SUBSCRIBER NOTE: Platts proposes new crude yields, netbacks, margins

Platts proposes to launch daily yields, netbacks and margin values for six crudes and condensates across three locations to expand its Yields & Netbacks information offering with effect from June 1, 2016.

Under this proposal, Platts would publish yields, netbacks and margins for the following crudes, condensates and locations: Houston Light Sweet ARA cracking, Houston Light Sweet Italy cracking, Eagle Ford Condensate ARA cracking, Eagle Ford Condensate Italy cracking, Western Canadian Select Italy coking, Upper Zakum Singapore cracking, Al Shaheen Singapore cracking, Forties Singapore cracking.

The Yields would be generated in collaboration with Turner, Mason & Co., which supplies the yield calculation formulas. The daily yields, netbacks and margins will be published on Platts Global Alert (pages 1810, 1820, 2810 respectively), in the Crude Oil Marketwire, and in Platts Market Data.

Platts proposes to launch corresponding weekly average yields and netbacks effective June 7, 2016. Those weekly averages will be published in the Feeder Crude Tables on Platts Global Alert, in the Oilgram Price Report, and in the database.

Please send any comments or questions to jeff.mower@platts.com, oil@platts.com and pricegroup@platts.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 upon request.