Platts seeks feedback on inclusion of EPIC Crude Terminal in Dated Brent assessment process

Platts, part of S&P Global Commodity Insights, proposes including EPIC Crude Terminal as a loading terminal for WTI Midland crude oil in its Dated Brent and Cash BFOE Market on Close assessment process from June 2023.

Platts' recent decision to include WTI Midland into the Brent complex, and clarification of the review process by which loading terminals are included in the assessment process, can be found here.

Upon successful review and meeting Platts' criteria, sellers would be able to nominate WTI Midland meeting Platts specification loaded from EPIC Crude Terminal for inclusion in the Dated Brent/Cash BFOE assessment process.

The terminal -- in Corpus Christi, Texas, and wholly owned by EPIC Crude Holdings -- handles crude oil and petroleum products.

The terminal has one dock that can fit up to an Aframax-sized vessel and 3.44 million barrels of storage capacity for crude oil storage via the EPIC Robstown Terminal.

Please send all feedback to pricegroup@spglobal.com and europe_crude@spglobal.com by Oct. 31.

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

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