Platts to incorporate RINS costs into Daily Crude Yields

Platts will 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 Platts daily RINS assessments.

Platts will revise 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 the Crude Oil Marketwire, and as weekly averages in the Feeder Crude Table on PGA (pages 173-177, 960-962) and in the Oilgram Price Report.

For comments or queries, please contact jeff_mower@platts.com and pricegroup@platts.com.