Platts proposes to discontinue publishing assessments for Eugene Island crude oil

Platts, a part of S&P Global Commodity Insights, proposes to discontinue publishing assessments for Eugene Island crude oil as both an outright value and as a differential to WTI, effective Nov. 1, 2022.

Platts is proposing to discontinue the assessments due to waning market activity for the grade over the years, according to market sources. Platts has assessed Eugene Island as part of its suite of Gulf of Mexico crude assessments since July 2012.

The proposed discontinuation affects the following codes:

• Eugene Island, PCAFC00
• Eugene Island Monthly Average, PCAFC03
• Eugene Island Pipeline Average, AAFCJ00
• Eugene Island vs 1st Line WTI, AAGWD00
• Eugene Island vs 1st Line WTI Monthly Average, AAGWE00
• Eugene Island vs 1st Line WTI Pipeline Average, AAGWE02

The prices appear on Platts Global Alert pages 214, 215, 216, and in Crude Oil Marketwire, North American Crude and Products Scan, Oilgram Price Report and the OPR Price Average Supplement.

Please send any feedback or questions by Aug. 5, 2022, 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.