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Bakken: The King in the North
Platts' Bakken crude oil assessment represents the light sweet crude traded close to the wellhead at North Dakota terminals in the Williston Basin.
Bakken: The King in the North

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US Gulf Coast crude runs highest on record; crude stocks draw: EIA
New York (Platts)--20 Aug 2014 449 pm EDT/2049 GMT

* Crude runs at 8.74 million b/d, counter to analysts expectations
Cap-and-trade and carbon reduction updates coming soon to California
July 18, 2014 16:00:00 EST

On January 1, 2015, the cap-and-trade system goes into effect for all transportation fuels in California. Another carbon reduction plan in the state continues its gradual push toward lowering the carbon intensity of the state's transportation fuels by 10% by 2020. John Kingston, director of news, and Beth Evans, associate editorial director, Americas oil news, discuss the California low carbon fuel standard and the cap-and-trade system.
Crisis in Iraq: Oil and troubled water
August 15, 2014 - ISIS's lightning offensive across northern Iraq has effectively partitioned Iraq, both politically and economically, cutting off semi-autonomous Kurdistan from Baghdad and the south and establishing a "caliphate" that it may well seek to extend beyond Syria and Iraq.
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