International oil benchmark adds US crude to the mix – The Wall Street Journal

International oil benchmark adds US crude to the mix – The Wall Street Journal

Brent, the international gauge of oil prices, could be revised to reflect the growing importance of US exports to global energy markets. By March 2022, S&P Global Platts is expected to begin using crude drilled from wells near Midland, Texas, to price Dated Brent, a gauge that has historically reflected physical North Sea oil prices. […]
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