Platts definition

Platts means the provider of energy and metals information and a source of benchmark price assessments in the physical energy markets;
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Platts means a price benchmark service for the oil industry. Platts pricing plus a premium or minus a discount is the preferred pricing mechanism on this requirement.
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Platts means Platts Crude Oil Marketwire, or if Platts Crude Oil Marketwire ceases to be published then another similar daily international publication that lists benchmark crude oil prices and which is agreed at the time between the Parties.
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Examples of Platts in a sentence

  • Replacement Cost of Fuel: If gas is diverted from a customer, compensation will be at the midpoint price in Platts Gas Daily, Daily Price Survey for Transco Zone 6 N.Y on the day(s) of such diversion.

  • In addition, the Third Party Supplier will be billed at the higher of the “Company’s Replacement Cost of Gas” (defined below) or the highest price of daily ranges for delivery in Texas Eastern zone M-3 that are published in Platts Gas Daily on the table, “Daily Price Survey” in effect during the OFO period for the volume difference between the OFO Required Volume and the actual delivered volume.

  • The average weekly assessments will be based on the Monday to Friday week average of the high and low daily assessments as compiled by Platt's Oilgram and made available electronically at the beginning of the following week from either GlobalView or PAWS.

  • The Exchange is listing one new option on futures contract, the Fuel Oil Crack - Marine Fuel 0.5% FOB USGC Barges (Platts) vs Brent 1st Line Average Price Option, which supplements the Exchange’s existing suite of marine fuel products.

  • All Platts employees must adhere to the S&P Global Code of Business Ethics (COBE), which has to be signed annually.


More Definitions of Platts

Platts means Xxxxx’x Marketscan, the daily (UK-workdays) quotations service published by Standard & Poor’s a Division of The Xx Xxxx-Xxxx Group;
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Platts is defined in Section 12.2 of this Schedule A.
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Platts means Platts, a division of The XxXxxx-Xxxx Companies.
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Platts means the Platts commodities information division of MH and any successor in interest thereto.
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Platts means the Price Reporting arm of Standard and Poor's, New York, United States of America;
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Platts means the daily quotations of MOPAG, which is the mean of Platts Arabian Gulf for Jet Kero (ref PJAAA00), as published by S&P Global Platts.
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Platts means S&P Global Platts, which publishes news, commentary, fundamental market data and analysis, and daily price assessments for petroleum, oil, natural gas, LNG, power, coal, shipping, petrochemicals, metals, and agriculture.
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