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

  • Such reviews are carried out by Platts reporters and their managers, supplemented and supported by price methodology specialists who operate separately from the reporting teams.

  • Platts follows a clearly defined process for public consultation on material changes to its methodologies.

  • Platts does not specify a minimum amount of transaction data, or a transaction data threshold, for the publication of its price assessments.

  • Platts considers data for assessment of any market where a single company provides more than half of all available information to be one where such a company provides a significant proportion of data.

  • When determining a final market assessment, Platts gives the greatest priority to fully verifiable and transparent market information.


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 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 shall mxxx "Xxatt's Oilgram Xxxxx Xeport", published by McGraw Hill, Inc. (or any successor thereto).
Platts means any report published by S&P Global Platts that indicates a daily price for a base product set out in Schedule A or Schedule A.1, as the case may be. (Platts)