02 Dec 2020 | 16:55 UTC — New York

Platts proposes to discontinue US West Coast gasoline forward curves

S&P Global Platts is proposing to discontinue its US West Coast gasoline derivative assessments, as well as related crack derivative assessments, effective March 8, 2021.

Platts publishes outrights, differentials and timespreads for 12 months and four quarters for US West Coast gasoline derivatives, as well as related WTI, Brent and Dubai crack derivative assessments for the same period.

Platts is proposing to discontinue these forward curves due to limited observed spot market activity in the derivatives market, as well as a lack of liquidity beyond the first two months of the curve.

The USWC gasoline outright derivative assessments settles against the Platts Los Angeles CARBOB gasoline prompt pipeline physical assessments over a calendar period, while the differential derivative assessments settle against the difference between the Platts Los Angeles CARBOB gasoline prompt pipeline physical assessments and the frontline NYMEX RBOB futures settlement price over a calendar period.

There will be no change to the underlying Platts physical assessments of Los Angeles gasoline.

The affected derivative assessments are:

Outrights

AAKYR01 Gasoline Reg Unl USWC Cargo Financial Mo01

AAKYS01 Gasoline Reg Unl USWC Cargo Financial Mo02

AAKYT01 Gasoline Reg Unl USWC Cargo Financial Mo03

AAKYU01 Gasoline Reg Unl USWC Cargo Financial Mo04

AAKZM05 Gasoline Reg Unl USWC Cargo Financial Mo05

AAKZM06 Gasoline Reg Unl USWC Cargo Financial Mo06

AAKZM07 Gasoline Reg Unl USWC Cargo Financial Mo07

AAKZM08 Gasoline Reg Unl USWC Cargo Financial Mo08

AAKZM09 Gasoline Reg Unl USWC Cargo Financial Mo09

AAKZM10 Gasoline Reg Unl USWC Cargo Financial Mo10

AAKZM11 Gasoline Reg Unl USWC Cargo Financial Mo11

AAKZM12 Gasoline Reg Unl USWC Cargo Financial Mo12

AAKYV01 Gasoline Reg Unl USWC Cargo Financial Qr01

AAKYW01 Gasoline Reg Unl USWC Cargo Financial Qr02

AAKYY01 Gasoline Reg Unl USWC Cargo Financial Qr03

AAKYZ01 Gasoline Reg Unl USWC Cargo Financial Qr04

Differentials

AAKYR00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo01

AAKYS00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo02

AAKYT00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo03

AAKYU00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo04

AAKYM05 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo05

AAKYM06 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo06

AAKYM07 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo07

AAKYM08 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo08

AAKYM09 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo09

AAKYM10 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo10

AAKYM11 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo11

AAKYM12 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Mo12

AAKYV00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr01

AAKYW00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr02

AAKYY00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr03

AAKYZ00 Gasoline Reg Unl USWC Cargo vs RBOB Frontline Financial Qr04

Timespreads

CRM0102 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo01/Mo02

CRM0203 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo02/Mo03

CRM0304 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo03/Mo04

CRM0405 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo04/Mo05

CRM0506 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo05/Mo06

CRM0607 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo06/Mo07

CRM0708 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo07/Mo08

CRM0809 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo08/Mo09

CRM0910 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo09/Mo10

CRM1011 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo10/Mo11

CRM1112 Gasoline Reg Unl USWC Cargo Financial Time Spread Mo11/Mo12

CRQ0102 Gasoline Reg Unl USWC Cargo Financial Time Spread Qr01/Qr02

CRQ0203 Gasoline Reg Unl USWC Cargo Financial Time Spread Qr02/Qr03

CRQ0304 Gasoline Reg Unl USWC Cargo Financial Time Spread Qr03/Qr04

Cracks

AAQOC00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo01

AAQOD00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo02

AAQOE00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo03

AAQOF00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo04

AAQLM05 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo05

AAQLM06 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo06

AAQLM07 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo07

AAQLM08 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo08

AAQLM09 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo09

AAQLM10 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo10

AAQLM11 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo11

AAQLM12 Gasoline Reg Unl USWC Cargo WTI Crack Financial Mo12

AAQOG00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr01

AAQOH00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr02

AAQOI00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr03

AAQOJ00 Gasoline Reg Unl USWC Cargo WTI Crack Financial Qr04

CRFBM01 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo01

CRFBM02 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo02

CRFBM03 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo03

CRFBM04 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo04

CRFBM05 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo05

CRFBM06 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo06

CRFBM07 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo07

CRFBM08 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo08

CRFBM09 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo09

CRFBM10 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo10

CRFBM11 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo11

CRFBM12 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Mo12

CRFBQ01 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr01

CRFBQ02 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr02

CRFBQ03 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr03

CRFBQ04 Gasoline Reg Unl USWC Cargo Brent Crack at Houston MOC Financial Qr04

DUGR001 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo01

DUGR002 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo02

DUGR003 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo03

DUGR004 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo04

DUGR005 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo05

DUGR006 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo06

DUGR007 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo07

DUGR008 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo08

DUGR009 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo09

DUGR010 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo10

DUGR011 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo11

DUGR012 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Mo12

DUGRQ01 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr01

DUGRQ02 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr02

DUGRQ03 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr03

DUGRQ04 Gasoline Reg Unl USWC Cargo Dubai Crack at Houston MOC Financial Qr04

These assessments appear on Platts Global Alert pages 350 and 158 and Platts Forward Curve Oil-US pages 644 and 645. These also appear in Platts US Marketscan, Platts Oilgram Price Report and Asia-Pacific/Arab Gulf Marketscan, and in the Platts price database under the codes above.

Please send any questions, comments or feedback by December 16, 2020 to americas_products@spglobal.com and pricegroup@spglobal.com

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