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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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Latest Oil News & Analysis

US July crude imports climb, but no Nigerian barrels for first time: EIA
New York (Platts)--29 Sep 2014 347 pm EDT/1947 GMT

US crude imports rose 569,000 b/d in July, though imports of Nigerian crude fell to zero for the first time on record, data from the US Energy Information Administration showed Monday.
China, India face headwinds as oil product demand, refinery utilizations shift
September 17, 2014 05:20:00 EST

In the first seven months of the year, China's oil demand was almost flat while India's consumption climbed almost 2%. Vandana Hari, Platts Asia editorial director, Mriganka Jaipuriyar, senior oil news editor, and Yen Ling Song, senior oil news writer, discuss the shift in both economies' oil product demand, refining capacity utilization, imports and exports.
OPEC heavyweights play down oil price fall
September 12, 2014 - What a difference three months can make. Oil prices were fairly buoyant when OPEC met on June 11, with its crude basket valued at $106.20/barrel and heading towards the $110.48/b it would reach nine days later. By September 11, the basket had plunged to $95.35/b.
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