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05 Apr 2022 | 16:46 UTC
Due to extreme volatility observed in the USAC Buckeye Pipeline jet fuel market, S&P Global Commodity Insights has increased the maximum incrementability for bids and offers published in the April 5 Platts Market on Close assessment process using eWindow communication tool markets.
This change applies to the Platts Market on Close assessment process for April 5 provided by S&P Global.
Platts USAC Buckeye Pipeline jet fuel: Platts increases the maximum incrementability for bids and offers to 50 points/gal (0.50 cents/gal) every 15 seconds, from 25 points/gal (0.25 cents/gal) every 30 seconds. There are no changes to the incrementability in other US refined products markets.
Please send comments to americas_products@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for publication by S&P Global for public viewing. S&P Global will consider all comments received and will make comments not marked as confidential available upon request.