Platts to discontinue publishing assessments for Eugene Island crude oil

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

This comes after Platts proposed to discontinue the assessments on July 20, 2022.

Platts is discontinuing 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 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 and Platts Crude 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 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.