01 Sep 2017 | 10:48 UTC — London

SUBSCRIBER NOTE: Platts launches new Dated Strip, CIF Rotterdam differential assessments

As part of S&P Global Platts' move to reflect published physical bids, offers and transactions in the Dated Brent CIF Rotterdam assessment, Platts has begun publishing CIF basis Rotterdam differentials for Dated Brent and its component crude grades -- Brent, Forties, Oseberg and Ekofisk -- as well as a new forward Dated Brent strip pricing 12 days forward to month ahead, and a Dated North Sea Light CIF Rotterdam assessment, effective September 1, 2017.

These assessments are available on Platts Global Alert page 1212, in Crude Oil Marketwire and Oilgram Price Report, and in the Platts pricing database under the following codes.

DAILY MONTHLY North Sea CIF Rotterdam Dated Strip AAHXE00 AAHXE03 Dated Brent CIF Rotterdam vs Fwd Dated Brent AAVJF00 AAVJF03 Dated North Sea Light CIF Rotterdam AAVJG00 AAVJG03 BNB CIF Rotterdam vs Fwd Dated Brent AAVJC00 AAVJC03 Forties CIF Rotterdam vs Fwd Dated Brent AAHXC00 AAHXC03 Ekofisk CIF Rotterdam vs Fwd Dated Brent AAHXB00 AAHXB03 Oseberg CIF Rotterdam vs Fwd Dated Brent AAHXD00 AAHXD00

Platts first proposed the launch of new CIF basis Rotterdam assessments on August 7, 2017. This note is available here: https://www.platts.com/subscriber-notes-details/26784071.

Platts published a decision note confirming this proposal on August 14, 2017. This note is available here: https://www.platts.com/subscriber-notes-details/21624508

Platts first proposed to reflect MOC information for physical BFOE on a CIF Rotterdam basis on December 19, 2016. The original subscriber note can be found here: https://www.platts.com/subscriber-notes-details/21381985.

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