Platts discontinues US West Coast gasoline forward curves

S&P Global Platts has discontinued its US West Coast gasoline derivative assessments, as well as related crack derivative assessments, effective March 8, 2021.

Platts is discontinuing its assessments of outrights, differentials and timespreads for 12 months and four quarters for US West Coast gasoline derivatives, as well as related WTI, Brent and Dubai crack derivative assessments for the same period.

These discontinuations were first proposed in a note published Dec. 2: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/120220-platts-proposes-to-discontinue-us-west-coast-gasoline-forward-curves

Platts is discontinuing these forward curves due to limited observed spot market activity in the derivatives market, as well as a lack of liquidity beyond the first two months of the curve.

The USWC gasoline outright derivative assessments settles against the Platts Los Angeles CARBOB gasoline prompt pipeline physical assessments over a calendar period, while the differential derivative assessments settle against the difference between the Platts Los Angeles CARBOB gasoline prompt pipeline physical assessments and the frontline NYMEX RBOB futures settlement price over a calendar period.

There will be no change to the underlying Platts physical assessments of Los Angeles gasoline.

The affected derivative assessments are:

Outrights

Gasoline Reg Unl USWC Cargo Financial Mo01

Gasoline Reg Unl USWC Cargo Financial Mo02

Gasoline Reg Unl USWC Cargo Financial Mo03

Gasoline Reg Unl USWC Cargo Financial Mo04

Gasoline Reg Unl USWC Cargo Financial Mo05

Gasoline Reg Unl USWC Cargo Financial Mo06

Gasoline Reg Unl USWC Cargo Financial Mo07

Gasoline Reg Unl USWC Cargo Financial Mo08

Gasoline Reg Unl USWC Cargo Financial Mo09

Gasoline Reg Unl USWC Cargo Financial Mo10

Gasoline Reg Unl USWC Cargo Financial Mo11

Gasoline Reg Unl USWC Cargo Financial Mo12

Gasoline Reg Unl USWC Cargo Financial Qr01

Gasoline Reg Unl USWC Cargo Financial Qr02

Gasoline Reg Unl USWC Cargo Financial Qr03

Gasoline Reg Unl USWC Cargo Financial Qr04

Differentials

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo01

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo02

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo03

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo04

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo05

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo06

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo07

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo08

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo09

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo10

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo11

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo12

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr01

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr02

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr03

Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr04

Timespreads

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo01/Mo02

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo02/Mo03

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo03/Mo04

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo04/Mo05

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo05/Mo06

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo06/Mo07

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo07/Mo08

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo08/Mo09

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo09/Mo10

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo10/Mo11

Gasoline Reg Unl USWC Cargo Financial Time Spread Mo11/Mo12

Gasoline Reg Unl USWC Cargo Financial Time Spread Qr01/Qr02

Gasoline Reg Unl USWC Cargo Financial Time Spread Qr02/Qr03

Gasoline Reg Unl USWC Cargo Financial Time Spread Qr03/Qr04

Cracks

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo01

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo02

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo03

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo04

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo05

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo06

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo07

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo08

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo09

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo10

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo11

Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo12

Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr01

Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr02

Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr03

Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr04

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo01

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo02

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo03

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo04

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo05

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo06

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo07

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo08

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo09

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo10

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo11

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo12

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr01

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr02

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr03

Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr04

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo01

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo02

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo03

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo04

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo05

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo06

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo07

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo08

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo09

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo10

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo11

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo12

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr01

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr02

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr03

Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr04

These assessments appeared on Platts Global Alert pages 350 and 158 and Platts Forward Curve Oil-US pages 644 and 645. These also appeared in Platts US Marketscan, Platts Oilgram Price Report and Asia-Pacific/Arab Gulf Marketscan, and in the Platts price database under the codes above.

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