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14 Aug 2017 | 04:06 UTC — Houston
S&P Global Platts will begin publishing differentials for LOOP Sour crude traded in cavern at the Louisiana Offshore Oil Port terminal, versus cash WTI and versus Mars, with effect from September 1, 2017.
This proposal was first published in a subscriber note on July 26, 2017.
The LOOP Sour differentials will be assessed versus the same contract month for cash WTI and Mars at the US market close. The contract month for all these markets, in line with most US domestic pipeline barrels, rolls over on the first business day after the 25th of the calendar month.
The LOOP Sour differentials will be published under the following codes:
LOOP Sour M1 vs WTI M1 AALOM01 LOOP Sour M2 vs WTI M2 AALOM02 LOOP Sour M3 vs WTI M3 AALOM03
LOOP Sour M1 vs Mars M1 AALPM01 LOOP Sour M2 vs Mars M2 AALPM02 LOOP Sour M3 vs Mars M3 AALPM03
Please send any questions or comments to americas_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.