04 Mar 2010 | 06:16 UTC — New York

Platts to launch Brent swaps, cracks on March 15

Platts will launch on March 15, 2010, new forward curve assessments for Brent outright price swaps, Brent swap time spreads, and swaps for cracks spreads between Brent and a variety of refined oil products: naphtha, gasoil, jet fuel, and fuel oil basis FOB Singapore.

This launch will come ahead of the planned discontinuation of price assessments of all Tapis swaps and Tapis-related crack swaps on March 31, 2010, the final date that Tapis-related curves will be published on Platts Forward Curve Asia, an add-on to Platts Global Alert.

The new assessments will be published on the pages listed below.

Please send all comments and questions to asia_crude@platts.com and pricegroup@platts.com.

New Platts Global Alert pages from March 15, 2010: PGA1630 - Platts Asia Brent Swaps assessments (outrights) PGA1632 - Platts Asia Brent Swaps assessments (time spreads) PGA1634 - Platts Asia Singapore Naphtha/Brent Crack Swaps PGA1636 - Platts Asia Jet/Brent Crack Swaps PGA1638 - Platts Asia Gasoil/Brent Crack Swaps PGA1640 - Platts Asia 180CST Fuel Oil/Brent Crack Swaps PGA1642 - Platts Asia 380CST Fuel Oil/Brent Crack Swaps Platts Global Alert pages to be discontinued from April 1, 2010: PGA349 - Asian Crude Tapis Paper Swaps PGA640 - Tapis Swaps (Asia) PGA657 - Naphtha-Tapis crack swaps PGA658 - Jet-Tapis crack swaps PGA659 - Gasoil-Tapis crack swaps