Aramco Secures First US Crude Cargo, Shaping Brent Oil Market

• Sunday, 26th January 2025
• by Doaa Ashraf

Saudi Aramco has purchased its first cargo of WTI Midland, a U.S. crude oil grade that underpins the global Brent benchmark, according to Reuters. The transaction took place on Tuesday in the Platts trading window ...

Platts to Include More Arab Grades into Pricing Benchmarks

• Thursday, 19th November 2015
• by Egypt Oil & Gas

Oil pricing agency Platts is expected to announce by the end of this year which of two Middle East crude grades it will add to its Dubai benchmark in 2016 to boost the liquidity of its price assessment process