25 Jan 2023 | 15:34 UTC

Platts to change loading volumes of White Rose crude cargo assessment

Platts, part of S&P Global Commodity Insights, will update the cargo volumes for its Canadian White Rose crude assessment, effective March 1, 2023.

Platts will establish in its White Rose assessment a minimum volume of 550,000 barrels and maximum of 960,000 barrels, with the cargo assessment reflecting a standard volume of 710,000 barrels. The White Rose assessments currently reflect a typical volume of 900,000 barrels. The updated volumes are based on market feedback and an analysis of shipping data.

The volume changes will apply to the assessment of Eastern Canadian White Rose, which reflects barrels loading on an FOB basis at Whiffen Head, Newfoundland, Canada.

The changes will apply to the following codes:

White Rose AAVJX00 AAVJX03

White Rose vs Canada Dated Brent Strip AAVJY00 AAVJY03

White Rose (C$/CM) AAVPI00 AAVPI03

Please send any feedback or questions to americas_crude@spglobal.com and pricegroup@spglobal.com.