Oil Swap Model Product Specification

Crude (OSP-CRO-GLO-ALL) - Curve Coverage

Eu Distillate (OSP-MID-EUR-EUD) - Curve Coverage

EU/Asia Fuel (OSP-FUO-EUR-EUF) - Curve Coverage

Gasoline ( OSP-LIG-GLO-GAS) - Curve Coverage

Naphtha (OSP-LIG-EUR-NAP) - Curve Coverage

NGLs/LPGs ( OSP-LIG-GLO-NGL) - Curve Coverage

Petrochemicals (OSP-PET-APA-ALL)- Curve Coverage

Singapore Distillate (OSP-MID-APA-SGD)- Curve Coverage

US Distillate-Heating Oil (OSP-MID-AME-USD)- Curve Coverage

US Fuel (OSP-FUO-AME-USF)- Curve Coverage

Tradition Data Packages:

Product Code	Product Name
OSP-OIL-GLO-ALL	Global OSP Package
OSP-FUO-AME-USF	US Fuel
OSP-FUO-EUR-EUF	EU Fuel
OSP-FUO-GLO-ALL	Fuel Oils
OSP-LIG-EUR-NAP	Naphta
OSP-LIG-GLO-ALL	Light Ends
OSP-LIG-GLO-GAS	Gasoline
OSP-LIG-GLO-NGL	Natural Gas Liquids / Liquefied Petroleum Gas
OSP-MID-AME-USD	US Distillates - Heating Oil
OSP-MID-APA-SGD	Singapore Distillates
OSP-MID-EUR-EUD	EU Distillates
OSP-MID-GLO-ALL	Middle Distillates
OSP-PET-APA-ALL	Petrochemicals
OSP-REM-EUR-ALL	Refinery Margins

FAQ:

Question	Answer
How many snap files are available per day?	48 files per day, two per each hour
What are Key benefits ?	Full product coverage across crude and the refined product spectrum, from Fuel Oil, Gasoil, Diesel and Jet Fuel Through to Gasoline, Naphtha and LPG. Extensive forward curve coverage dependent on market standards. Curves typically span 6-64 months, 0-22 quarters, 0-11 halves, and 0-5 calendar years. Full flexibility on data content and delivery method – choose from our comprehensive suite of data packages delivered either real time or per chosen snapshots.
ARA, N.W.E	They both refer to North West Europe Benchmark, delivery point ARAARA refers to the ports of Amsterdam, Rotterdam, and Antwerp in the Northwest Europe.They refer to the same delivery point but in some product N.W.E delivery is called ARA in some shows as NEW
CIF, FOB	The main difference between CIF and FOB is the party that is responsible for the goods while they are in transit. With a CIF agreement, the seller is liable for the goods during transit, and with a FOB, the buyer is liable for the goods during transit. Other than that, there is not a major difference between the two, for this reason CIF Contracts are more Expensive.
Cargoes vs Barges	Cargo refers to ships that can travel across international water. Barges, flat and harder to manoeuvre, are used mainly for local transport, rivers, canals etc. The same product can trade both as Barge or Cargo, depending on the delivery point.
Crack	A crack, or crack spread, is a term used in the energy markets to represent the differences between crude oil and the prices of wholesale petroleum products that derive from it: such as jet fuel, kerosene, home heating oil, and gasoline.Brent and WTI are the most important benchmarks.
East/West ARB and Atlantic ARB	Arbitrage (ARB) refers to the spread of products traded in different location. It doesn’t take into account transportation costs.“East/West” is the spread between Europe and Asia, while “Atlantic” is the one between US and Europe.
Light vs Heavy	Refers to API Gravity i.e. oil density and content of Lighter elements. Light oil requires less processing and produces a greater Percentage of Gasoline and Diesel than Heavy Oil: as such is more desirable.
RBOB, EBOB	They Both refer to gasoline contracts. RBOB is the American benchmark, EBOB is the European one.
Refinery Margins	The gross refining margin is the difference between the weighted average of the price of petroleum products (such as gasoline and diesel) leaving the refinery and the value of the original crude oil used.
Sweet vs Sour	Refers to Sulphur Content in Crude Oil. The sweeter the oil (Less Sulphur) the better as refining is cheaper and requires less cleaning of the product.
Spreads	Time spreads between tenors of the same curve
Diff or Differentials	Diffs or differentials are spreads versus Oil Products. The most liquids Diff tend to be between interchangeable products (same position in the barrel) that compete with each other.
Is Historical Data Available?	Yes,Since 2023

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