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Crude Oil
February 19, 2024
Effective March 26, March 27 and March 28, and in line with the published holiday schedule, Platts, part of S&P Global Commodity Insights, will reflect bids, offers and trades for biofuels and chemicals barges that load 7-15 days forward, not the usual 3-15/5-15 days forward in its European Market on Close assessment process. The assessment continues to reflect the usual 3-15/5-15 days forward date range.
The full detail for each day can be seen below:
On March 26, MOC dates will be April 2 - April 10 (FE dates: April 2 - April 6; MW dates: April 4 - April 8; BE dates: April 6 - April 10)
On March 27, MOC dates will be April 3 - April 11 (FE dates: April 3 - April 7; MW dates: April 5 - April 9; BE dates: April 7 - April 11)
On March 28 , MOC dates will be April 4 - April 12 (FE dates: April 4 - April 8; MW dates: April 6 - April 10; BE dates: April 8 - April 12)
On March 28, all European biofuels and chemicals assessments will be on 12:30 London time basis, with all cut-offs and timings commensurate with a close at that time.
Please note that March 29 and April 1 are UK bank holidays and no European oil assessments will be published out of London. For further details on services affected, please consult the published holiday schedule at https://www.spglobal.com/platts/en/our-methodology/holiday
Please send any comments or questions to petchems@spglobal.com and ags@spglobal.com with a copy to pricegroup@spglobal.com