SUBSCRIBER NOTE: Platts proposes to update ESPO conversion factor in price database

S&P Global Platts proposes to update the conversion factor of its ESPO crude oil assessments in the pricing database from December 3, 2018. There is no change to the underlying methodology or prices published.

Some Platts ESPO assessments currently are labeled in the pricing database as having a conversion factor of 7.54 or 7.225, while some ESPO assessments have no conversion factor attached to them. Platts will update the conversion factor for ESPO assessments to 7.39 in line with the prevailing conversion factor published in the Platts Crude Oil Methodology and Specifications guide.

For questions or comments, please email asia_crude@spglobal.com and pricegroup@spglobal.com by November 1, 2018.

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.