The benchmarks our contracts are written against.
We publish the reference levels our desks contract against, once a week, after the Friday close. This is orientation for counterparties, not a market data service: there are no live feeds and no intraday updates on this site.
Levels as of Friday 28 August 2026, 17:30 CEST — Published weekly, after the Friday close.
| Instrument | Basis | Unit | Reference | Week on week | 5-day range |
|---|---|---|---|---|---|
| Brent Dated | Platts | $/bbl | 72.85 | +0.94 | 71.60 – 73.42 |
| WTI | NYMEX front month | $/bbl | 69.40 | +0.71 | 68.15 – 69.88 |
| Gasoil 10ppm CIF NWE | Platts | $/mt | 684.25 | +6.50 | 672.00 – 689.75 |
| Jet A-1 CIF NWE | Platts | $/mt | 712.00 | +4.75 | 701.50 – 716.25 |
| Fuel oil 0.5% FOB Singapore | Platts | $/mt | 462.75 | -2.25 | 458.00 – 468.50 |
| LME Aluminium 3M | LME | $/mt | 2,634 | -11 | 2,610 – 2,662 |
| Alumina FOB Australia | Index | $/mt | 418.00 | -3.50 | 415.00 – 424.00 |
| LME Copper 3M | LME | $/mt | 9,845 | +62 | 9,730 – 9,902 |
| Copper concentrate TC/RC, spot | Clean concentrate, CIF China | $/dmt, c/lb | 14.80 / 1.48 | -0.60 | 14.50 – 16.10 |
| Copper concentrate TC/RC, 2026 benchmark | Annual settlement | $/dmt, c/lb | 21.25 / 2.13 | — | Fixed for the year |
Brent Dated
- Basis
- Platts
- Unit
- $/bbl
- Reference
- 72.85
- Week on week
- +0.94
- 5-day range
- 71.60 – 73.42
WTI
- Basis
- NYMEX front month
- Unit
- $/bbl
- Reference
- 69.40
- Week on week
- +0.71
- 5-day range
- 68.15 – 69.88
Gasoil 10ppm CIF NWE
- Basis
- Platts
- Unit
- $/mt
- Reference
- 684.25
- Week on week
- +6.50
- 5-day range
- 672.00 – 689.75
Jet A-1 CIF NWE
- Basis
- Platts
- Unit
- $/mt
- Reference
- 712.00
- Week on week
- +4.75
- 5-day range
- 701.50 – 716.25
Fuel oil 0.5% FOB Singapore
- Basis
- Platts
- Unit
- $/mt
- Reference
- 462.75
- Week on week
- -2.25
- 5-day range
- 458.00 – 468.50
LME Aluminium 3M
- Basis
- LME
- Unit
- $/mt
- Reference
- 2,634
- Week on week
- -11
- 5-day range
- 2,610 – 2,662
Alumina FOB Australia
- Basis
- Index
- Unit
- $/mt
- Reference
- 418.00
- Week on week
- -3.50
- 5-day range
- 415.00 – 424.00
LME Copper 3M
- Basis
- LME
- Unit
- $/mt
- Reference
- 9,845
- Week on week
- +62
- 5-day range
- 9,730 – 9,902
Copper concentrate TC/RC, spot
- Basis
- Clean concentrate, CIF China
- Unit
- $/dmt, c/lb
- Reference
- 14.80 / 1.48
- Week on week
- -0.60
- 5-day range
- 14.50 – 16.10
Copper concentrate TC/RC, 2026 benchmark
- Basis
- Annual settlement
- Unit
- $/dmt, c/lb
- Reference
- 21.25 / 2.13
- Week on week
- —
- 5-day range
- Fixed for the year
How each desk prices.
Which assessment, which quotational period, which premium. What the desks think of the market is in the notes.
Crude oil
Term liftings price against dated Brent with a quotational period around the bill of lading date, normally five days after B/L. Dubai-linked structures are used where the discharge refinery requires them. Quality and density adjustments follow the agreed grade assay.
Go to the deskEnergy products
Middle distillates price against Platts CIF NWE cargo assessments, barges against the Rotterdam barge quote, and 0.5% fuel oil against Platts FOB Singapore. Quotational periods are agreed per contract, most often the mean of the delivery window.
Go to the deskAluminium
P1020A ingot and sows price as LME cash or 3M plus an agreed regional premium, with the premium fixed for the contract period rather than floating. Alumina-linked contracts reference the published FOB Australia index.
Go to the deskCopper
Concentrate is bought on assay-based provisional pricing with a fixed quotational period, treatment and refining charges agreed against the annual benchmark or the spot market. Grade A cathode prices as LME plus a delivered premium on annual frames.
Go to the desk