26 Apr 2016 | 04:35 UTC — Houston

SUBSCRIBER NOTE: Platts launches new WTI physical crude oil assessments

Following an extensive period of internal research and industry feedback period which begun on March 3, Platts has launched five physical crude oil assessments for West Texas Intermediate, effective April 26, 2016.

The new assessments reflect the tradable value of second-month crude oil pipeline standard volumes for WTI ex-Midland, WTI MEH, and Light Houston Sweet to line up with the US close. In addition, Platts has launched assessments for front-month and second-month WTI MEH to line up with the London close.

The new crude oil assessment additions aim to capture market structure for West Texas Intermediate and support Platts existing front-month and Free-On-Board assessments.

The new assessments will be published in Platts Crude Oil Marketwire, Oilgram Price Report, North American Crude and Products Scan, and in the Platts database under the following codes:

AAYRZ00 - WTI MEH M1 (London MOC) AAYTA00 - WTI MEH M1 vs 1st Line WTI (London MOC) AAXYD00 - WTI MEH M2 (London MOC) AAYWA00 - WTI MEH M2 vs 2nd Line WTI (London MOC) AAYRY00 - Light Houston Sweet Mo02 AAXXE00 - WTI MEH Mo02 AAYYA00 - WTI MEH Mo02 vs WTI Mo02 AAYZA00 - WTI Midland Mo02 AAXXF00 - WTI Midland Mo02 vs WTI Mo02

Please send any additional comments or questions to americas_crude@platts.com, with a cc to pricegroup@platts.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available to the public upon request.