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WTI at Midland and Houston: Pillars of transparency for the Americas crude market
Various crude oil benchmarks are struggling to maintain a robust underpinning of physical liquidity – Dated Brent is now based on just about 100 physical traders per year, and Dubai is also facing limited liquidity.
And WTI? Physical trade of Midland-quality WTI is now well over 1mn b/d at Midland and about 500,000 b/d at MEH.
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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such as supply and demand dynamics, price trends, trading activity, and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered firsthand from the market.