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31 Mar 2009 | 09:49 UTC — New York
On March 31, Platts will apply the May NYMEX heating oil contract to all US Gulf Coast ultra low sulfur diesel, off-road low sulfur diesel and on-road low sulfur diesel during the Platts Market on Close assessment process.
The May NYMEX heating oil contract will also be used as the basis for Platts assessment.
This change is being made because the April NYMEX heating oil contract expires at 2:30 pm EDT (1:30 pm CDT), well before the Platts 3:15 pm EDT (2:15 pm CDT) assessment time.