Gasoil Outright - Middle East Gasoil FOB Arab Gulf (Platts) Future
Gasoil Outright - Middle East Gasoil FOB Arab Gulf (Platts) Future
Contract Specifications
A monthly cash settled future based on the Platts daily assessment price for
Description
Gasoil FOB Arab Gulf.
Settlement Price Quotation One tenth of one cent ($0.001) per barrel
Minimum Price Fluctuation One tenth of one cent ($0.001) per barrel
ICE Help Desk: Atlanta + 1 770 738 2101, London + 44 (0)20 7488 5100 or ICEHelpdesk@theice.com
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Contract Specifications
In respect of final settlement, the Floating Price will be a price in USD and
cents per barrel based on the average of the “Mid” quotations appearing in
the "Platts Asia-Pacific/Arab Gulf Marketscan" under the heading "Asia
Final Settlement
Products" subheading "Middle East physical oil assessments" and "FOB
Arab Gulf ($/barrel)" for "Gasoil" for each business day (as specified below)
in the determination period.
Final Payment Date Two Clearing House Business Days following the Last Trading Day
ICE Help Desk: Atlanta + 1 770 738 2101, London + 44 (0)20 7488 5100 or ICEHelpdesk@theice.com
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