Methodology and Specification
Clearly defined and transparent methodologies are the backbone of Platts’ price assessment processes. Platt’s methodologies provide detailed descriptions and explanations of how we assess the market value of commodities so that customers and other interested parties understand those processes. In this section, we post documentation by commodity and region for all published price assessments and indices.
Oil
Asian LPG methodology
(as of October 2009)
Crude oil methodology
(as of October 2009)
Asia oil products specifications
(as of October 2009)
Americas crude oil and oil products editorial guidelines
(as of October 2009)
Americas products specifications
(as of October 2009)
European products specifications
(as of July 2009)
Oil timing and increment guidelines
(as of October 2009)
Platts assessment process for determining the value of futures at 3:15 pm Eastern time
(as of June 2009)
European oil products - editorial guidelines and methodologies
(as of June 2009)
Americas Crude Marker (ACM)
(as of March 2009)
Platts Asian Crude Oil Index (ACX)
(as of October 2008)
China fuel oil methodology
(as of January 2009)
South China oil products market methodology
(as of January 2009)
Platts Daily Yield
(as of January 2008)
Bunker fuels & tankers specifications
(as of August 2009)
Russian domestic market specifications
(as of April 2009)
Методология по оценке нефти и нефтепродуктов на внутреннем рынке России
Редакторские правила и методологии Platts по европейским нефтепродуктам
Редакторские правила и методологии Platts по сырой нефти
Codes
Related Material
Americas Bunker Assessments: Frequently asked questions
(October 2009)
MOPWIN as a Pricing Reference for India's Refined Oil Products
(June 2009)
Platts Americas proposes use of 3:15 pm Eastern Time futures values in its assessment process
(February 2009)
Specification details for 10ppm gasoil in Singapore
(November 2008)
The Forties de-escalator - Q&A
(September 2008)
Platts Rack Service Factsheet
(August 2008)
Asia Crude Oil OSPs - FAQs
(May 2008)
CIF NWE ULSD 10 ppm basis ARA Nov 1, 2007 assessment launch - Q&A
(Oct. 31, 2007)
Kadriah 1 - FAQs
(Aug. 31, 2007)
Question and Answer document on Forties crude oil guidelines
(July 2, 2007)
Dated Brent/Forties Crude Oil Quality Parameters - Question and Answer document
(June 14, 2007)
Chicago and Group 3 2007 RVP change schedule
(Dec. 21, 2006)
Explanation of the MOPS strip
(Sep. 27, 2006)
Platts Discussion Forum on Minas
(Sep. 4, 2006)
Japan/Korea Bunker Markets - Platts assessment methodology
(Aug. 30, 2006)
Platts testimony on world crude oil prices - presented to the US House of Representatives
(May 4, 2006)
Podcast: Platts Jorge Montepeque discusses our methodology in the context of current markets
(Feb. 13, 2006)
P-Plus WTI explained
(PDF)
Minas and Tapis Assessment Q&A
(PDF)
Explanatory BFO spreadsheets
(Powerpoint)
Review of the partial Dubai and Oman price discovery mechanism
(PDF)
Intra-day indicators for US Gulf Coast petrolem markets
Unscheduled NYMEX closure: Platts procedure
Mars assessment Q&A
(PDF)
Canadian spot crude assessment calculation
(PDF)
Jet fuel premium assessment and the new jet av fuel formula
Crude Oil Marketwire yield and netbacks table
(PDF)
All changes to specifications made between editions will be announced in Platts Oilgram Price Report(OPR),
in the various Platts fax and telex services and in the real-time service Platts Global Alert(PGA).
If you have questions about Platts methodology, or suggestions about changing any of the timing, quality or other
parameters listed in the Guide, please contact Platts editorial group.
If you would like details about or copies of older methodology and specification guides please contact
John Kingston at John_Kingston@platts.com.
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