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Platts Raises North Sea Forties De-Escalator to 25c March

OIL

Platts has raised the sulphur de-escalator to be applied to Forties crude oil cargoes in the North Sea assessment to 25 cents/b per 0.1% weight of sulphur above the 0.6% weight standard, according to a subscriber note.

  • This is up by 5 cents/b compared to February.
  • The change will apply to cargoes loading from March 1.

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