Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. — Brazilian supply: Fuel market impacts of Petrobras’ refinery divestments The Americas Refined Oil Products Guide contains the primary specifications and methodologies for Platts American Products assessments. Sustainable aviation fuel can be blended with conventional fossil-based aviation fuel, Platts said. Unwanted reserves held by oil majors could be sold and developed by smaller producers or privately-held companies less encumbered by shareholder ESG concerns. European oil and gas companies alone have shed more than $400 billion in market value this year as investors turn away from fossil fuel producers amid weaker oil price expectations. The data is now freely available to access via the Platts Fujairah oil … WTI Midland is a light, sweet crude oil with a typical average monthly export volume of 1.078 million barrels per day during 2020, of which around 443,000 b/d arrived in Europe. LOADING PROGRAM: In order to ensure full transparency Platts would publish a daily virtual loading program for WTI Midland reflecting the cargoes available to be bid and offered on an STS Scapa Flow basis 10 days forward to one month ahead. Please send all comments, feedback and questions to Europe_Crude@spglobal.com and pricegroup@spglobal.com. SINGAPORE FUEL OIL 180 CST (PLATTS) FUTURES - QUOTES Globex. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. Last year alone, 15 projects sanctioned by IOCs with a combined $60 billion in investment risk become stranded assets under the IEA’s SDS demand scenario, according to a recent Carbon Tracker study. European oil and gas companies alone have shed more than $400 billion in market value this year as investors turn away from fossil fuel producers amid weaker oil price expectations. The US oil and gas sector is facing several huge transitions all at once: the immediate crisis brought on by the pandemic and a longer-term energy transition away from fossil fuels. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds. — Diving down the barrel: Where are traders finding value? These moves echoed the transitions the fuel oil market has witnessed over the years; evolving on the emergence of cheaper and readily available natural gas from a utility market to one centred around bunker fuel.Given the markets' primary outlet, over time the specifications Platts reflects have also shifted towards the bunker market. Subscriber Notes can be received by Commodity Region, and Note Type. The Dated Brent assessment reflects the most competitive of these grades on an FOB and CIF-adjusted basis for each day in the loading period. Chris Midgley, Global Director of Analytics, discusses the global energy outlook in these very uncertain times. Platts reflects bids, offers and transactions where the buyer is willing to take delivery of any of the five grades in the Dated Brent basket (Brent Ninian Blend, Forties, Oseberg, Ekofisk, and Troll) as nominated by the seller. 1:33pm. Access latest oil news and analysis, conferences and events. The US oil and gas sector is facing several huge transitions all at once: the immediate crisis brought on by the pandemic and a longer-term energy transition away from fossil fuels. Dated Brent, Dubai/Oman, Diesel 10 ppm, Fuel oil 3.5%, Naphtha • News and commentaries used to make informed business decisions. Evolution of Platts European fuel oil price assessments, Congress passes ITC and PTC 'extender bill' for renewables, but confusion injected by Trump, Commodity Prices and Essential Market Data, Americas Petroleum & Energy Virtual Conference. The traded premium will therefore be debited by the Clearing House from the Buyer and credited to the Seller on the morning of the Business Day following the day of trade. The benchmark, published under the data code PUAFZ00, is often referred to by many names, including No. From the impact of coronavirus in China, to sanctions imposed on major producers like Venezuela and Iran, understanding the importance of crude quality has … The Europe and Africa Refined Oil Products Guide contains the primary specifications and methodologies for Platts European Products assessments. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. A monthly cash settled mini future based on the Platts daily assessment price for 1% CIF NWE Cargoes Fuel Oil. PlattsEuropean fuel oil cargo assessments reflect cargoes of 30,000 mt for both high and low sulfur markets.Cargoes must be free of any restrictions or limitations placed on the cargo buyer, such as resale or destination clauses, and should always reflect standard industry norms and practice.All Platts fuel oil is assessed on a Market on Close assessment process basis. If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password. Platts. D change in fuel cost (Platts Oilgram index). Recovery in demand for jet fuel will be slow. Today's European 3.5% Fuel Oil Barges FOB Rdam (Platts) Futures prices with latest European 3.5% Fuel Oil Barges FOB Rdam (Platts) Futures charts, news and European 3.5% Fuel Oil Barges FOB Rdam (Platts) Futures futures quotes. FEEDBACK: Platts invites comments, questions and other feedback on these proposals by Feb. 5, 2021. Earlier this year the oil market suffered a historic price collapse as pandemic-blunted demand left the world awash in crude. Platts published a note on its global WTI Midland specifications Aug. 3, 2020 which is available here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/080320-platts-to-implement-comprehensive-platts-wti-midland-specifications. The dynamic nature of the oil markets means new opportunities are created all the time. Fuel oil (also known as heavy oil, marine fuel or furnace oil) is a fraction obtained from petroleum distillation, either as a distillate or a residue. To access a complimentary sample of Market Data - Oil, simply submit your details below: * — U.S. upstream: Driving cost efficiencies, finding access to capital Press release: S&P Global Platts Opens Consultation on Inclusion of WTI Midland Crude in Dated Brent, Related story: S&P Global Platts proposes inclusion of WTI crude in Dated Brent benchmark. We’ll bring together an established community of petroleum players to network and discuss how the energy sector will reignite operations, reboot business models, and eventually reemerge post-pandemic. Click here to access the interactive Platts Periodic Table of Oil. A new survey by Ernst & Young found a major digital skills gap among the oil and gas workforce, and the pandemic is increasing the urgency to close it. — Connect—Use 1:1 messaging to introduce yourself. In respect of final settlement, the floating price will be a price in USD and cents per metric tonne based on the average of the mean of the high and low quotations appearing in the "Platts European Marketscan" under the heading "Northwest Europe Barges" subheading "FOB Rotterdam" for "Fuel Oil 1.0%" for each business day (as specified below) in the determination period. Conventional fossil-based aviation fuel can be received by Commodity Region, and petrochemicals below and we send. 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