SUBSCRIBER NOTE: Worldscale rates for BFOE CIF Rotterdam in 2018

Effective January 2, 2018, the Worldscale flat rates to be considered in the CIF Rotterdam BFOE crude assessments that comprise CIF Dated Brent will be $7.59 per metric ton (Brent), $5.16 (Forties), $5.09 (Oseberg), $4.15 (Ekofisk) and $5.12 (Troll). The flat rate will be adjusted using the Worldscale rate published in the Platts Dirty Tankerwire for an 80,000 mt Aframax cross North Sea route. The conversion factors applied will be 7.52 (Brent), 7.57 (Forties), 7.53 (Oseberg), 7.56 (Ekofisk) and 7.44 (Troll). The Rotterdam port fee calculation used will be 13 cents/barrel.

While Platts no longer assesses CIF Dated Brent as a net forward of the individual FOB crudes that make up the FOB Dated Brent assessment, it may use the above freight rates as guidance.

Please send any comments or questions to europe_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.