Clarification of West African cargo time cut-offs

In its daily assessments of West African crude oil, Platts reflects cargo bids and offers that are submitted in full to Platts before 15:45 London time (currently 1545 BST, 1445 GMT).

The prices of these bids and offers may be adjusted at a rate of a maximum of 5 cents/barrel/minute.

The last price change must be submitted to Platts ahead of 16:25 London time.

Platts assessments reflect value at 16:30 London time precisely.

Comments please to europe_crude@platts.com with a CC to pricegroup@platts.com