Platts corrects May Isthmus to Europe K-Factor Constant

Platts, part of S&P Global Commodity Insights, has corrected its May Constant (K) factor in Mexico Crude Postings for Isthmus to Europe.

The K Factor is then applied to the formula value to create the posting price.

With the correction to the K Factor for Isthmus to Europe, the Posting for that crude has also been corrected for May 1-14. The assessments should read as follows:

Assessment NameCodeCorrected Value

Isthmus OSP vs Europe FormulaAAIQC00-8.55

Isthmus Constant (Europe)AAYXB0 -8.55

Isthmus Posting (Europe) AAYXF00

These assessments appear in Latin Wire and Platts Global Alert/Platts Crude Oil Alert on pages 1063 and 1064.