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This Time Is (Diff)erent

Prompt tightness in Dated Brent amid continued CPC disruptions; physical differential nears $4/bbl with all BFOETM grades bid except Brent
Published: August 4, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
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Another choppy week in the Dated Brent complex as the CPC situation continues to drive sentiment. There is a disconnect between the Middle East hostilities which have a greater effect on the futures, and the North Sea, with the market focused on CPC loading disruptions caused by Ukrainian drone strikes.

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Written by

Vincent Wu

Research Associate, Flux
Vincent Wu

Donna Dong

Research Analyst, Flux
Donna Dong

About Dated Brent Report

Keep your finger on the pulse of crude markets with this weekly premium report providing market drivers, flow-based analysis, and timely insights to market participants.

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