When discussing oil, the Middle East immediately comes to mind. It is at the core of multiple current events occurring in the world, politically, religiously, economically, and in the energy market; therefore, it is no surprise that at the Platt’s Global Crude Oil Summit, there will be a session dedicated solely to core trends in […]
The oil pricing landscape is facing critical changes as regional activities surrounding established benchmarks are impacting markets on a global scale. Asia’s lower-than-anticipated appetite for crude oil, coupled with the misconception that all production will be dominated by the Middle East, suggests a potential re-emergence of West Texas Intermediate (WTI) as the international price reference.1 […]