01 Jun '17, 6am

Platts approves Indonesia's Karimun terminal in Singapore pricing - Reuters

By Jessica Jaganathan | SINGAPORE SINGAPORE Oil price agency S&P Global Platts has approved Indonesia's Oiltanking Karimun Terminal in its Singapore pricing process for gasoil, jet fuel and gasoline cargoes, the company said in a note to subscribers on Thursday. Platts, a unit of S&P Global, will publish offers of oil product cargoes loading from the storage terminal in its pricing process, known as the market-on-close, from July 3, the company said. The pricing agency will publish seller's offers from Karimun on a free-on-board (FOB) Indonesia basis, where the seller needs to state the loading point as FOB Karimun at the time of indicating their interest to Platts for publication, Platts said. This will the first Indonesian delivery point in Platts' Singapore price assessment process. Other loading points outside Singapore that Platts includes in its oil product assessmen...

Full article: http://www.reuters.com/article/indonesia-storage-pricing-...

Tweets

Platts approves Indonesia's Karimun terminal in...

reuters.com 01 Jun '17, 5am

By Jessica Jaganathan | SINGAPORE SINGAPORE Oil price agency S&P Global Platts has approved Indonesia's Oiltanking Karimun...

Indonesia says 1200 ISIS operatives in Philippi...

straitstimes.com 04 Jun '17, 5am

He called for expanding anti-piracy patrols initiated in August by Indonesia, Malaysia and the Philippines near Mindanao t...

Singapore marks 5th straight winning month, Ind...

theedgemarkets.com 31 May '17, 12pm

(May 31): Singapore's shares edged up on Wednesday, clocking their fifth straight winning month, while Indonesian stocks a...