Platts corrects March 3 Cash BFOE rationale

Platts, part of S&P Global Energy, has corrected the March 3 Cash BFOE rationale, which is published within the North Sea Dated Brent, BFOE, CFD Assessment Rationales & Exclusions.

The corrected rationale should read as follows:

BFOE (PCAAQ00-PCAAR00,PCARR00) assessment rationale:

Platts assessed May Cash BFOE using an implied EFP value derived from multiple traded offers in the Platts Market on Close assessment process.

Platts assessed June Cash BFOE using May/June EFP roll heard during the day.

Platts assessed July Cash BFOE using June/July EFP roll heard during the day.

For clarity, the correction applies only to the rationale; the March 3 Cash BFOE assessments remain unchanged.

The rationale is published in PGA 1297 and PCR 1297.

Platts is part of S&P Global Energy.