Focused on standardizing terms for cash BFOE

Raise concerns in a variety of working groups

Estimate to move to delivered Rotterdam base including WTI Midland

London –
S&P Global Platts on March 3 reiterated its commitment to continue consulting with market participants on a planned overhaul of the Dated Brent price benchmark, which is used to measure the value of more than half of the world’s crude oil.

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