Taiwan’s CPC to receive first US Bakken crude cargo in August

S&P Global Platts | Jun 12, 2019 at 5:47 AM
  • The company will take delivery of around 600,000 barrels of the light, sweet grade in August, to be co-loaded with 1.4 million barrels of WTI Midland crude in one VLCC.
  • Bakken crude has been on CPC’s procurement list for sweet crudes for a while.
  • In the same tender, CPC also bought for August-delivery another two VLCCs of WTI Midland crude, as well as around 1 million barrels of Angola’s Palanca crude.