For flagship US crude, 2020 has been a year of challenges, changes

<p>It has been a big year for the US flagship crude, West Texas Intermediate, and in particular the way that grade is priced.</p> <p>Following significant growth of US crude exports before the pandemic and then the April 20 price collapse of the NYMEX WTI contract, S&P Global Platts launched its AGS assessment for<br /> waterborne cargoes of WTI Midland loading on the US Gulf Coast.</p> <p>Then just last week, Platts captured the global oil industry’s attention with its proposal to include WTI Midland in the Dated Brent global benchmark beginning in March 2022.</p> <p>In today's podcast we'll review how Platts AGS has performed since its launch in June amid challenging fundamentals for global oil markets.</p>