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All We Need is Oil

The key headline in the North Sea is an unbelievably strong physical differential....
Published: April 7, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
Reviewed by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
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The key headline in the North Sea is an unbelievably strong physical differential. Although Vitol initially offered cargoes a fortnight ago, these offers have vanished with only bids across the BFOETM curve, taking the North Sea physical differential to a record high of $16.36/bbl on 07 Apr, as per The Officials....

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