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Physical On A Roll

North Sea physical strong on Vitol buying, but paper quiet; easing CFD signals question how long strength lasts.
Published: February 17, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Harinder Sandhu

Harinder Sandhu

Quantitative Research Associate, Flux
Harinder Sandhu
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The North Sea physical differential remains strong, increasing from $1.845/bbl on 10 Feb to $1.91/bbl on 17 Feb.

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