Crude Oil

February 02, 2024

Platts to discontinue West African crude BOTs and rationale

Platts, part of S&P Global Commodity Insights, will cease publication of the West African crude Bids, Offers and Trades (BOTs) and rationale from March 1, 2024, as the WAF Index assessment (AWAFB00) is no longer used for any derivatives settlement purposes.

Both the BOTs and rationale are currently published in Platts Crude Oil Marketwire and on PGA/PCR 1255 and 1259, respectively.

Platts will continue to publish the West African crude assessments as both differentials and outright prices.

Please send all comments to europe_crude@spglobal.com and pricegroup@spglobal.com by Feb. 16.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential available upon request.