SUBSCRIBER NOTE: Platts to publish DFL values for 36 months ahead from Oct 1, 2015

In line with increasing transparency in the Dated Brent to Brent Frontline Swap (DFL) market, Platts will publish assessments for DFLs and the corresponding forward Dated Brent values for 36 months ahead of the date of publication, starting from October 1, 2015.

Platts currently publishes DFLs and the corresponding Forward Dated Brent values for seven months ahead of the date of publication, including the balance month contract.

In addition, Platts will publish assessments for all quarterly DFL and Forward Dated Brent values falling within the period of 36 months from the date of publication.

Platts currently publishes six quarterly and three annual DFL and Forward Dated Brent assessments DFL. There would be no change to the number of annual DFL and Forward Dated Brent assessments.

The publication of a longer and more granular forward DFL and Forward Dated Brent assessment is aimed at increasing visibility in both markets, and will move the assessment into line with other Platts London time assessments of Brent-related crude oil swaps markets.

Please send any comments and queries to europe_crude@platts.com and pricegroup@platts.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.