SUBSCRIBER NOTE: Quality premiums for March 2019-loading Oseberg and Ekofisk cargoes

Effective February 1, 2019, the North Sea Quality Premium for March 2019-loading cargoes of Oseberg crude will be $0.6176/b, while a Quality Premium of $0.5213/b will be set for March 2019-loading cargoes of North Sea Ekofisk crude.

The month-ahead Ekofisk and Oseberg QPs can be found on Platts Global Alert pages 1210 and 1212, respectively, in Crude Oil Marketwire, and under codes AAXDZ00 and AAXDX00.

Current month QPs can be found on the same page and under codes AAXDY00 and AAXDW00, respectively.

The QPs are published to four decimal places and at 60% of the net price differences between Ekofisk and Oseberg, and the most competitive grade of crude among Brent, Forties, Oseberg, Ekofisk and Troll during the month prior to announcement.

Effective March 1, 2019, Platts will begin publication of a QP for Norway's Troll crude for April 2019-loading cargoes. This decision was announced November 13, 2018 and is available on www.spglobal.com

The month-ahead Troll QP will be available under the code ATFNA00 and the current month QP under the code ATFNB00. Both will also appear in Crude Oil Marketwire and on Platts Global Alert page 1212.

Platts announces QPs on the first publishing day of each month, a month prior to the escalators coming into effect.

Platts has made available a Question & Answer document in English, Mandarin and Russian that further elaborates on commonly raised questions from all respondents on its Dated Brent homepage at www.platts.com

Please send any comments and queries to Europe_Crude@spglobal.com and PriceGroup@spglobal.com