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The decommissioned Brent Delta Topside oil platform stands in a quay at the Able UK plant's Seaton Port after arriving recently to be scrapped on May 5, 2017 in Hartlepool, United Kingdom.
LONDON, Feb 14 (Reuters) - S&P Global Platts said on Mondayit proposes to add WTI Midland to in its assessment forbenchmark Dated Brent and related components, known as CashBFOE, starting from June 2023.
Dated Brent, set by commodities pricing agency Platts, isused to price more than two-thirds of the world's oil and servesas the underlying physical price for Brent oil futures
Dated Brent is currently based on five North Sea crudes -Forties, Brent, Oseberg, Ekofisk and Troll - but those suppliesare in long-term decline.
(Reporting by Julia Payne; editing by Jason Neely) ((julia.payne@thomsonreuters.com; +44 207 542 1836;))
