Keeping Dated Brent current as North Sea production declines

摘要

One of the most dominant conversation topics in the crude world over the last several years has been the declining production profile in the North Sea region. North Sea grades—and particularly the light, sweet, distillate-rich crudes that have dominated regional production historically—have formed the backbone of the Dated Brent assessment. However, as the region has matured, production has begun to decline.