Platts to reset some Crude Oil Wire nomenclature
New York (Platts)--28Jul2010/749 pm EDT/2349 GMT
Platts is planning to reset the nomenclature for several crude oil assessments
in Crude Oil Marketwire back to the original names that were in use until
April 9, 2010.
Platts changed the nomenclature on April 12, 2010, to enhance the readability
and format of its publications including Crude Oil Marketwire PDF and telex.
However, our subscribers have notified us of their preference to continue
using the original nomenclature.
Please note that the affected nomenclature for the Crude Oil Marketwire PDF
is:
ORIGINAL TEMPORARY
(reset on Aug. 2) ----- (to expire Aug. 2)
Brent (1st Month) ----- Brent/BFOE (1st Month)
Brent (2nd Month) ----- Brent/BFOE (2nd Month)
Brent (3rd Month) ----- Brent/BFOE (3rd Month)
Brent (Dated) ----- Dated Brent/BFOE
Urals (Rotterdam) ----- Rotterdam
Urals (Mediterranean) ----- Mediterranean
Urals (Ex-Novorossiisk) ----- Ex-Novorossiisk
Urals (Ex-Novo) FOB 80kt ----- Ex-Novo FOB 80kt
Urals (Ex-Baltic) ----- Ex-Baltic
Urals (Primorsk) ----- Primorsk
Urals Med CFD 1st mth ----- Med CFD 1st mth
Urals Med CFD 2nd mth ----- Med CFR 2nd mth
Iranian Light (Sidi Kerir) ----- Iranian Light
Iranian Heavy (Sidi Kerir) ----- Iranian Heavy
Note all the PDF nomenclature will be revised to its original form on August
2, 2010.
Please note that the affected nomenclature for the Crude Oil Marketwire telex
is:
ORIGINAL ----- TEMPORARY ----- RESET on Aug 2:
(to expire Aug. 2)
BRENT (DTD) ----- Dated Brent/BFOE ----- Brent (Dtd)
URALS (RDAM) ----- Rotterdam ----- Urals (Rdam)
URALS (MED) ----- Mediterranean ----- Urals (Med)
URALS (EX-NOVO) ----- Ex-Novorossiisk ----- Urals (Ex-Novo)
URALS NOVO 80KT ----- Ex Novo FOB 80kt ----- Urals Novo 80kt
URALS (EX-BALTIC) ----- Ex-Baltic ----- Urals (Ex-Baltic)
URALS (PRIMORSK) ----- Primorsk ----- Urals (Primorsk)
URALS (RCMB) ----- RCMB (Recombined) ----- Urals (RCMB)
ILT (SIDI) ----- Iranian Light ----- Iranian Light (Sidi)
IHVY (SIDI) ----- Iranian Heavy ----- Iranian Heavy (Sidi)
Note all the PDF nomenclature will be revised to the reset form on August 2,
2010.
For any comments or questions, please contact Joel Hanley,
joel_hanley@platts.com, with a cc to pricegroup@platts.com.