S&P Global Energy Platts

Platts follows a documented, rule‑based publicly disclosed methodology, allowing market participants to see exactly how prices are derived.

Platts prices are widely accepted as benchmark references across oil, gas, power, chemicals, metals and other commodities. This reduces friction during contract negotiations.

Consistent methodology is applied across regions and commodities to enable comparisons at a global scale to enable trading efficiencies.

Platts assessments are subject to third‑party audits and governance committees, providing confidence that the process is fair and free from manipulation. We have many IOSCO certified benchmarks.

Platts maintains a network of market participants in virtually every major commodity market, delivering truly global price benchmarks.

Daily assessments reflect current market conditions helping traders, analysts and risk professionals make timely decisions.

Using a recognized benchmark simplifies hedging, derivative pricing, and the calculation of exposure for both buyers and sellers.

Many regulators and accounting standards (e.g. US GAAP) accept Platts benchmarks as “observable inputs” for fair‑value measurements.

Standardized pricing enables efficient counterparty negotiations and reduces transaction costs.

Access our Platts data from the established to the cutting-edge, Desktop & Mobile, Cliud, Data feeds, and API Solutions.