Subscriber note: Platts launches US ULS heating oil assessment July 1

Platts will begin publishing assessments for ultra low sulfur heating oil in the US Gulf Coast with effect from Monday, July 1, 2013. The assessments reflect the value of barrels being delivered into the Colonial Pipeline system at its origination point in Pasadena, Texas. Assessments are published for the prompt shipping cycle, and five additional forward cycles. The assessments reflect a minimum volume of 25,000 barrels. Specifications for the ULS heating oil assessment are similar to Colonial Pipeline 67-grade: undyed; 11 ppm sulfur maximum at point of injection; Cetane number of 40 minimum; aromatics volume maximum of 31.7%; API minimum of 30; flash point minimum of 130F. These assessments appear on Platts Global Alert pages 430, 156 and 482, and in US Marketscan and Oilgram Price Report. Please send comments and questions by June 14 to americas_products@platts.com and pricegroup@platts.com.