Platts definition

Platts means the provider of energy and metals information and a source of benchmark price assessments in the physical energy markets;
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.
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.

Examples of Platts in a sentence

  • Any shortfall volumes sold for the delivery months, shall be credited at the monthly average price of the Gas Daily NGPL, Texok zone index as published in the Platts Gas Daily, Final Daily Price Survey minus $0.15 per MMBtu.

  • Any shortfall volumes will be credited at the monthly average price of the Gas Daily NGPL, “HSC” index as published in the Platts Gas Daily, Final Daily Price Survey minus $0.25 per MMBtu.

  • SWING GAS PRICE: For physical volumes delivered that are not priced under Fixed Gas Price or Index Gas Price, all excess volumes delivered will then be priced at the monthly average price of the Gas Daily NGPL, “Katy” index as published in the Platts Gas Daily, Final Daily Price Survey plus $0.40 per MMBtu.


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;
Platts is defined in Section 12.2 of this Schedule A.
Platts means Platts, a division of The XxXxxx-Xxxx Companies.
Platts means the Platts commodities information division of MH and any successor in interest thereto.
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.
Platts. Platts McGraw Hill, London is the organization internationally recognized and accepted who publish official market prices of petroleum products on a daily basis.