ICIS is implementing a process of rolling consultation on all of its pricing methodologies. This consultation paper is part of this formal process and covers all of the ICIS primary price points included in the oil products weekly publications.
The consultation asks both general questions about the suitability of the ICIS pricing methodology and questions addressing specific oil products market issues.
Click here to view the Oil Products Methodology Consultation 2021
There were no formal responses to consultation GMC18/21. ICIS will not be proposing any immediate changes to the methodology of the oil products report. Any decision to change this methodology will be communicated to subscribers using the usual channels and with the usual notice period.
ICIS continues to welcome any feedback on its oil products methodology outside of the formal consultation process.
To provide further comments or feedback please contact Barbara Ortner, Head of Market Reporting: Barbara.Ortner@icis.com