Mean of Platts Singapore (MOPS) is a market reference 

price independently determined by Platts based on 

quotes in the paper and physical markets as well as 

trading results within the Platt’s assessment window. This 

fixing process, occurring between 4:00-4:30 p.m. each 

day for oil products, can be viewed on the open trading 

information platform run by Platts, and the results from 

which will be displayed on the Platts Global Alert (PGA) 

page 190. Fuel oil is one of many products tracked on 

this platform, where admitted participants, including major 

oil companies and trading houses submit information on 

bids and offers. The platform is not intended for physical 

delivery of fuel oil, but rather to create a transparent 

market price.

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