Mars
Mars crude delivered to LOOP Clovelly Hub in Louisiana. A medium sour US crude arriving on the Mars pipeline, assessed as a differential to Nymex WTI futures. Trading terminates 3 business day before the 25th calendar day of the month prior to the contract month. If the 25th calendar day is not a business day, trading terminates 4 business days before the 25th calendar day of the month prior to the contract month.
Currency and unit of measure: $/b
Incoterm: FOB
Quantity: 1,000 bpd
Time of assessment: 14:30:00 America/New_York
Publishing frequency: Daily
Spec: 2% sulphur, 28 degrees API gravity
Start Date: 08.03.2021
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