North Sea May Need New Marker Crude As Brent Field Winds Down

[Retread]

http://www.epmag.com/north-sea-may-n...s-down-1465976

When Brent Charlie is finally decommissioned, that will end the production of the benchmark Brent crude, which is a mix of production from 15 North Sea fields. So perhaps the market will continue to use “Brent” as the marker name even though there will be no Brent production.