Platts to reflect buyer approved bids/offers in Urals assessments

Effective October 3, 2011, and following market feedback, Platts will reflect in its Urals CIF Rotterdam, Urals CIF Augusta, and other Mediterranean CIF crude oil assessments only offers which provide a vessel meeting a buyer's reasonable ship vetting requirements.

Platts will continue to reflect offers made on a named vessel.

Platts will also reflect bids requesting a vessel that meets the buyer's reasonable ship vetting requirements.

Comments please to europe_crude@platts.com with a CC to pricegroup@platts.com.