Platts to update European gasoil, jet, USLD netback and net forward assessment formulae

Platts, part of S&P Global Commodity Insights, will update the formulae to derive its netback and net forward assessments to reflect updated Worldscale freight rates for 2025, effective Jan. 2 across the following Platts price assessments for the Europe and Africa region.

Diesel:

Assessment Name 2025 netback/net-forward formula

ULSD10ppmS FOB NWE Cargo(AAVBF00) $5.72/mt

ULSD10ppmS FOB NWE Basis Le Havre Cargo (AAWZD00) $7.05/mt

ULSD10ppmS CIF NWE Basis Le Havre cargoes (AAWZC00) $1.26/mt

ULSD10ppmS FOB Med Cargo(AAWYY00) $7.90/mt

Gasoil:

Assessment Name 2025 netback/net-forward formula

Gasoil0.1%S FOB NWE Cargo (AAYWR00) $8.28/mt

Gasoil0.1%S FOB Med Cargo (AAVJI00) $7.42/mt

Jet Fuel:

Assessment Name 2025 netback/net-forward formula

Jet FOB Med Cargo (AAIDL00) 2025 WS rate for Augusta-Rotterdam, inclusive of Rotterdam port fees

Please send any questions or comments to Europe_products@spglobal.com with a cc to pricegroup@spglobal.com .