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The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
The EN 590 had been introduced along with the European emission standards.With each of its revisions the EN 590 had been adapted to lower the sulphur content of diesel fuel – since 2007 this is called ultra-low-sulphur diesel as the former function of sulphur as a lubricant is absent (and needs to be replaced by additives).
In 2016, when McGraw-Hill changed its name to S&P Global, the Platts division was renamed S&P Global Platts. Platts' first significant acquisition came in 2001, when it acquired FT Energy. [ 7 ] That acquisition gave it the Platts Global Energy Awards, considered one of the industry's biggest awards event, held every December in New York.
This price represents the weighted average price of trades in the nearby Contract Month between 16:25 and 16:30 (Singapore). The DME will also publish an end of trading day settlement price for all listed Contract Months, determined as at 14:30 EST, which coincides with the end of the trading day for NYMEX Light Sweet Crude Oil.
Prices of antimony, used in semiconductors and military applications, hit all-time highs, currently trading between $39,500-40,000 per metric ton in Rotterdam as of Dec. 31. China's export ban to ...
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Brent is the leading global price benchmark for Atlantic basin crude oils. It is used to set the price of two-thirds of the world's internationally traded crude oil supplies. It is one of the two main benchmark prices for purchases of oil worldwide, the other being West Texas Intermediate (WTI).