Platts proposes to launch Gasoil EFS at 1630 London time

Platts, part of S&P Global Energy, proposes to launch assessments for Gasoil Exchange of Futures for Swaps (EFS), timestamped at 1630 London time, effective April 1, 2026.

Platts proposes to launch new assessments of the Gasoil EFS for the Balance Month, Month 1, Month 2 and Month 3 derivative contracts, for ICE low sulfur gasoil futures/Singapore 10 ppm Gasoil EFS at 1630 London time, expressed in $/mt.

The balance-month EFS would be published through to the day prior to the midday expiry of the relevant ICE LSGO futures contract.

The EFS contract is a widely-tracked financial derivative, measuring the difference in value between ICE Gasoil futures and the corresponding Singapore gasoil swaps settled against Platts FOB Singapore 10ppm Gasoil assessments. The proposal follows market feedback to further capture the value difference between regions for ultra-low sulfur diesel in the forward market.

Platts already assesses the ICE Gasoil/Singapore 10ppm Gasoil EFS timestamped at 1630 Singapore time. The assessment codes can be found here.

Please send any comments or feedback to Europe_Products@spglobal.com and pricegroup@spglobal.com by March 4.

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.