Platts

Iraq adopts new pricing for US crude

Somo, the Iraqi state-owned oil marketing firm, has followed in the footsteps of Saudi Arabia and Kuwait by adopting the Argus Sour Crude Index (ASCI) to benchmark price sales of US-bound crude from April onwards.

CFTC moves to force Platts to divulge trade data documents

The US Commodity Futures Trading Commission (CFTC) has filed an application to enforce compliance with two document subpoenas issued to global publisher McGraw-Hill Companies, as part of its ongoing investigation of corrupt energy trading practices. The…

ICE launches market data company

IntercontinentalExchange (ICE), the Atlanta-based electronic commodity trading platform, has established a company to exclusively distribute its market data, officials said last week.

SGX and Tocom sign licensing agreement with Platts

The Singapore Exchange (SGX) and the Tokyo Commodity Exchange (Tocom) have signed licensing agreements with energy information provider Platts, a division of the McGraw-Hill Companies, to use Platts' Middle East benchmarks for the SGX and Tocom Middle…

Platts launches US coal derivatives index

Platts, the energy information business and part of McGraw-Hill, has launched a series of coal derivatives indexes in the US to help market participants to price contracts in this developing area of the energy markets.

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