dw_march_2015_pdf
dw_march_2015_pdf
dw_march_2015_pdf
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Platts Lists WTI Midland Crude Oil Assessments<br />
On February 26, <strong>2015</strong>, Platts launched a new assessment for West Texas<br />
Intermediate (WTI) Midland Crude Oil out of the Magellan East Houston Terminal.<br />
This new assessment, called WTI MEH, is part of a suite of evolving assessments designed to<br />
reflect crude oil spot market developments in the Houston, Texas, area.<br />
This new assessment reflects 1,000 b/d of ratable crude, for a minimum of 25,000 barrels<br />
in total, delivered over the course of the prompt pipeline month on a Free In Pipe (FIP) basis.<br />
Platts reflects Midland WTI quality as delivered to the Magellan East Houston Terminal.<br />
This new assessment will be published alongside the existing assessment for Light Houston<br />
Sweet crude, which reflects the value of crude delivered out of three Houston terminals:<br />
Magellan East Houston Terminal, Enterprise Houston Crude Oil (EHCO) Terminal, and the Oil<br />
Tanking Houston Terminal.<br />
The new assessment will be published as a flat price and as a spread.<br />
The spread will reflect the difference in value for physical WTI MEH versus physical WTI in<br />
Cushing, Oklahoma, both for delivery in the prompt pipeline month.<br />
WTI MEH will be published in Crude Oil Marketwire, Oilgram Price Report, North American<br />
Crude and Products Scan, as well as on Platts Global Alert pages 210, 211, 214, and 215.<br />
The assessments will be published in Platts’ price database using the following codes:<br />
Petroleum<br />
Assessment Daily Monthly Average<br />
WTI MEH AAYRG00 AAYRG03<br />
WTI MEH vs. WTI Cushing AAYRH00 AAYRH03<br />
See the original announcement.<br />
Argus Adds Asian DeWitt Butadiene Assessments<br />
Effective March 20, <strong>2015</strong>, Argus added the following series to the<br />
Argus DeWitt Butadiene publication and dbutadiene data file in the DATA/DButadiene folder<br />
of ftp.argusmedia.com.<br />
PA-code<br />
Time<br />
stamp<br />
Price<br />
type<br />
Continuous<br />
forward<br />
Description Unit Category Frequency<br />
PA0016079 0 8 1<br />
Butadiene cfr<br />
China monthly<br />
average month<br />
USD/t<br />
>Petrochemicals><br />
Butadiene><br />
Asia-Pacific<br />
Monthly<br />
PA0016080 0 8 1<br />
Butadiene FOB<br />
South Korea<br />
monthly average<br />
month<br />
USD/t<br />
>Petrochemicals><br />
Butadiene><br />
Asia-Pacific<br />
Monthly<br />
March <strong>2015</strong><br />
14
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