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The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets.The business was started with the foundation in 1909 of the magazine National Petroleum News by Warren C. Platt.
It is also Asia’s largest physical oil trading hub. Additionally, it is home to the world’s largest bunkering port and the world's two largest oil rig builders SembCorp Marine and Keppel Corporation. [5] Singapore traded 21% of the world market of more than 213 million metric tons of bunker fuel in 2019. [6]
This is a list of sources of light, the visible part of the electromagnetic spectrum.Light sources produce photons from another energy source, such as heat, chemical reactions, or conversion of mass or a different frequency of electromagnetic energy, and include light bulbs and stars like the Sun. Reflectors (such as the moon, cat's eyes, and mirrors) do not actually produce the light that ...
Meanwhile, BofA analysis shows prices could drop to an average of $65 per barrel in 2025, particularly if the Organization of Petroleum Exporting Countries (OPEC) decides to bring barrels back ...
A fluorescent lamp, or fluorescent tube, is a low-pressure mercury-vapor gas-discharge lamp that uses fluorescence to produce visible light. An electric current in the gas excites mercury vapor, to produce ultraviolet and make a phosphor coating in the lamp glow.
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Tapis crude is a Malaysian crude oil used as a pricing benchmark in Singapore. Tapis is very light, with an API gravity of 43°-45°, and very sweet , with only about 0.04% sulfur. [ 1 ] [ 2 ] While it is not traded on a market like Brent Crude or West Texas Intermediate (WTI), it is often used as an oil marker or price referencing indicator ...