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Platts to Exclude Russian Product from EU 3.5% Fuel Oil

OIL PRODUCTS

Platts to exclude Russian-origin product from European 3.5%S FO, feedstocks assessments.

  • Platts will not reflect Russian-origin product in its European 3.5%S fuel oil and feedstock assessments effective Oct. 3.
  • Feedback gathered from the market, as well as observed market activity in recent weeks, has shown a significant move away from Russian-origin material in the spot market.

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