Errors in Daily Yield published netbacks

Platts has detected that certain freight calculations that were published in the freight and netback portions of the Platts Daily Yield in 2009, 2010 and in early 2011 contained erroneous data elements that affected final values on affected locations.

Platts has since taken steps to ensure that all freight data elements used in calculating these values are correct.

Platts has reviewed affected data, and will leave the freight and netback values as originally published in the Daily Yield. Data for yields themselves were not affected.

Please send and comments or questions to oilgroup@platts.com and pricegroup@platts.com.