04 May 2023 | 11:00 UTC
Listen: Making crude oil history: WTI Midland cargoes join Brent benchmark
Featuring Joel Hanley, John Morley, and Emma Kettley
As of May 2, 2023, Platts incorporated US WTI Midland crude oil into Platts Dated Brent and related benchmark assessments. This is the first-ever inclusion of a non-North Sea grade and is expected to boost the liquidity of the world's most important physical crude oil leading benchmark assessment.
In this episode of the Platts Oil Markets podcast, S&P Global Commodity Insights crude oil managers John Morley and Emma Kettley discuss with Joel Hanley the scope of the change and the implications of this momentous development.
Learn more:
Methodology and Specifications Guide, Europe and Africa Crude Oil(opens in a new tab)
FAQ: Platts WTI Midland's inclusion into the Brent complex
Infographic: Brent benchmark gets major boost from US crude(opens in a new tab)
Contact us: platts_oil_feedback@spglobal.com(opens in a new tab)
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