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The Dated Brent benchmark is set for its biggest change in a decade, with Norway's Troll crude being added to the basket. The change affects pricing for millions of barrels of physical crude sales each day.
A benchmark change alters how physical crude is priced, which can shift energy cost references, but it does not itself move supply or demand for feed commodities.
bloomberg.comLaura HurstFeb 20, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
