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

SUBSCRIBER NOTE: Platts to update conversion factor in price database for ESPO assessments S&P Global Platts will 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.

Platts initially proposed to implement the update through a subscriber note published September 14, 2018 https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/091418-pl atts-proposes-to-update-espo-conversion-factor-in-price-database

For questions or comments, please email asia_crude@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if they are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make those not marked as confidential available upon request.