01 Jun 2016 | 05:46 UTC — New York

SUBSCRIBER NOTE: Platts to launch new crude yields, netbacks, margins

Following a period of feedback, Platts has decided to launch daily yields, netbacks and margin values for six crudes and condensates across three locations to expand its Yields & Netbacks information offering with effect from July 1, 2016. Platts will publish yields, netbacks and margins for the following crudes, condensates and locations: Houston Light Sweet ARA cracking, Houston Light Sweet Italy cracking, Eagle Ford Condensate ARA cracking, Eagle Ford Condensate Italy cracking, Western Canadian Select Italy coking, Upper Zakum Singapore cracking, Al Shaheen Singapore cracking and Forties Singapore cracking. Yields would be generated in collaboration with Turner, Mason & Co., which supplies the yield calculation formulas. The daily yields, netbacks and margins will be published on Platts Global Alert (pages 1810, 1820, 2810 respectively), in the Crude Oil Marketwire, and in Platts Market Data. Platts will launch corresponding weekly average yields and netbacks effective July 12, 2016. Those weekly averages will be published in the Feeder Crude Tables on Platts Global Alert, in the Oilgram Price Report, and in the database. Please send any comments or questions to jeff.mower@platts.com, oil@platts.com and 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 upon request.