Platts Changes to Middle East Oil Pricing Causing Trader Angst
Yahoo Finance·2026-03-06 17:51

Bloomberg Middle Eastern benchmark crude oil prices have surged this week, as an Iran-war driven rule change affecting a key pricing window resulted in market dislocations that have drawn complaints from traders. At the start of the week, S&P Global Energy, or Platts as it’s better known, stopped accepting bids and offers in its daily trading window for crude varieties that need to transit the Strait of Hormuz. Most Read from Bloomberg This has meant only Oman and Murban crude, which load outside the ...

Platts Changes to Middle East Oil Pricing Causing Trader Angst - Reportify