10 Aug 2020 | 16:21 UTC — New York

Platts to discontinue Nov. 2 US ratable assessments for gasoline, diesel

S&P Global Platts will discontinue its US ratable assessments for gasoline and diesel, effective Nov. 2.

The decision follows a July 21 proposal note to discontinue these assessments, which can be found here:

https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/072120-platts-proposes-to-discontinue-us-ratable-assessments-for-gasoline-diesel

Spot liquidity in these ratable markets has declined over the years, with physical trading focused more on the prompt pipeline cycle and the use of derivative contracts to hedge forward positions, Platts understands.

The affected assessments are as follows:

ASSESSMENT CODE

ULSD USGC pipeline ratable Mo01 AASAR00

Gasoline RBOB NY Ratables AAVSS00

Gasoline CBOB NY Ratables AAVSR00

These assessments appear on Platts Global Alert pages 154, 156, 310, 430, 481, in Platts US Marketscan and Platts Oilgram Price Report, and in the Platts price database under the codes above.

Please send any feedback to americas_product@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.