
Atlantic physical crude dynamics following Dated Brent's all-time high
From Oil Markets by S&P Global Commodity Insights
April 16, 2026 · 15 min
About this episode
The episode discusses the impact of Dated Brent's record high on physical crude oil markets in the Atlantic basin amid the ongoing war in the Middle East.
Dated Brent's record high assessment by Platts of $144.42/barrel stole the headlines on April 7, but physical market fundamentals in the Atlantic basin have similarly brought cash differentials for individual crude oil grades across the North Sea, West Africa and the Mediterranean upwards to levels that, in some cases, have never been seen before. In this episode, Associate Director Emma Kettley is joined by frontline reporters Ernest Puey and George Delaney to explore the impact the war in the Middle East is having on the physical crude oil markets in the European and African region.
People in this episode
Host: Emma Kettley
Guests: Ernest Puey, George Delaney
Topics covered
- crude oil markets
- Dated Brent
- physical market fundamentals
- cash differentials
- Middle East conflict
- European markets
- African markets
Keywords
- Dated Brent
- crude oil
- cash differentials
- physical market
- Atlantic basin
- North Sea
- West Africa
- Mediterranean
- oil prices
- market dynamics
Mentioned in this episode
Organizations: Platts
Places: Atlantic basin, North Sea, West Africa, Mediterranean
More episodes of Oil Markets
- From Hormuz to Asia: the ripple effects on oil trade, prices, and economies · April 23, 2026 · 21 min
- Hormuz chokepoint: Global scramble for diesel supply · April 9, 2026 · 30 min
- Nigeria's Dangote refinery takes spotlight amid Middle East conflict · April 2, 2026 · 19 min
- CERAWEEK 2026: With Hormuz shut, who fills the gap? · March 31, 2026 · 20 min
- Strait of Hormuz uncertainty, Asia's LPG scramble as Middle East flows stall · March 26, 2026 · 12 min
- Europe's jet fuel prices rally to record highs on Persian Gulf shut-in · March 19, 2026 · 14 min
Explore listener stats, chart rankings, contacts and more on the Oil Markets podcast page.