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US light sweet crudes such as WTI Midland and Bakken have been offered into Asia at lower premiums in recent months amid a drop in freight rates from the US Gulf Coast to the Far East, sources in Asia said Monday
ReadWhat appears to be the first Very Large Crude Carrier of the year to load and depart from the Louisiana Offshore Oil Port is bound for Yeosu, South Korea, according to cFlow, Platts trade flow software
ReadFalling crude imports to Texas have tightened the regional sour crude market, boosting the assessed price differential of US Gulf of Mexico grade Southern Green Canyon. The medium sour crude, with an average API gravity of 29
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