dw_march_2015_pdf
dw_march_2015_pdf
dw_march_2015_pdf
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NCDEX Lists New Currency Exchange Rate for<br />
Light Sweet Crude Contract<br />
As of March 20, <strong>2015</strong>, National Commodity & Derivatives Exchange Limited (NCDEX) issued<br />
a new currency exchange rate (which will be fixed for the entire tenure of the contract) for the<br />
Light Sweet Crude Oil contract, expiring in June <strong>2015</strong>:<br />
Symbol<br />
Currency Exchange rate (INR/USD)<br />
CRUDEOIL 63.855<br />
Petroleum<br />
See the original announcement.<br />
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crude oil specifically. To find out how you can leverage ZEMA’s massive petroleum database for your company, book a<br />
free demo at http://www.ze.com/book-a-demo/.<br />
Platts to Discontinue CIF Augusta Kumkol Assessments<br />
Effective October 1, <strong>2015</strong>, Platts proposes to discontinue its CIF Augusta Kumkol<br />
outright and differential assessments. Platts is making this proposal for the discontinuation of<br />
these assessments due to the conclusion of Kumkol exports out of the Black Sea.<br />
Platts currently assesses CIF Augusta Kumkol on a daily basis, reflecting cargos of between<br />
30,000-100,000 mt loading out of the Black Sea and delivered into the Mediterranean.<br />
Currently, Platts publishes both a CIF Augusta Kumkol differential assessment (AALOW00)<br />
and an outright assessment (AAHMP00). These assessments appear on Platts Global Alert<br />
page MH1220 and in the Platts Crude Oil Marketwire.<br />
Kumkol, which is produced in Kazakhstan, was previously delivered via rail to the Black Sea<br />
port of Batumi, where it was then loaded for export. Loadings of the grade once averaged<br />
some 170,000 mt/month, but volumes have been gradually declining over the last several<br />
years and have been averaging below 30,000 mt/month for more than a year. Exports of the<br />
grade are expected to halt completely early in <strong>2015</strong>.<br />
See the original announcement.<br />
Platts to Stop Publishing Various North American Crude Yields,<br />
Netbacks, and Margins<br />
Effective September 1, <strong>2015</strong>, Platts proposes to discontinue multiple daily, weekly, and<br />
monthly crude yields, netbacks, and margins. Platts proposes to discontinue these prices as<br />
they no longer accurately reflect the crude grades refined in their respective regions.<br />
These prices are published on Platts Global Alert pages 802, 804, 806, 810, 812, 814, 830,<br />
832, 834, 820, 822, and 824. The daily prices are also published in the Crude Oil<br />
Marketwire, and the weekly and monthly prices in Oilgram Price Report. The prices are also<br />
published in Platts Market Data under the listed codes.<br />
Numerous crack and coking assessments have been discontinued from the following<br />
publications: Caribbean Daily, Caribbean Weekly, Caribbean Monthly, US Gulf Coast Daily,<br />
March <strong>2015</strong><br />
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