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S&P Global Platts Opens Further Consultation on Brent Benchmarks Transition S&P Global Platts (“Platts”), the leading independent provider of information and benchmark prices for the commodities and energy markets, announced that it is opening a further consultation on the transition Dated Brent and its related components. This reflects extensive feedback following its announcement on 22 February that the basket would reflect WTI Midland and be amended to a CIF delivered Rotterdam basis from June 2022 loadings. Changes to the core Dated Brent benchmark and related assessments, including C...

Commodities and energy pricing agency S&P Global Platts will defer changes to its core dated Brent oil benchmark after industry pressure, it said on Wednesday.

Trafigura has proposed using its Corpus Christi terminal in Texas and the wider hub to allow pricing agency Platts to include U.S. crude oil in its Dated Brent benchmark without restricting trade. The European Brent benchmark is crucial to the global oil system as it is used to price more than half the world’s physical ...

S&P Global Platts apologized to oil traders for the speed at which it announced an overhaul of a price that underpins a swath of the world's crude oil tran...

S&P Global Platts is to include US WTI Midland crude in its Dated Brent benchmark — the world’s biggest crude oil benchmark — to ensure its assessments properly reflect changes in the European crude market, starting July 2022, it said Feb. 22. In a statement, Platts also said the entire price assessment process, encompassing five ...