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Platts changes how it assesses oil product values in Asia trade

From July 1, FOB S'pore price assessments will no longer specify a loading point in S'pore or southern M'sia

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Oil pricing agency Platts is changing how it assesses oil product values in Asian trade from July 1 in a move that traders expect to boost volumes and encourage the use of regional oil storage facilities built at a cost of billions of dollars.

Singapore

OIL pricing agency Platts is changing how it assesses oil product values in Asian trade from July 1 in a move that traders expect to boost volumes and encourage the use of regional oil storage facilities built at a cost of billions of dollars.

The change in how fuel oil,...

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