SUBSCRIBER NOTE: Proposed changes to US intraday refined product assessments

Platts is proposing to change the timing of its intraday refined product assessments in the US with effect from June 20, 2016.

Platts currently publishes assessments for key US gasoline and middle distillate markets at 10 am, 12 noon and 2 pm Eastern Time.

Platts is proposing to publish the first set of intraday assessments at 10 am ET and a second set at the same time as the London market close, which for most of the year is 11:30 am ET (4:30 pm local time in London).

This change is intended to reflect the increasingly interconnected global markets for refined products, by publishing relative values for similar grades of gasoline and middle distillates at the same time in Europe and the US.

The change would impact all of the following intraday assessments:

Assessment, code Intraday Gasoline CARBOB 85.5 Los Angeles pipe, AAVSB00 Intraday Gasoline CARBOB 85.5 Los Angeles pipe vs NYMEX RBOB, AAVSBDF Intraday Gasoline CBOB Chicago pipe, AAWZR00 Intraday Gasoline CBOB Chicago pipe vs NYMEX RBOB, AAWZR01 Intraday Gasoline Suboctane Group 3 pipe, AAXIX01 Intraday Gasoline Suboctane Group 3 pipe vs NYMEX, AAXIX02 Intraday Gasoline CBOB NYH barge, AAWZT00 Intraday Gasoline CBOB NYH barge vs NYMEX RBOB, AAWZT01 Intraday Gasoline CBOB USGC pipe, AAWZU00 Intraday Gasoline CBOB USGC pipe vs NYMEX RBOB, AAWZU01 Intraday Gasoline RBOB Chicago pipe, AAWZV00 Intraday Gasoline RBOB Chicago pipe vs NYMEX RBOB, AAWZV01 Intraday Gasoline RBOB NYH barge, AAWZW00 Intraday Gasoline RBOB NYH barge vs NYMEX RBOB, AAWZW01 Intraday Gasoline RBOB USGC pipe, AAWZX00 Intraday Gasoline RBOB USGC pipe vs NYMEX RBOB, AAWZX01 Intraday NYMEX RBOB Mo01, XUHU100 Intraday NYMEX RBOB Mo02, XUHU200 Intraday Heating Oil No. 2 USGC pipe, PIAAD00 Intraday Heating Oil No. 2 USGC pipe vs NYMEX Heating Oil, PDAAD00 Intraday Heating Oil NYH barge, AAWZY00 Intraday Heating Oil NYH barge vs NYMEX Heating Oil, AAWZY01 Intraday Heating Oil USGC pipe, AAWZZ00 Intraday Heating Oil USGC pipe vs NYMEX Heating Oil, AAWZZ01 Intraday CARB Diesel Los Angeles, AAVSC00 Intraday CARB Diesel Los Angeles vs NYMEX Heating Oil, AAVSCDF Intraday ULSD Chicago, AAVTC00 Intraday ULSD Chicago vs NYMEX Heating Oil, AAVTC01 Intraday ULSD Group3, AAVTE00 Intraday ULSD Group3 vs NYMEX Heating Oil, AAVTE01 Intraday ULSD NYH barge, AAWUU00 Intraday ULSD NYH barge vs NYMEX Heating Oil, AAWUU01 Intraday ULSD USGC pipe, AAXAW00 Intraday ULSD USGC pipe vs NYMEX Heating Oil, AAXAW01 Intraday NYMEX Heating Oil Mo01, XUHO100 Intraday NYMEX Heating Oil Mo02, XUHO200

Please send comments and feedback by May 6 to americas_products@platts.com and pricegroup@platts.com.

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