Refined Products, Diesel-Gasoil
May 05, 2026
Platts launches gasoil EFS assessment at 4:30 pm London time May 5
Platts, part of S&P Global Energy, has launched assessments for the gasoil exchange of futures for swaps, time-stamped at 4:30 pm London time, effective May 5.
This follows a decision subscriber note, published April 16 and available here.
The new assessments reflect gasoil EFS for the balance-of-month, month 1, month 2 and month 3 derivative contracts, for ICE low sulfur gasoil futures/Singapore 10 parts per million gasoil EFS at 4:30 pm London time, expressed in $/metric ton.
The balance-of-month EFS would be published through to the day prior to the midday expiry of the relevant ICE LSGO futures contract.
These new assessments are published in Platts European Marketscan; in Platts Forward Curve Oil - EMEA in fixed pages PPE1640, PPE1600 and PPE1630; and appear in the Platts price database under the following codes:
| Assessment | Symbol | Pages |
| Balance Month EFS gasoil 16.30 London in $/mt | MSJSL00 | PPE1640 |
| Month 1 EFS gasoil 16.30 London in $/mt | MSKSL00 | PPE1640 |
| Month 2 EFS gasoil 16.30 London in $/mt | MSLSL00 | PPE1640 |
| Month 3 EFS gasoil 16.30 London in $/mt | MSMSL00 | PPE1640 |
| Balance Month FOB Singapore 10ppm gasoil swaps 16.30 London in $/b | BSGSL00 | PPE2512 |
| Month 1 FOB Singapore 10ppm gasoil swaps 16.30 London in $/b | MSGSL00 | PPE2512 |
| Month 2 FOB Singapore 10ppm gasoil swaps 16.30 London in $/b | MSHSL00 | PPE2512 |
|
Month 3 FOB Singapore 10ppm gasoil swaps 16.30 London in $/b |
MSISL00 | PPE2512 |
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 10 ppm 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 10 ppm gasoil EFS time-stamped at 4:30 pm Singapore time. The assessment codes can be found here.
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