08 Nov 2017 | 06:24 UTC — Singapore

SUBSCRIBER NOTE:Platts to discontinue Su Tu Den crude differential to OSP assessment Dec 1

S&P Global Platts will discontinue its assessment for Vietnam's Su Tu Den crude differential to OSP with effect from December 1, 2017.

Platts understands that the spot market for Su Tu Den now typically trades as a differential against Platts Dated Brent crude assessments. The discontinuation of the crude's differential to OSP assessment would ensure that Platts' assessments conform with the latest market conventions.

Platts proposed the discontinuation of this assessment in a subscriber note published on August 23, 2017 (https://www.platts.com/subscriber-notes-details/27866623).

The discontinuation of Su Tu Den's differential to OSP assessment would not alter any other aspects of Platts assessments of the Vietnamese crude. Platts also assesses Su Tu Den on an outright basis at the Asia MOC close under code AARAR00 and at the London close under code AARAQ00, and as a differential to Asia Dated Brent under code AARAS00.

The assessment for Su Tu Den crude differential to OSP is published on Platts Global Alert (PGA) Page 2216, 2250, 2251 under code AARAT00.

Please send all comments and queries to 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.