18 Apr 2024 | 15:57 UTC

Platts corrects April 2-16 Med, Urals crude freight netback, netforward calculated values

Please note that Platts, part of S&P Global Commodity Insights, has corrected the April 2-16 freight netback, netforward calculated values for Mediterranean and Urals crude.

The corrected close values should read as follows:

Assessment Code 16/04/2024 15/04/2024 12/04/2024 11/04/2024 10/04/2024 09/04/2024 08/04/2024 05/04/2024 04/04/2024 03/04/2024 02/04/2024
Urals CIF Rotterdam AAGXJ00 -13.465 -13.56 -13.56 -13.69 -13.785 -13.785 -13.67 -13.67 -13.77 -13.8 -13.705
Urals CIF Med AAGXX00 -11.475 -11.335 -11.46 -11.545 -11.545 -12.025 -12.585 -12.49 -12.62 -12.62 -12.82
KEBCO FOB Ust Luga KBCOH00 -2.770 -2.72 -2.72 -2.585 -2.485 -2.385 -2.355 -2.355 -2.355 -2.32 -2.52
KEBCO FOB Novo KBCOF00 -4.025 -4.215 -4.09 -4.005 -4.005 -3.675 -3.415 -3.51 -3.48 -3.48 -3.58
Azeri FOB Supsa AATHN00 -0.765 -0.895 -0.925 -1.095 -1.295 -0.98 -0.79 -0.93 -0.9 -0.9 -0.85
BTC FOB Ceyhan AAUFJ00 0.820 0.78 0.535 0.335 0.18 0.375 0.385 0.375 0.39 0.405 0.455
Azeri FOB Ceyhan Suez AAUFN00 1.215 1.215 1.015 0.815 0.67 0.795 0.745 0.695 0.695 0.725 0.775
Azeri FOB Ceyhan Afra AAUFL00 0.430 0.345 0.06 -0.14 -0.31 -0.045 0.02 0.055 0.08 0.08 0.13
CPC FOB Suez AALVZ00 -5.495 -5.445 -5.38 -5.415 -5.445 -5.415 -5.335 -5.39 -5.655 -5.835 -6.035
CPC FOB Afra AAOFW00 -6.730 -6.805 -6.69 -6.71 -6.845 -6.645 -6.41 -6.52 -6.71 -6.935 -7.135

Associated low bates, high bates and outright values have also been updated in the Platts database.

The assessments appear in Platts Global Alert pages 1220, 1222, 1234 and in Crude Oil Marketwire.