15 Mar 2021 | 02:51 UTC — Singapore

Platts to publish Malaysia's Bintulu, Dulang, Cendor crude OSP differentials from May 3, 2021

S&P Global Platts will start publishing the official selling price, or OSP, differentials of Malaysia's Bintulu, Dulang and Cendor crude set by state-owned Petronas from May 3, 2021.

In addition, Platts will also publish the outright OSPs of Kimanis and Cendor crude as announced by the state-owned company.

These OSPs and OSP differentials will be published alongside the existing Malaysian crude OSPs currently published on Platts Global Alert page 1062.

The additions made to the current crude postings reflect and consolidate the latest changes made by Petronas.

From February 2021, Petronas started issuing price differentials of its secondary crude oil grades against its main basket of crude oil grades, consisting of Labuan, Miri, Kikeh and Kimanis.

Platts will reflect the price differentials of these secondary grades Bintulu, Dulang and Cendor against Platts Dated Brent assessments, in line with the existing OSP differentials published for the main basket grades as well as Tapis crude.

Please send all comments, feedback and questions to asia_crude@spglobal.com and pricegroup@spglobal.com.

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

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