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14 Jul 2017 | 10:18 UTC — London
S&P Global Platts proposes to discontinue its 31-45 day forward Dated Brent strip effective September 1, 2017. Platts is making this proposal following the shift in pricing for Canadian crude to a 33-63 day forward Dated Brent strip.
Platts currently publishes this strip on a daily basis under code AALDJ00 and on a monthly average basis under code AALDK00. This code is no longer published in any Platts publications or on any outright pages.
The 31-45 day forward Dated Brent strip was originally used to price East Coast Canadian crudes. Since July 5, 2017, however, all East Coast Canadian crudes have been assessed relative to a 33-63 day forward Dated Brent strip. The launch note for this change can be found here: https://www.platts.com/subscriber-notes-details/10745783
Please send all comments by July 31, 2017 to europe_crude@spglobal.com and pricegroup@spglobal.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.