Brent Crude, a classification of light sweet crude oil coming from the North Sea region, is due to replace West Texas Intermediate, also known as WTI or Texas light sweet, as the standard in setting oil prices on the world market. In this video, Motley Fool energy analyst Joel South explains why this may cause American crude prices to drop overall, and which companies may stand to benefit from the new world environment of low prices due to a huge North American oil glut.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.