Platts Changes to Middle East Oil Pricing Causing Trader Angst [Yahoo! Finance]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Yahoo! Finance
pricing window resulted in market dislocations that have drawn complaints from traders. At the start of the week, S&P Global Energy, or Platts as it's better known, stopped accepting bids and offers in its daily trading window for crude varieties that need to transit the Strait of Hormuz. Most Read from Bloomberg NYC Hudson Yards-Area Apartment Tower Sells for $129 Million Adding Up What Urban Highways Really Cost Supreme Court Preserves NY GOP-Held Congressional District NYC Congestion Pricing Program Can Continue, US Judge Rules How to Fireproof a Neighborhood This has meant only Oman and Murban crude, which load outside the strait, can be bought and sold in the so-called market-on-close trading window, which is used to set the price of Dubai oil. Lots trading on the Platts Dubai trading window were being sold for about a $23 a barrel premium to the underlying over-the-counter financial derivative on Friday, traders who monitor the platform said. That compares with
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SPGI
Earnings
- 2/10/26 - Miss
SPGI
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- SPGI's page on the SEC website