude oils: Brent, Forties and Oseberg, at seller’s option.

✓ Verified term