Quantum Commodity Intelligence – Price Reporting Agency Platts has released another update to its cash BFOE methodology Inclusion of WTI Midland Crude Oilwhich is valid from the cash BFOE contract month June 2023.
Platts said that under the updated methodology, a seller can deliver a cargo from WTI Midland on a CIF Rotterdam basis into a Cash BFOE trade, with the seller being required to charter an Aframax-sized vessel with Northwest European and Mediterranean options, with … .
