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02 Sep 2014 | 07:41 UTC — Singapore
Platts proposes to publish outright price and time-spread assessments for ICE Brent crude futures and NYMEX WTI crude futures at 16:30 Singapore time effective October 1. The new suite of outright price assessments will cover 36 granular months, 12 quarters and three years forward from the date of publication for ICE Brent crude futures contracts, and four months for NYMEX WTI crude futures. Platts will also publish time-spreads for all 36 granular months, 12 quarters and three years for ICE Brent crude, and for four months for NYMEX WTI crude. In addition, Platts will launch ICE Brent and NYMEX WTI crude futures spread assessments as of 16:30 Singapore time. The spread assessments will be published to incorporate four calendar months. Platts will maintain a rolling schedule in line with both the futures exchanges' expiry schedules. Platts currently publishes ICE Brent crude futures at 16:30 Singapore time two months out. For a full understanding of Platts forward curve assessments, please see Platts Forward Curve Methodology and Specifications Guide at www.platts.com. Please send any comments and feedback to Platts editors at asia_products@platts.com with a cc to pricegroup@platts.com by September 19. 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.