Platts proposes discontinuation of Loreto crude price assessment

Platts, part of S&P Global Commodity Insights, proposes to discontinue publishing price assessments for Peru's Loreto crude, effective July 1, 2025, due to a lack of production and spot market activity.

Platts understands there is no spot-market activity for Loreto crude, and market participants do not anticipate normal activity to resume. Petroperu last issued a tender for Loreto crude in March of 2021.

The proposed discontinuation will affect the following codes:

• Outright Diff to Dated Brent Strip, Diff to Brent Strip, Diff to WTI Strip
• PCAGH00 AAXBG00 AAXBV00 PCAGQ00

The prices appear on Platts Global Alert page 280 and in Latin Wire, Crude Oil Marketwire and Oilgram Price Report.

Please send any feedback or questions by April 18, 2025 to Americas_crude@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.