OSP for Vietnam’s Su Tu Den plunges

摘要

Singapore-Vietnam’s state-owned PV Oil has set the official selling price for direct-burning Su Tu Den crude at a 75 cents/barrel premium to Platts Dated Brent crude assessments for cargoes loading January-June 2015, 78.5% lower than the July-December 2014 OSP differential of $3.50/b and 80.7% lower than the $3.90/b set for the first half of 2014, Platts data showed. The Su Tu Den OSP differential is set based on the premium secured on the grade’s term contracts for the corresponding period.