The Officials Benchmarks | Diff-lated North Sea Skip to main content

Diff-lated North Sea

The diff drops while lawsuit count goes up
Published: 1 May 2026
Written by:
Will Cunliffe

Will Cunliffe

Research Analyst, The Officials
Will Cunliffe
,
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, The Officials
Edward Hayden-Briffett
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, The Officials
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, The Officials
Jorge Montepeque
Edition: Euro EditionVolume: 3Issue: 84
Share

The diff drops while lawsuit count goes up

Mayday! The market needs help, as flat price remains near $110 after yesterday’s very choppy expiry. Asia is out on holiday and Europe will follow on Monday, so it’s a long weekend – and we all know the risks that brings… But, for now, the stalemate drags on. The Iranians keep chatting to the Pakistanis, while the Americans are busy claiming total victory but failing to get oil flowing again. So the world remains in limbo.

Premium Content

To continue reading this page, please login or subscribe now.

The Officials publish outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.

We invite you to read our reports, which are published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST). For any comments, please reach out to us through the emails provided in the signed documents.

About Euro Edition

Benchmark reports published at the close of the trading day in London.

More News

Not Straitforward

Edition: Asia EditionVolume: 3Issue: 83
Iran back at firing threats and attacks in the Strait of Hormuz
4 May 2026

Special Peering Eye 8

Edition: Peering EyeVolume: 1Issue: 24
Ship tracking activity seems to be dropping at Yanbu.
1 May 2026

Euro April Monthly Report

Edition: Euro EditionVolume: 3Issue: 83
Two straight months of war and there seems to be no signs of improvement.
30 April 2026