S&P Global Platts is exclusively publishing weekly oil inventory data for the Fujairah Oil Industry Zone, including an aggregate breakdown of heavy distillates and residues, middle distillates, and light distillates. We are making changes to some of the sections in order to streamline focus as well as to adhere to personal data privacy laws. Platts Marine Fuel 0.5% assessment methodology underpinned by robust liquidity in the Market on Close assessment process Key principles underpinning Platts Market On Close methodology Breakfast will be served during the sessions. 2002 Details of oil services affected: Crude oil window in New York will operate from 13:00 to 13:30 New York time. Rajesh Nair, Managing Editor, Asia & Middle East Residual oil markets, S&P Global Platts. Survey. Defining Platts methodology in benchmark oil markets. Platts methodology and pricing trends in fuel oil: Bunker Summit May 10. How this methodology statement is organized 2 Part I: Input data complaints2 Reporting data to Platts 3 What to report 3 How to report 3 MOC data publishing principles 3 Part II: Security and confidentiality 7 Part III: Determining assessments 8 MOC price assessment principles 8 Normalization price adjustment techniques 8 Prioritizing data 9 Platts Market-on-Close (MOC) is the process Platts editors use to assess prices for crude oil, petroleum products and related swaps. Subscribe to read industry news and view market pricing, fundamental data and more. Hong Kong bunker assessments not in Bunkerwire. The crude oil guides contain the primary specifications and methodologies for Platts crude oil cargo and pipeline assessments throughout the world. The S&P Global Platts Market on Close (MOC) methodology demands the greatest level of expertise and judgement from our market reporters because of the sheer depth of data they gather and assess. Platts Oil Methodology Explained — On Demand. What are suppliers doing in terms of credit, what has this meant for the 0.50% … MOC maintains a robust and structured system that uses only data that Platts editors deem reliable in the assessment process. Platts Oilgram Price Report, North American Crudewire, Crude Oil Marketwire are published without Canadian assessments. Platts Oil Methodology Explained — On Demand. "The new marine fuel 0.5% bunker assessments will conform to S&P Global Platts' methodology for high-sulfur bunker fuel," it said. In addition, attending a face-to-face session enables you to have any specific questions about our methodology … The various components are designed to give Platts subscribers as much information as possible about a wide range of methodology … 11 am Chair’s Welcoming Remarks John Morley, Managing Editor, EMEA Fuel Oil, S&P Global Platts; 11:10 am The bunker fuel market – addressing the outlook for the next 6 months Join Robin Meech as he delves deeper into just what has happened in the world of bunker, how have supply and demand evolved? Whether you are involved in buying, supplying or shipping, the level of market intelligence Platts Bunkerworld offers will enable you to gain deep and immediate insight into … Attending one of our regional Platts Price Assessment Methodology Explained sessions is the ideal opportunity to hear directly from experienced Platts editors who understand your market. Platts Market-on-Close Defined Platts’ Market-on-Close (MOC) is a price-discovery system designed to yield a price assessment reflective of market values at the close of the typical trading day. Platts 11. th. The financial troubles facing oil trading company Hin Leong and its marine fuels unit, Ocean Bunkering, have led to stronger delivered bunker premiums over cargo prices in Singapore this week, according to price reporting agency S&P Global Platts. The new Marine Fuel 0.5% bunker assessments will conform to S&P Global Platts' methodology for high- sulfur bunker fuel, as set out in a proposal announced on March 26, 2018. Ahead of the S&P Global Platts Asia Pacific Petroleum Conference (APPEC 2019), Insight presents a series of articles exploring aspects of the global trade in crude oil and refined products.Here, Kang Wu and JY Lim of S&P Global Platts Analytics analyze the challenges and opportunities facing Asian refiners ahead of the International Maritime Organization’s switch to a lower sulfur fuel standard. D6 Diesel is also known as Residual Fuel Oil / Bunker Fuel Oil , Bunker Oil and is of high-viscosity. 1:33pm. Platts’ transparent and robust price assessment methodology is applied throughout our range of dedicated, unbiased oil and shipping products. JW Marriott . ... ex-wharf 380 CST bunker fuel (Platts market data code PBAAX00), ex-wharf 180 CST bunker fuel (PUADJ00), delivered 380 CST bunker fuel (AAGRO00) and This particular fuel oil requires preheating to 220 – 260 Degrees Fahrenheit. The fuel requires to be preheated before it can be used. The assessments come in addition to the cargo and barge assessments for 0.50% material Platts began publishing earlier this year. S&P Global Platts is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets.The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.. S&P Global Platts and Argus Media are recognized as the two most significant price reporting agencies for the oil market. This 3 hour virtual session sets a uniquely focused local agenda inviting industry leaders to share their views on the critical developments impacting the bunker fuel community. 1:30pm. S&P Global Platts methodologies bring consistency and robustness to our price assessments through principles and parameters that guide our market specialists at every stage of the process. Evolution of the Marine Fuel 0.5% pricing in the wake of the big switch to IMO-2020 compliances. View asiaoilproductspecs.pdf from SKT SKKC 4723 at University of Technology Malaysia, Johor Bahru, Skudai. ] The new Marine Fuel 0.5% bunker assessments will conform to S&P Global Platts' methodology for high- sulfur bunker fuel, as set out in a proposal announced on March 26, 2018. Bunker Surcharges; Price Methodology; Dear subscribers, S&P Global Platts is dedicated in enabling our Bunkerworld subscribers gain deep and immediate insight into the global marine fuels market. June 24, 2014 . 09:30 am Wellness session Take 20 minutes to join this HIIT Training session with a personal trainer. Agenda •Platts: the role of Platts and our methodology •Fuel oil cargo pricing: Current ... 2007 reflect bunker quality fuel oil in its high sulfur fuel oil 3.5% sulfur FOB and CIF Mediterranean assessments, D6 is a type of residual fuel, mainly used in power plants and larger ships. Learn More. Platts Products. annual Bunker and Residual Fuel Oil Conference . This in-depth online resource is the next best thing to attending one of our dedicated oil Methodology sessions presented by Platts editors who understand the oil markets and assess the prices. No Platts China Alert service. Click here to view: www.plattsmethodology.com 860--Platts North America Delivered Bunker Assessments - 09May12 Houston (Platts)--09May12/0514 pm EDT/ 2114 GMT IFO 380 CST IFO 380 CST 1% Systems of similar nature are very common, with variants seen in the futures markets where the energy and How market information is collected and used in the assessment process. Methodology. In this section you will find documentation for all published price assessments and indices by commodity. Platts LIVE is proud to present the Middle East Bunker Fuel Virtual Conference. No Melbourne or Sydney bunker assessments in Bunkerwire. D6 is mostly used for generators. Platts Methodology and Perspectives on Bunker Fuel Markets. This in-depth online resource is the next best thing to attending one of our dedicated oil Methodology sessions presented by Platts editors who understand the oil markets and assess the prices. Start your day off right, boost your metabolism, release endorphins and be energised for the rest of the day. The data is now freely available to access via the Platts Fujairah oil … Following a review and formal proposal, Platts announced October 6, 2015, it will update the specifications reflected in its benchmark US Gulf Coast 3%S physical residual fuel oil assessment to reflect bunker grade RMG 380 3.5%S quality fuel oil, as per … Platts Bunkerworld is an online service offered over the Eikon platform delivered by our global editorial network. Welcome to Platts Price Assessment Methodology Explained This in-depth online resource is the next best thing to attending one of our dedicated Methodology sessions presented by Platts editors who understand the oil markets and assess the prices. Platts is a leading global provider of energy and metals information. Opening Remarks. S&P Global Platts has expanded the port basis in its Marine Fuel 0.5% FOB Rotterdam barge assessment to include Antwerp, effective Oct.1, in response to evolving market conditions. This annual survey of global energy companies by S&P Global Platts measures companies' financial performance using four key metrics: asset worth, revenues, profits, and return on invested capital. The reliability of data is essential to any valid market pricing methodology and Platts does not hesitate to remove market participants from the MOC price formation process when the veracity of data is in doubt. Graph this against Bunker Fuel You need a Standard or Plus Membership to see the price history Please note that, effective February 11, 2020, the Bunkerworld Marine Fuel 0.5%S index is now available in the Bunkerworld Indexes page in the Fuel Prices section. 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