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Platts Dubai and Oman crude oil benchmarks are the primary pricing references for crude oil delivered from the Middle East Gulf, Russia, Mexico and other parts of the world to refiners, and have been so since spot markets emerged in the 1980s. Platts Market-on-Close (MOC) is the process Platts editors use to assess prices for crude oil, petroleum products and related swaps. No Americas assessments in Crude Oil Marketwire. 0710--Platts Privately Negotiated Futures Trade Summary . Commodity price agency S&P Global Platts, a unit of S&P Global Inc, is reviewing the way it prices Indonesia's Minas crude oil, the company told subscribers in a note on Tuesday. Our mission is to provide transparency to global commodity markets and we regularly update our commodities price methodologies to reflect this. 1241: Platts US Crude Assessments at London MOC Monthly Averages (New content) 1250: Crude Deltas to Platts Benchmark . ... NYMEX Gulf Sour crude 500 24May12 . This means that all data for use in Platts’ crude oil assessments may be published by Platts editorial staff while assessing the value of the markets. Platts may issue further updates and enhancements to this guide and will announce these to subscribers through its usual publications of record. Methodology: The most competitive grade at the margin will Whether you are selling, buying or trading crude or products, our global oil coverage provides Platts Assessments Methodology Guide. Get daily prices today. Platts Assessment Methodology Guide LEARN MORE. Videos Archive Methodology Watch again or catch up on the S&P Global videos you have missed. After US crude WTI futures collapsed on April 20, 2021 to negative $40 per barrel (/b), the US crude oil market is ready for an alternative to the discredited logistics of Cushing, Oklahoma. METHODOLOGY AND SPECIFICATIONS GUIDE Yield Netback (Latest Update: August 2013) Introduction 2 How this methodology statement is organized 2 Part I: Data quality and data submission 2 Part II: Security and confidentiality 2 Part III: Calculating indexes and making assessments 2 Where Platts Daily Yield can be found 3 Components of the model … The crude oil guides contain the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. Platts crude oil price assessments are all developed using its Market-on-Close (MOC) methodology, a highly-structured, transparent price assessment process based on the principle that price is a function of time. Understanding crude quality has never been more important, following the dramatic rise in US shale output, which has transformed the composition of the global oil market. S&P Global Platts Price Assessment Methodology Explained . METHODOLOGY AND SPECIFICATIONS GUIDE Crude Oil (Latest Update: December 2014) Introduction 2 How this methodology statement is organized 2 Part I: Data quality and data submission 2 What to report 2 How to report 3 MOC data publishing principles 3 Part II: Security and confidentiality 5 Part III: Calculating indexes and … Platts Products. After US crude WTI futures collapsed on April 20, 2021 to negative $40 per barrel (/b), the US crude oil market is ready for an alternative to the discredited logistics of Cushing, Oklahoma. Delivered at S&P Global Platts Virtual Middle East Oil Forum, gain unique insight into: demand recovery, OPEC+, crude and refined product trade flows. Benchmark Statements Learn More. Crude Oil Methodology Published May, 2021 The crude oil guides contain the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. Yields netbacks-methodology Platts 1. Many state-owned oil companies (NOCs) price crude oil sales to long-term customers using an official selling price (OSP) for each of their major crude streams. Crude Oil Methodology. This guide is current at the time of publication. OPEC+ crude oil production rises in April, on surges from Iran, Russia: Platts survey 11th May 2021 07:48 GMT A resurgent Iran pumped its largest volume of crude in almost two years in April, while an increasingly compliance-challenged Russia also boosted its output yet again, bringing total production by OPEC and its allies to a three-month high, according to the latest S&P Global Platts survey. FAQ Why is Platts publishing a new Bakken crude assessment? PlaTTS aGS meThodoloGy what crude does Platts aGS assessment reflect now? Crude Oil. The assessed date range will typically stretch to the equivalent date of the following month. S&P Global Platts is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets.The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.. S&P Global Platts and Argus Media are recognized as the two most significant price reporting agencies for the oil market. Trading activity, including bids/offers and transactions, is covered during the typical operating hours of the European markets with market values determined precisely at 16.30:00 London time. Will the cyberattack that forced the largest US oil pipeline to shut down for days be a wake-up call... 0925 GMT: Crude oil futures were a tad higher in the morning trade May 12 following the data... India's domestic wheat prices are expected to rise after the government increased auction prices for... Crude moves higher on US inventory draw, global demand expectations, India hikes wheat auction price; move could limit exports: sources, Commodity Prices and Essential Market Data, Northeast Power and Gas Markets Virtual Conference, Methodology and Specifications Guide: Global Crude Refinery Values and Netbacks, Specifications Guide: Asia Pacific and Middle East Crude Oil, Specifications Guide: Europe and Africa Crude Oil, FAQ: 10-day RFA for the cross-UKC 80kt Aframax assessment, FAQ: Dated Brent CIF Rotterdam Assessment, FAQ: S&P Global Platts West African Crude Oil MOC, FAQ: S&P Global Platts US Gulf Coast crude delivered Europe. Platts Oil Methodology Explained – On Demand. Discover how you can access our oil prices, news & analysis. Since 1909, Platts has provided information and insights that help clients make sound trading and business decisions, and … Platts Crude Oil helps to develop, connect & explain the market price of crude oil products. METHODOLOGY AND SPECIFICATIONS GUIDE Yield Netback (Latest Update: August 2013) Introduction 2 How this methodology statement is organized 2 Part I: Data quality and data submission 2 Part II: Security and confidentiality 2 Part III: Calculating indexes and making assessments 2 Where Platts Daily Yield can be found 3 Components of the model … Platts launched assessments for US crude loading at the Gulf Coast in 2016 and refined the methodology over the years. Platts is reviewing the suitability of continuing to assess the crude oil grade using a “market-on-close” methodology or move to a market adjusted “gross product worth” calculation, it said. Yields netbacks-methodology Platts 1. Oman swaps are settled against the average of Platts’ front-month spot Oman crude assessments as published in the Platts Crude Oil Marketwire. The crude oil guides contain the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. S&P Global Platts provides clients with in-depth and independent analyses of worldwide crude and petroleum products markets, including fundamentals data, price forecasting, and insights into market developments and emerging trends. Platts, the unit of McGraw Hill Financial Inc. that was raided last week as part of a European Union probe into oil pricing, said its review will start in June and be completed this year. Platts, from this date, assesses crude meeting 37 degree API minimum and 0.6 pct sulfur maximum content in Forties. When other benchmarks buckle, S&P Global Platts leads with Platts American GulfCoast Select (AGS). 1225: Platts Ruble/Bbl Monthly Averages (New content) 1226: Platts Russia Domestic Crude Assessments . Click here to view: www.plattsmethodology.com. On This Page. Platts will continue to review the situation to ensure its assessments reflect normal and standard grades. Platts will continue to review the situation to ensure its assessments reflect normal and standard grades. Crude Oil Methodology The crude oil guides contain the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. PGA/PPA2601--Platts Intraday Crude and Product Derivatives at 0300 GMT - 02Sep11 Singapore (Platts)--17Aug2011/1133 pm EDT/333 GMT Indicative values effective 11.00am in Singapore (0300 GMT) This in-depth online resource is the next best thing to attending one of our dedicated oil Methodology sessions presented by Platts editors who understand the oil markets and assess the prices. That work accelerated after the events of April 20, 2020. S&P Global Platts is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets.The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.. S&P Global Platts and Argus Media are recognized as the two most significant price reporting agencies for the oil market. When other benchmarks buckle, S&P Global Platts leads with Platts American GulfCoast Select (AGS). The various components are designed to give Platts subscribers as much information as possible about a wide range of methodology and specification issues. Benchmark Statements Learn More. methodology reflects values on a market-on- close basis. View apag-crude-methodology.pdf from CHE 42 at National Engineering School of Tunis. Platts Oil Pricing and MOC Methodology Explained. Platts crude oil assessments are produced in accordance with Platts’ Market on Close assessment methodology. Platts issue daily price assessments for the oil, gas, metals, coal, petrochemicals and agriculture commodity markets. Oil price assessment agency Platts said on Friday it has no plans to change its methodology for deals on North Sea dated Brent crude after Royal Dutch … Platts Assessment Methodology Guide LEARN MORE. 0705--Platts NYMEX Settlement Prices . Platts Oil Pricing and MOC Methodology Explained ... Platts’ Dated Brent assessment is used to price up to 70% of the crude oil produced worldwide. 0704--Platts ICE Settlement Prices . Platts is now seeking feedback by February 14, 2019 on … Benchmark Statements Learn More. Platts North Sea crude oil assessments reflect the value of physical crude oil loading 10 days forward from the date of publication to one full month ahead. Oman swaps: The Oman swaps market is often used to hedge heavy, medium sour crude cargoes from the Middle East. russiandomestic.pdf - platts Methodology and Specifications Guide www.platts.com Russian Domestic Market General Terms and Conditions 2 Crude oil 5 or Platts Crude Oil Market Bulletin refers to the daily publication of crude oil quotes that are customarily adopted by the petroleum industry to determine crude oil prices. Frequently Asked Questions Platts Global Crude Oil OSPs: October 2020 What is an Official Selling Price (OSP)? Platts’ European benchmark Dated Brent, based on light, sweet North Sea oil grades, is used to price over half the world’s physical crude trades. Platts’ transparent and robust price assessment methodology is applied throughout our range of dedicated, unbiased oil and shipping products. View crudeoilspecs.pdf from SKT SKKC 4723 at University of Technology Malaysia, Johor Bahru, Skudai. ] Platts crude oil and refined products assessments are produced in accordance with Platts’ Market on Close assessment methodology. To reflect this change, S&P Global Platts created a periodic table of oil cataloguing 120 of … To reflect this change, S&P Global Platts created a periodic table of oil cataloguing 120 of … Published April, 2021. On this page you will find the latest Crude Oil news, information, and analysis from S&P Global Platts. Platts launched assessments for US crude loading at the Gulf Coast in 2016 and refined the methodology over the years. Platts Assessments Methodology Guide. S&P Global Platts is the leading independent provider of information and benchmark prices for the commodities and energy markets. No content below the line No content below the line Platts Price Assessments Spot Markets / Benchmarks Platts – An introduction Q&A Market on Close - In Depth Methodology / MOC Principles & Guidelines / Process Agenda . Tell me more + METHODOLOGY GUIDE BUNKER FUELS BUNKER FUELS & TANKERS 3 Platts’ assessments reflect price levels between 3-5 p.m. East Coast time, but within the context of the broader day. Platts Assessment Methodology Guide LEARN MORE. That work accelerated after the events of April 20, 2020. Attending one of our regional Platts Price Assessment Methodology Explained sessions is the ideal opportunity to hear directly from experienced Platts editors who understand your market. environment, Platts Analytics forecasts US crude exports to maintain a level of 1.5 MMb/d in 2021 with about 500 Mb/d going to Canada. Platts is now seeking feedback by February 14, 2019 on … 0704--Platts ICE Settlement Prices . Platts. crude assessments. 6 | Platts Oil Pricing and MOC Methodology Explained BACKGROUNDER: Platts Oil Pricing and MOC Platts is not alone in providing information and transparency to markets. Methodology: The most competitive grade at the margin will On This Page ; Agriculture; Electric Power ; Shipping; ... Oil, Crude Oil; Apr 2021; Crude Oil Methodology Learn More . ... NYMEX Gulf Sour crude 500 24May12 . With deep financial markets Welcome to Platts Price Assessment Methodology Explained This in-depth online resource is the next best thing to attending one of our dedicated Methodology sessions presented by Platts editors who understand the oil markets and assess the prices. Methodology and specifications guide Crude oil: January 2019 2019 S&P Global Platts, a division of S&P Global Inc. ... Platts accepts any reasonable method of delivery/communication for information provided for publication in real-time, including for bids, offers and transactions. On This Page ; Agriculture; Electric Power ; Shipping; ... Oil, Crude Oil; May 2021; Crude Oil Methodology Learn More . Platts tracks outright and … This equates to about two Aframax cargoes per day departing the US Gulf Coast—more than adequate volume to sustain a benchmark. Platts methodologies are designed to produce price assessments that are representative of market value, and of the particular markets to which they relate. The plan will not affect Platts methodology for assessing Cash Brent (BFOE) crude markets, it said. This means that all data for use in Platts’ crude oil and refined products assessments may be published by Platts editorial staff while assessing the … Platts Assessments Methodology Guide. That work accelerated after the events of April 20, 2020. 1223: Platts Azeri Crude Monthly Averages (New content) 1224: Platts Ruble/Bbl Assessments . Platts crude oil and refined products assessments are produced in accordance with Platts’ Market on Close assessment methodology. Welcome to Platts Price Assessment Methodology Explained This in-depth online resource is the next best thing to attending one of our dedicated Methodology sessions presented by Platts editors who understand the oil markets and assess the prices. On This Page. This means that all data for use in Platts’ crude oil and refined products assessments may be published by Platts editorial staff while assessing the … The various components are designed to give Platts subscribers as much information as possible about a wide range of methodology and specification issues. Platts Oilgram Price Report, US Marketscan, North America Crudewire, Platts Refiner, Platts Spot To Rack and Latin American Wire not published. 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