Atlantic physical crude dynamics following Dated Brent's all-time high

Atlantic physical crude dynamics following Dated Brent's all-time high

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.

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