Time Cut-Off

In its daily assessments of West African crude oil, Platts reflects cargo bids and offers that are submitted in full to Platts before 15.45 London time.  The prices of these bids and offers may be adjusted at a rate of a maximum of 5 cents/barrel per minute. The last price change must be submitted to Platts ahead of 16.25 London time. Platts assessments reflect value at 16.30 London time precisely.