The Crude Report: Argentina’s Medanito sails overseas

Previously a locally-kept secret, Argentina’s Medanito crude oil has found its way into the global market. With its WTI-like quality, it has started finding homes in Chile, The Netherlands, Denmark and, most notably, the US west coast. In this episode of The Crude Report, senior reporter Monica Rojas Hidalgo and Argus Americas Crude Editor Gus Vasquez discuss how spot trade of Medanito crude has grown – enough to warrant its own market assessment. For more on the Medanito market and in-depth, daily coverage of the Latin America crude oil markets, consider subscribing to Argus Americas Crude. You can find more information on this service at https://www.argusmedia.com.