Platts Oilgram definition

Platts Oilgram means the publication of that name published by a unit of The XxXxxx-Xxxx Companies Inc.

Examples of Platts Oilgram in a sentence

  • The Urals reference oil price is an average of the Urals (MED) and Urals (Rdam) prices as published in the Platts Oilgram Price Report.

  • Owners to supply Platt's Oilgram for the relevant date as xxxxxx on invoicing.

  • If Platts Oilgram ceases to provide the information to be obtained therefrom pursuant to this Agreement, the Parties shall negotiate in good faith to agree upon a replacement publication or pricing mechanism.

  • If Platts Oilgram discontinues publication of prices for Louisiana Light Sweet Crude Oil or ceases to provide the information to be obtained therefrom pursuant to this Agreement, the Parties shall negotiate in good faith to agree upon a replacement publication or pricing mechanism.

  • If the price of fuel for each voyage as determined by the Platt's Oilgram for the port of New York xxxxxx most recently preceding the bill of lading date is greater or less txxx USD 100.00 pmt, then the freight rate to be increased or decreased by USD 0.01 pmt for each dollar that the fuel price so varies, up to a maximum of USD 0.50 pmt from the base USD 100.00 per metric ton rate.

  • WTI = Monthly average quotation of the daily average (high and low) of the petroleum quoted in Platt's Oilgram Price Report, under the heading "Spot Assessment," published during the month the petroleum is delivered.

  • Xxxxx, Manager Marketing Specialty Products APPENDIX A EXXON INCREMENTAL COST PER KLB STEAM Definitions Units ------------------------------------------------------------- ------- PAP = Platts Oilgram NY Spot monthly average price for No. 6, $/Bbl 0.3 wt% sulfur fuel oil - low pour cargo price - use midrange value AF = Cost of gas from PSE&G's Gas Assistance Program (GAP).

  • For 75 grade Heating Oil, the mean quotation, as published in Platts Oilgram under the heading, "Gulf Coast Pipeline," effective for the date of entitlement for No. 2 shall be used.

  • Vessels hired/third party/excluded items are as follows: Marichem Gas Bottles (Oxygen - Acetylene) Buyers to pay extra for remaining bunkers at the following prices: For IFO 380 CST, IFO 180 CST and MDO at the Published Platts Oilgram price issued at the port close to delivery three (3) banking days prior to the expected date of delivery and unused luboil that have not passed through vessel’s system in designated storage tanks and sealed drums only at owners last net contract prices evidenced by vouchers.

  • For all grades, except 75 grade Heating Oil, the mean quotation for the relevant Products, as quoted in Platts Oilgram under the heading, "Gulf Coast Pipeline," effective for the date of entitlement shall be used.

Related to Platts Oilgram

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Fuel oil means heavy distillates or residues from crude oil or blends of such materials intended for use as a fuel for the production of heat or power of a quality equivalent to the “American Society for Testing and Materials’ Specification for Number Four Fuel Oil (Designation D 396-69)”, or heavier.

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Dekatherm (dt) shall mean on million British Thermal Units and is synonymous to the term MMBTU.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • LPG means liquefied petroleum gas.

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • Fuel means any solid, liquid or gaseous combustible material;

  • Gallon means a United States gallon of two hundred thirty-one cubic inches of liquid at 60º Fahrenheit, and at the equivalent vapor pressure of the liquid.

  • Feed means feed as defined in point (4) of Article 3 of Regulation (EC) No 178/2002;

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.