Platts clarifies delivery range reflected in Dated Brent CIF Rotterdam assessment

S&P Global Platts would like to restate its guidelines regarding the delivery range reflected in its Dated Brent CIF Rotterdam assessment.

Platts Dated Brent CIF Rotterdam assessment reflects deliveries in the UK Continent (UKC) range from Gibraltar up to but not including the Baltic Sea.

Platts typically views the Oresund Bridge, joining Denmark and Sweden, as the eastern extent of this range.

All vessels nominated to perform on trades reported in the Dated Brent CIF Rotterdam Market On Close (MOC) assessment process should carry the appropriate charter party options to deliver within this stated range.

A buyer may request additional options from a seller at any time, and these requests must be passed on to the shipowner.

A seller cannot unreasonably withhold a request for additional options beyond those required in the Platts MOC process.

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

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 to the public upon request.