LONDON, Feb 24 (Reuters) - The dated Brent oil market

has worked well since U.S. WTI crude was added to the benchmark

and further changes are not planned, commodities pricing

reporting agency S&P Global Commodity Insights, known as Platts,

said on Monday.

Last year was the first full calendar year of WTI Midland in

the dated Brent benchmark after it became the first crude oil

grade from outside the North Sea to be added to the basket in

May 2023 because of falling North Sea output.

Platts said on Monday that 2024 was smooth sailing for its

dated Brent oil benchmark after record trading volumes in the

final month of the year.

Platts made no announcement to make any further changes to

the benchmark at the event.

"This year, we don't have a major initiative to share around

dated Brent. The past year has really been one of remarkably

smooth operations," said Richard Swann, Platts' head of

established benchmarks, at the company's event as part of

International Energy Week in London.

"This is a market functioning well, we believe, with the

different component parts seeing a lot of liquidity, and they're

all contributing to the overall ecosystem around Brent."

Platts said that a record volume of 39.7 million barrels of

trade was achieved in December across its North Sea physical

crude cargoes, contract for differences and cash BFOE partials.

Thomson Reuters competes with Platts in the provision of

commodities markets news and data.