WTI Specs Continue to Attract Attention

As has been discussed at various industry meetings and detailed in Turner, Mason & Company’s recent blog “Suspicious Minds- Quality Challenges and Crude Oil Exports”, WTI quality and quality specifications vary depending on location and transportation mode and route.  

On June 23, 2020, Platts issued a proposal note, proposing specifications for WTI pipeline and cargo assessments. Their specifications address “direct-from- Permian” supply.
Their release is available for viewing here.

Comments and feedback to Platts regarding this proposal are requested by July 17, 2020.