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About Commodity Insights
08 Jun 2018 | 08:35 UTC — London
Equinor ASA has advised Platts that it would like to participate in the Platts EMEA Market on Close assessment process for cash BFOE partials, BFOE CFDs, Meditteranean crude oil, North Sea crude oil physical cargoes, West African physical crude oil, gasoline barges, naphtha physical cargoes and Urals northwest European crude oil. This follows the Statoil ASA name change to Equinor ASA.
Platts has reviewed Equinor ASA and will consider information from Equinor ASA in EMEA assessment process for cash BFOE partials, BFOE CFDs, Meditteranean crude oil, North Sea crude oil physical cargoes, West African physical crude oil, gasoline barges, naphtha physical cargoes and Urals Northwest European crude oil subject at all times in adherence with Platts editorial standards.
Platts will publish all relevant information from Equinor ASA accordingly. While the corresponding administrative updates are processed, Equinor ASA will continue to appear in the MOC process as Statoil ASA although the contractual and performing principal is understood to be Equinor ASA.
Platts welcomes all relevant feedback regarding MOC participation. Platts considers bids, offers and transactions by all credible and creditworthy parties in its assessment processes. For comments and feedback, please contact Platts editors at Europe_products@spglobal.com, Europe_crude@spglobal.com and moc_review@platts.com.