Platts extends feedback period for proposed Platts European Sour Crude Index methodology amendment

Platts, part of S&P Global Energy, has extended the feedback period for the proposal to amend the Platts European Sour Crude Index (ESCI) to May 15, 2026.

The proposal was published on March 25 and can be found here. The original feedback period ended April 9.

The proposed launch date of May 11 is also revised to July 1, following the extension of the feedback period.

Platts proposes to amend the basket of crude grades reflected in the index to reflect the evolving trade flows in the medium and sour crude flows into Europe. The proposed basket grades are as follows:

Johan Sverdrup CIF Rotterdam

Buzios CFR Rotterdam

Liza CFR Rotterdam

Kirkuk CFR Augusta

KEBCO CIF Augusta

More details of the proposal can be found in the proposal note published on March 25.

Please send all feedback and comments to europe.crude@spglobal.com and pricegroup@spglobal.com by May 15.

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.