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11 Apr 2013 | 04:38 UTC — London
Platts proposes to relocate certain US crude assessments from the RI (London-close crude assessments) data category to the RU (Houston-close crude assessments) data category in Platts Market Assessment database to reflect the fact those assessments represent the value of crudes at the close of trading in the US. Platts expects these codes will be moved from current market data categories to RU with effect from May 1, 2014. A full table of affected assessments is provided below. Please send questions and/or comments to PGA@platts.com by November 30, 2013.
Current New Category Cat Code Description RI RU AAEJH00 Basrah Light USGC RI RU AAEJI00 Basrah Light USGC MAvg RI RU AAGWV00 Basrah Light USGC vs WTI Mo02 RI RU AAGWW00 Basrah Light USGC vs WTI Mo02 MAvg RI RU AAQBF00 Americas Dated Brent RI RU AAQBF03 Americas Dated Brent MAvg