Platts discontinues calendar, pipeline monthly P-5 WTI averages

Platts, part of S&P Global Commodity Insights, has discontinued the calendar monthly and pipeline monthly averages of the P-5 WTI averages, effective Sept. 4, 2023.

This was announced on Aug. 23: https://www.spglobal.com/commodityinsights/en/our-methodology/subscriber-notes/082323-platts-to-discontinue-calendar-pipeline-monthly-p-5-wti-averages

This does not affect the daily publication of the P-5 WTI average, which is published under AAFEN00.

The daily P-5 WTI average is comprised of five companies' postings for WTI sold into Cushing each day. Platts databases each company's price individually and then has a separate symbol representing the average each day.

Platts will continue to publish the individual company posted prices that go into the daily P-5 WTI average. Those are published under:

Phillips 66: PSACP09

Plains: PSADF09

Shell: PSADI09

Sunoco: PSADG09

Valero: PSACS09

The discontinued symbols are:

AAFEO00 - WTI P-5 Platts Postings Avg MAvg

AAFEO02 - WTI P-5 Platts Postings Avg PAvg

The WTI P-5 monthly and pipeline monthly averages were published on Platts Global Alert pages 211 and 212, and in North American Crude and Product Scan and the Oilgram Price Report.

Please provide comments or feedback 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.