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New Platts "Microsite" Increases Transparency in Jet Fuel
LONDON, April 11, 2012/PRNewswire/ --
- Provides Jet Industry a One-Stop Source for News, Commentary, Price
Assessments
Platts, a leading global energy, petrochemicals and metals information provider, today
announced it has enhanced its website http://www.platts.com to include a special
section aimed at the energy information needs of the aviation industry.
"We're pleased to introduce a one-stop source of global jet fuel news and price data
that we believe will further enhance transparency in and broader understanding of the
aviation fuel markets," said Dave Ernsberger, Platts global editorial director of oil.
At http://www.platts.com/JetFuel Platts now provides easy, online access to nearly
a dozen web pages devoted to the business of aviation energy, including:
- Platts Global Jet Index, an index reflective of a worldwide value based on
Platts' daily spot market assessments for regional jet fuels
- Graphics of Platts' spot regional jet fuel price assessments
- Daily commentary and overview of jet fuel pricing in key refining and
consuming markets worldwide
- Up-to-the-minute jet fuel news
"Platts is committed to serving the information needs of the aviation energy markets
and ensuring its website continues to develop as a trusted resource for the aviation
industry," said Tim Worledge, Platts team leader of middle distillates for Europe, Middle
East and Africa (EMEA).
Platts' jet fuel microsite will also be accessible through the well-known website of
the International Air Transport Association (IATA) via its fuel price monitor
[http://www.iata.org/fuelpricemonitor ] and economics pages
[http://www.iata.org/whatwedo/economics/Pages/index.aspx ].
The Platts jet fuel price assessments employ the time-tested Market-on-Close
methodology that has been used in physical oil and product markets worldwide for nearly 20
years. Platts MOC is a highly transparent price assessment process based on the principle
that price is a function of time. The MOC process identifies bid, offer and transaction
data by company of origin and results in a time-sensitive end-of-trading-day daily price
assessment. Platts, through its products and services, has served the aviation industry
with news and benchmark price references for more than thirty years.
For more information on crude oil and other refined products
[http://www.platts.com/Commodity/Oil ], price assessment methodologies in oil
[http://www.platts.com/MethodologyAndSpecifications.aspx?commodity=Oil ] and more, visit
the Platts website [http://www.platts.com ].
About Platts: Founded in 1909, Platts [http://www.platts.com ] is a leading global
provider of energy, petrochemicals and metals information and a premier source of
benchmark prices for the physical and futures markets. Platts' news, pricing, analytics,
commentary and conferences [http://www.platts.com/Conference ] help customers make
better-informed trading and business decisions and help the markets operate with greater
transparency and efficiency. Customers in more than 150 countries benefit from Platts'
coverage of the carbon emissions [http://www.platts.com/Commodity/ElectricPower ], coal
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389395x2023383 ], electricity
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389396x2540576 ], oil,
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389398x3574962 ] natural gas
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389397x3057769 ], metals
[http://www.platts.com/Commodity/Metals ], nuclear power
[http://www.platts.com/Commodity/ElectricPower ], petrochemical
[http://www.platts.com/Commodity/Petrochemicals ], and shipping
[http://www.platts.com/Commodity/Shipping ] markets. A division of The McGraw-Hill
Companies (NYSE: MHP), Platts is headquartered in New York with approximately 900
employees in more than 15 offices worldwide. Additional information is available at
http://www.platts.com [http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389390x17344020
].
About The McGraw-Hill Companies: McGraw-Hill announced on September 12, 2011, its
intention to separate into two public companies: McGraw-Hill Financial, a leading provider
of content and analytics to global financial markets, and McGraw-Hill Education, a leading
education company focused on digital learning and education services worldwide.
McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P
Capital IQ, S&P Indices, Platts energy information services and J.D. Power and Associates.
With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees
across more than 280 offices in 40 countries. Additional information is available at
http://www.mcgraw-hill.com.
Source: Platts
In Europe: Elizabeth Catalano, +44-207-176-6024, or In Asia: Casey Yew +65-653-06552, or Kathleen Tanzy, +1-212-904-2860, Kathleen_tanzy@platts.com
New Platts "Microsite" Increases Transparency in Jet Fuel
LONDON, April 11, 2012/PRNewswire/ --
- Provides Jet Industry a One-Stop Source for News, Commentary, Price
Assessments
Platts, a leading global energy, petrochemicals and metals information provider, today
announced it has enhanced its website http://www.platts.com to include a special
section aimed at the energy information needs of the aviation industry.
"We're pleased to introduce a one-stop source of global jet fuel news and price data
that we believe will further enhance transparency in and broader understanding of the
aviation fuel markets," said Dave Ernsberger, Platts global editorial director of oil.
At http://www.platts.com/JetFuel Platts now provides easy, online access to nearly
a dozen web pages devoted to the business of aviation energy, including:
- Platts Global Jet Index, an index reflective of a worldwide value based on
Platts' daily spot market assessments for regional jet fuels
- Graphics of Platts' spot regional jet fuel price assessments
- Daily commentary and overview of jet fuel pricing in key refining and
consuming markets worldwide
- Up-to-the-minute jet fuel news
"Platts is committed to serving the information needs of the aviation energy markets
and ensuring its website continues to develop as a trusted resource for the aviation
industry," said Tim Worledge, Platts team leader of middle distillates for Europe, Middle
East and Africa (EMEA).
Platts' jet fuel microsite will also be accessible through the well-known website of
the International Air Transport Association (IATA) via its fuel price monitor
[http://www.iata.org/fuelpricemonitor ] and economics pages
[http://www.iata.org/whatwedo/economics/Pages/index.aspx ].
The Platts jet fuel price assessments employ the time-tested Market-on-Close
methodology that has been used in physical oil and product markets worldwide for nearly 20
years. Platts MOC is a highly transparent price assessment process based on the principle
that price is a function of time. The MOC process identifies bid, offer and transaction
data by company of origin and results in a time-sensitive end-of-trading-day daily price
assessment. Platts, through its products and services, has served the aviation industry
with news and benchmark price references for more than thirty years.
For more information on crude oil and other refined products
[http://www.platts.com/Commodity/Oil ], price assessment methodologies in oil
[http://www.platts.com/MethodologyAndSpecifications.aspx?commodity=Oil ] and more, visit
the Platts website [http://www.platts.com ].
About Platts: Founded in 1909, Platts [http://www.platts.com ] is a leading global
provider of energy, petrochemicals and metals information and a premier source of
benchmark prices for the physical and futures markets. Platts' news, pricing, analytics,
commentary and conferences [http://www.platts.com/Conference ] help customers make
better-informed trading and business decisions and help the markets operate with greater
transparency and efficiency. Customers in more than 150 countries benefit from Platts'
coverage of the carbon emissions [http://www.platts.com/Commodity/ElectricPower ], coal
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389395x2023383 ], electricity
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389396x2540576 ], oil,
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389398x3574962 ] natural gas
[http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389397x3057769 ], metals
[http://www.platts.com/Commodity/Metals ], nuclear power
[http://www.platts.com/Commodity/ElectricPower ], petrochemical
[http://www.platts.com/Commodity/Petrochemicals ], and shipping
[http://www.platts.com/Commodity/Shipping ] markets. A division of The McGraw-Hill
Companies (NYSE: MHP), Platts is headquartered in New York with approximately 900
employees in more than 15 offices worldwide. Additional information is available at
http://www.platts.com [http://mcgrawhill.pr-optout.com/Url.aspx?517212x17389390x17344020
].
About The McGraw-Hill Companies: McGraw-Hill announced on September 12, 2011, its
intention to separate into two public companies: McGraw-Hill Financial, a leading provider
of content and analytics to global financial markets, and McGraw-Hill Education, a leading
education company focused on digital learning and education services worldwide.
McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P
Capital IQ, S&P Indices, Platts energy information services and J.D. Power and Associates.
With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees
across more than 280 offices in 40 countries. Additional information is available at
http://www.mcgraw-hill.com.
Source: Platts
In Europe: Elizabeth Catalano, +44-207-176-6024, or In Asia: Casey Yew +65-653-06552, or Kathleen Tanzy, +1-212-904-2860, Kathleen_tanzy@platts.com