04 Jan 2021 | 12:36 UTC — London

Platts updates Statfjord crude oil freight netback for 2021

Effective Jan. 4, 2021, S&P Global Platts will reflect an updated freight rate for 2021 in its free on board (FOB) Statfjord crude oil netback price assessment.

Platts assesses its FOB Statfjord assessment as a freight netback from its CIF Rotterdam assessment.

The updated freight netback value for 2021 will be 95 cents/b.

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