03 May 2012 | 07:28 UTC — New York

Subscriber note: Platts to suspend Canada oil postings averages

Platts proposes to suspend the publication of daily averages for crude oil posted prices from Canadian suppliers. These averages, which are the simple average of individual postings, are published on Platts Global Alert page 253, in North American Crude Wire and Oilgram Price Report. Platts would continue to publish posted prices from the individual suppliers themselves. The individual postings are published in all stated newsletters, and on PGA page 252. Platts proposes to stop publishing these averages with effect from October 12, 2012. Please send all comments and queries to oilgroup@platts.com and pricegroup@platts.com.