Platts To Provide Daily Spot Assessment Of Top Nigerian Crude Grades

Platts a part of S&P Global Energy has confirmed its plan to commence daily publication of spot assessments for Nigerian crude grades Amenam Blend and CJ Blend on a FOB Nigeria basis, to replace the current Market Parity Prices, effective October 1, 2026.
The FOB, (Free on Board) basis means the seller is responsible for the goods, including export clearance and loading, until the cargo is safely on board the vessel at the named port of shipment
This follows feedback from market participants on the spot market liquidity of both grades and subsequent demand for an assessment reflecting spot market values.
Platts currently publishes calculated MPPs for Amenam Blend and CJ Blend reflec...