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Refined Products, Fuel Oil
December 29, 2023
Please note that Platts has corrected the Dec. 21 and Dec. 22 1% CIF NWE Cargo assessment rationales. The rationales should read as follows:
The 1%S CIF NWE Cargo <PUAAL00> assessment rationale for Dec. 21 and Dec. 22 should read:
FO 1%S CIF NWE Cargo <PUAAL00> assessment rationale:
The CIF Northwest European low sulfur fuel oil cargo assessment was derived by a freight net forward to the FOB Northwest European low sulfur fuel oil cargo assessment using the following input: the FOB Northwest European low sulfur fuel oil cargo assessment plus the cost of transporting a 30,000 mt fuel oil cargo from a basket of NWE ports to the assessment basis port of Antwerp.
Exclusions: None
Platts is part of S&P Global Commodity Insights.
This rationale is published on fixed pages PGA and PRF 1580 and in the European Marketscan.