FUEL OIL-3.5 PERCENT-CARGOES FOB NWE-PLATTS EUROPEAN MARKETSCAN definition
FUEL OIL-3.5 PERCENT-CARGOES FOB NWE-PLATTS EUROPEAN MARKETSCAN means that the price for a Pricing Date will be that day’s Specified Price per metric ton of fuel oil with a sulphur content of up to 3.5 percent, stated in U.S. Dollars, published under the heading “ European Products: Northwest Europe cargoes: FOB NWE: Fuel oil 3.5%” in the issue of Platts European Marketscan that reports prices effective on that Pricing Date.