Platts AGS value softens as EIA reports increased US crudes exports

American GulfCoast Select (AGS) crude softened Sept. 7, despite a slight rise in exports. Platts assessed AGS down 67 cents/b to $88.76/b. It was assessed at a $2.66/b premium to the NYMEX WTI strip, unchanged from the previous session. The AGS discount to the forward Dated Brent strip widened by 1 cent, to $1.34/b. NYMEX October WTI settled down 67…American GulfCoast Select (AGS) crude softened Sept. 7, despite a slight rise in exports. Platts assessed AGS down 67 cents/b to $88.76/b. It was assessed at a $2.66/b premium to the NYMEX WTI strip, unchanged from the previous session. The AGS discount to the forward Dated Brent strip widened by 1 cent, to $1.34/b. NYMEX October WTI settled down 67…  Read More