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28 Apr 2009 | 02:43 UTC — New York
Brazil's Petrobras has advised Platts it intends to take part in the Platts Market on Close physical assessment process for Asian refined products, starting with fuel oil.
Platts considers bids, offers and transactions by all credible and creditworthy parties in its assessment procedures.
Platts requests that any potential counterparty that may be unable to trade with Petrobras, for any reason, should alert Platts.
Petrobras will trade under its Singapore-based entity, Petrobras Singapore Pte Ltd.
For comments and feedback, please contact paul_young@platts.com with a cc to jonathon_nonis@platts.com and sharmilpal_kaur@platts.com.