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- / Discontinued Lower Zakum, Umm Shaif yields, netbacks
04 Sep 2014 | 01:11 UTC — London
Discontinued Lower Zakum, Umm Shaif yields, netbacks
Following feedback on a proposal to discontinue assessments of Abu Dhabi's Umm Shaif and Lower Zakum crude grades announced on April 7, 2014, yields and netbacks for each of the grades have been discontinued from September 1, 2014
Both Umm Shaif and Lower Zakum will have been blended together by Abu Dhabi National Oil Corp. to form the new Das Blend crude, which Platts started assessing May 2, 2014. Platts has launched yields and netbacks for Das Blend crude from September 1, 2014
A complete list of symbols which have been discontinued is listed below:
If you have any comments or questions about this announcement, please contact Platts Client Services or email support@platts.com.