Platts amends cargo sizes for Grane, Flotta Gold crude oil assessments from July 1

In line with evolving trends observed in the Grane and Flotta Gold loading schedules, Platts, part of S&P Global Energy, has amended the cargo sizes reflected in both crude oil assessments, effective July 1, 2026.

Recent Grane and Flotta Gold loading schedules have revealed larger cargo sizes of 700,000 barrels and 650,000 barrels, respectively, establishing new standard sizes for the grade, according to loading schedules seen by Platts and feedback from market participants.

Accordingly, Platts has amended the standard cargo sizes reflected in its Grane and Flotta Gold assessments to reflect 700,000 barrels and 650,000 barrels, respectively. Platts previously reflected 600,000-barrel parcels as standard in both assessments.

From July 1, Platts publishes bids and offers for Flotta Gold cargoes between 600,000 and 700,000 barrels and bids and offers for Grane cargoes of 700,000 barrels.

Platts FOB Grane and FOB Flotta Gold assessments reflect cargoes loading in the period of 10 days to one month ahead of the assessment date.

This affects the following assessments and related symbols:

This follows a decision note published on June 3, which can be found at: https://www.spglobal.com/energy/en/pricing-benchmarks/our-methodology/subscriber-notes/060326-platts-to-amend-cargo-sizes-for-grane-flotta-gold-crude-oil-assessments-from-july-1

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