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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

Oil futures spike on short covering, close higher
New York (Platts)--17 Dec 2014 456 pm EST/2156 GMT

Volatile oil futures held onto early gains Wednesday and settled in positive territory after a wave of short covering following the release of US weekly inventory data pushed prices higher.
China's oil conundrums: Rising crude demand and falling product imports
December 15, 2014 00:30:00 EST

Vandana Hari, editorial director in Asia, Yen Ling Song, senior writer for oil news, and Oceana Zhou, senior analyst, discuss China's shift to being a net oil product exporter and its strategic move to guard against market volatility; as well as the challenges being faced by teapot refiners.
Seconds out... oil export fight
December 16, 2014 - For the first time in a generation, US oil market fundamentals have shifted enough for a serious reconsideration of export policy, and ignited a battle between producers and refiners.
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