With so much US crude now coming to Europe, Platts has announced a proposal to include US WTI Midland into the North Sea benchmark of Dated Brent. Jonty Rushforth and Joel Hanley discuss how this might work and what it means for the world's leading oil benchmark.
Press release: S&P Global Platts Opens Consultation on Inclusion of WTI Midland Crude in Dated Brent
Related story: S&P Global Platts proposes inclusion of WTI crude in Dated Brent benchmark