What does Platts stand for?
price benchmark service
Platts means a price benchmark service for the oil industry. Platts pricing plus a premium or minus a discount is the preferred pricing mechanism on this requirement.
What is Platts eWindow?
Platts Editorial Window (eWindow)® is a data-entry and online communications tool that provides market participants with a transparent, at-a-glance view of price assessments in the physical spot and derivatives markets. Platts eWindow is used by more than 460 companies, covering 50 markets worldwide.
What is Platts Oilgram?
S&P Global Platts Oilgram Price Report is the daily market report that covers market fundamentals, changes and factors driving prices within the crude oil and related products markets.
What is gasoil swap?
So what is a gasoil swap? In short, a gasoil swap is an agreement whereby one party exchanges their exposure to a variable (often referred to as spot, index floating, or market) gasoil price for a fixed gasoil price, over a specified period(s) of time.
When does Platts calculate FOB Singapore oil price?
Platts FOB Singapore and FOB Straits assessments reflect the repeatable, transactable price at 16:30:00 Singapore time precisely. Platts actively studies the evolution of the geographical coverage of its FOB Singapore refined oil products benchmarks to ensure they are well positioned to reflect growth in regional oil trading for years to come.
Is the S & P Global Platts jet fuel index free?
The Jet Fuel Price Monitor is a joint S&P Global Platts-IATA initiative. You must be logged in to see the jet fuel pricing information. Registration is free and takes less than 60 seconds. The Platts Global Jet Fuel Index is a weighted average of Platts jet fuel assessments from major global trading, supply and demand centers.
Why is S & P Global Platts important to the oil market?
We’re proud to be recognized for our oil market expertise, and are committed to keeping you informed about changing trade flows and shifting oil balances. We’re literally there at every stage of the journey – from well head to consumption.
Why is FOB Straits included in Platts assessments?
It is vital that Platts assessments are able to capture the full range of trading activity in the market, and so Platts has decided to reflect those regional terminals as part of the Platts FOB Singapore oil benchmarks in a more integrated fashion — FOB Straits. FOB Straits encompasses terminals beyond Singapore’s borders.