SUBSCRIBER NOTE: Platts recommends USGC HSFO differential of $1.45/b

Platts recommends a one-time differential of $1.45/b that may be used in amending US Gulf Coast 3%S fuel oil derivatives and other contracts that will settle against Platts' physical 3%S fuel oil benchmark assessment from January 2017 onwards. The recommendation follows a decision announced October 6, 2015, by Platts to update the specification of its US Gulf Coast 3%S fuel oil assessment with effect from January 3, 2017.

The differential is based on an extensive analysis of the difference between the existing US Gulf Coast 3%S fuel oil (PUAFZ00) and FO RMG 380 USGC Waterborne (Platts code PUBDM00) assessments from 2010 to 2015.

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