SUBSCRIBER NOTE: Platts corrects July 8 3.5% CIF Med cargo rationale

Platts has corrected the 3.5% CIF Mediterranean fuel oil cargo assessment rationale published July 8 to amend an incorrect explanation of a competitive offer on the front-end of the assessment range.

Only the third sentence of the rationale has been corrected, and the remaining sections were published correctly.

The third sentence of the rationale should have read as follows:

There was also a competitive offer from BP on the front-end at $292.89/mt and a competitive offer from BP on the back-end at $296.92/mt.

This assessment rationale appeared in the July 8 edition of the Platts European Marketscan, and on Platts Global Alert page 1580.