Houston, March 2017 S&P Global Platts (Platts) today announced that it will launch a new daily price assessment for the U.S. Gulf Coast blended medium, Louisiana Offshore Oil Port (LOOP) Sour* crude oil on March 27, 2017. The blend is increasingly becoming a competitive alternative to other established offshore grades and is a key component of the regional refining complex. Source: Commodities Now – Power and Energy – S&P Global Platts to Launch New Blended Sour Crude Price Reference
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Source: CTRM Center