Flux Markets | All We Need is Oil Skip to main content

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
Share

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....

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Martha Dowding

Research Associate, Flux
Martha Dowding

Related News

Brent Declines as Trump Cancels 20% Fee

Brent eases as Trump confirms Iran shipping blockade. China imports slump, while Brazil and Nigeria adjust fuel policies.

Open Hormuz, Close Hormuz

Renewed US-Iran hostilities lift front Dubai spreads out of contango; selling flows focused in Q4 Brent/Dubai

Brent rallies to $86.90

US-Iran conflict escalates with fresh strikes, shipping attacks and Hormuz blockade; OPEC cuts 2026 demand outlook, Venezuela output steady.

Reversals (almost) all around!

Bullish strength and momentum in all but RBOB
9 page report