Platts to discontinue Group Three on-road low sulfur diesel

Commodity: Oil Region: Americas

Platts had previously announced that it would discontinue its Group 3 on-road LS Diesel assessments to coincide with Magellan Pipeline?s last shipment day for on-road LSD. As of June 9, Magellan has announced that effective June 15, it will no longer accept shipments of on-road low sulfur diesel throughout the majority of its system. Platts will cease assessing Group 3 on-road LSD on June 15, 2010,with the last assessment published on June 14, 2010. The discontinuation is due to the US Environmental Protection Agency ban on refiners producing 500 ppm low sulfur diesel fuel for domestic on-road use after June 1.

Please be advised that Platts will discontinue both the daily assessment code and the monthly average code on the same day. There will be NO June monthly average calculated.

DISP SYMBOL BATES DEC FREQ CURR UOM DESCRIPTION PG POAEQ00 hl 2 DW USC GAL LS Diesel Group 3 Spot MA POAEQ03 hlc 2 MA USC GAL LS Diesel Group 3 Spot MAvg