S&P Global streamlines conversion factors for global crude and refined products

S&P Global Commodity Insights has updated a number of conversion factors for global crude and refined products, that are published alongside the price database symbols for its Platts assessments, effective March 31, 2022.

The changes streamline conversions for crude and refined products worldwide to align with industry standards or market norms for all the regions, mostly affecting gallons to barrels, metric tons to barrels and gallons to metric tons.

There is no change to Platts methodology or any published assessments reflecting converted values.

For the full list of conversion factors, please go to the symbol page at https://www.spglobal.com/commodity-insights/en/our-methodology/symbol-page-directories and download the petroleum assessments file.

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

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