07 Nov 2017 | 07:51 UTC — Houston

SUBSCRIBER NOTE: Platts to launch new assessments for US crudes at Asia close

S&P Global Platts plans to publish daily assessments of several US crude oils at Asian market close (0830 GMT), with effect from December 1, 2017.

This decision follows a proposal note first published September 21, 2017.

The assessments will reflect the value of WTI MEH, Light Louisiana Sweet, Southern Green Canyon and LOOP Sour at the close of the Asian Market on Close assessment process at 16:30 Singapore time.

The assessments will reflect the price prevailing during the close of the market in Asia taking into account the rise or fall in the movement in the cash WTI from the time of the assessment at US market close at 14:30 Eastern Standard Time until the Asian close.

Please send all feedback to americas_crude@spglobal.com, asia_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.