In this list

Platts launches assessments for US WTI, Eagle Ford crude oil for delivery to Europe

Commodities | Energy | Oil | Crude Oil | Oil Risk | Refined Products | Jet Fuel

Omicron’s Black Friday injects new fragility

Energy | Oil | Crude Oil

Platts Crude Oil Marketwire

Commodities | Electric Power | Electricity | Energy | Energy Transition | Emissions | Renewables | LNG | Natural Gas | Oil | Crude Oil

Market Movers Europe, Dec 6-10: Omicron impact hangs in balance; gas markets on edge over Russian supply

Energy | Natural Gas | Oil | Petrochemicals | NGL | LPG | Refined Products | Gasoline | Naphtha | Crude Oil | Aromatics

Asia light ends: Key market indicators for Dec 6-10

Agriculture | Energy | Oil | Crude Oil | Metals | Steel | Steel Raw Materials

Commodity Tracker: 4 charts to watch this week

Watch: Platts launches assessments for US WTI, Eagle Ford crude oil for delivery to Europe

The growth in US crude oil exports has reshaped the global crude markets in the past 2.5 years. Nowhere has this shift been more evident than in Europe, where US crude flows have rapidly become one of the de facto swing barrels in the European market, impacting the differentials for grades across the Atlantic Basin, including Dated Brent.

Crude flows from the Gulf Coast -- primarily of distillate-rich rich WTI Midland, but also of Eagle Ford crudes and condensates, as well as the occasional cargo of heavier, more sour Mars -- now average nearly a cargo a day into Europe, exceeding the production of nearly all of the locally-produced shorter-haul crudes that traditionally make up the European, sweet crude refining diet.

On September 19, S&P Global Platts announced that it will now assess both WTI Midland and Eagle Ford 45 delivered at place -- or DAP -- in both Rotterdam and Augusta.


FAQ: Platts US Gulf Coast crude delivered Europe (PDF)

Press Release: S&P Global Platts launches price assessments for main US export grades delivered into Europe