02 Aug 2011 | 03:46 UTC — New York

Proposed Daily Crude Yields revision with RINS

Platts proposes to revise its Daily Crude Yield formulas for all US locations to incorporate renewable fuel obligations costs on US refiners.

These costs would be based on the Platts daily RINS assessments.

Platts proposes revising its Yield formulas effective September 1, 2011.

Platts US Crude Yield/Netbacks are published on Platts Global Alert (pages 150, 151, 152, 158, 160, 161, 163, 166), in Crude Oil Marketwire, and as weekly averages in the Feeder Crude Table on PGA (pages 173-177, 960-962) and in Oilgram Price Report.

For comments or queries, please contact jeff_mower@platts.com and pricegroup@platts.com by August 15, 2011.