Platts to assess Forties sulfur de-escalator at 20 cents/b for Dec

Effective Dec. 1, 2025, the sulfur de-escalator to be applied to Forties crude oil cargoes and related instruments in the Platts North Sea assessment process will be 20 cents/b per 0.1% weight of sulfur over the 0.6% weight standard, unchanged from November.

The de-escalator applies to cargoes loading from Dec. 1, 2025.

Platts, part of S&P Global Energy, has assessed the de-escalator level after reviewing changes in crude's outright value, product cracks and the difference in value between sweet and sour North Sea crude differentials.

A rationale for the decision will be available soon at www.platts.com.

Platts' guidelines for its sulfur de-escalator use three significant figures when determining sulfur-related payments.

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