Product Update 04/03/2024

A breakdown of new features, changes and additions to the Sparta Platform.

E10 pricing basis added to ARA for gasoline

Location: 

Gasoline > Global ARBs

Gasoline > Blender

What is it?

Sparta now enables traders to view ARA gasoline economics on an E10 basis as well as the current E5. We have implemented this change in anticipation of the gasoline market moving its main pricing basis from E5 to E10 during the year.

Instruction

In the main navigation pane under gasoline > in the top left, select E5 or E10 to switch the primary pricing basis. By default, E5 is selected as the primary pricing basis for ARA.

E10 - Blender

New distillate curve added to Historical Forwards:

Location: 

Live Curves (all) > Historical Forwards

What is it?

We have added the following distillate curve to Historical Forwards:

  • SING 92 Spread

Instruction

Navigate to Live Curves under Gasoline, Distillate or Naphtha > click Historical Forwards and select SING 92 Spd from the drop-down window.

Distillate - SING92 Spd