The new, lighter US crude grade flowing from Texas to Asia - a podcast by S&P Global Platts

from 2019-05-20T07:00

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As tighter US sanctions against Iran continue to change global oil flows, Asian refiners are testing a new grade of lighter crude flowing from the Permian Basin. West Texas Light has an API gravity averaging 48, compared with traditional WTI at 38-44 API. Laura Huchzermeyer, managing editor of...