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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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Hague court orders Russia to pay $50 bil in Yukos case
Moscow (Platts)--28 Jul 2014 1048 am EDT/1448 GMT

* Russia expected to seek to overturn the decision in courts
Cap-and-trade and carbon reduction updates coming soon to California
June 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.
Iran's oil exports hold at higher levels as nuke deal extended
July 28, 2014 - The July 25 agreement between Iran and six world powers to extend their interim six-month nuclear deal by four months effectively rules out the likelihood of any significant increase in Iranian crude flows during the remainder of this year.
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