Crude Oil Marketwire

[OIL ] www.platts.com CRUDE OIL MARKETWIRE

Volume 34 / Issue XX / Month DD, 2013

Key benchmarks ($/barrel) Brent/WTI spreads and EFPs Market Commentary Mid Change Mid Change (PGA page 2210) (PGA page 218) Middle East Sour (PGA page 2298) Dubai (Apr) PCAAT00 112.65–112.67 112.660 +0.280 Brent/WTI 1st AALAT00 19.15/19.17 19.170 +0.540 Dubai (May) PCAAU00 112.64–112.66 112.650 +0.250 Brent/WTI 2nd AALAU00 20.87/20.89 20.890 +0.540 May cash Dubai was assessed at $106.41/barrel Dubai (Jun) PCAAV00 112.24–112.26 112.250 +0.270 Brent/WTI 3rd AALAV00 19.48/19.5 19.500 +0.540 Monday, edging down 14 cents/b from Friday. In the MEC (Apr) AAWSA00 112.65–112.67 112.660 +0.280 Brent EFP (Mar) AAGVW00 0.12/0.14 0.140 +0.540 MEC (May) AAWSB00 112.64–112.66 112.650 +0.250 Brent EFP (Apr) AAGVX00 0.12/0.14 0.140 +0.540 cash Brent market, the May contract moved down to MEC (Jun) AAWSC00 112.24–112.26 112.250 +0.270 Brent EFP (May) AAGVY00 0.12/0.14 0.140 +0.540 $109.95/b having been assessed at $110.51/b on Brent/Dubai (Apr) AAJMS00 4.48/4.50 4.490 +0.300 (PGA page 218) Friday. While the May/June cash Dubai backwardation (PGA page 1210) WTI EFP (Mar) AAGVT00 0.00/0.01 0.010 +0.540 rose 2 cents/b to 16 cents/b, the front-month EFS Brent (Dated) PCAAS00 118.00–118.01 118.005 -0.480 WTI EFP (Apr) AAGVU00 0.00/0.01 0.010 +0.540 -- the Brent/Dubai spread -- narrowed 54 cents/b from Dated North Sea Light AAOFD00 118.00–118.01 118.005 -0.480 WTI EFP (May) AAGVV00 0.00/0.01 0.010 +0.540 Brent (Mar) PCAAP00 118.33–118.35 118.340 -0.240 Friday to $4.13/b, as concerns over the potential end Brent (Apr) PCAAQ00 117.28–117.30 117.290 -0.240 Forward Dated Brent ($/barrel) of arbitrage flows of Forties cargoes to South Korea put Brent (May) PCAAR00 116.43–116.45 116.440 -0.180 pressure on the Western crude benchmark. If arbitrage Mid Change flows of Forties ceased then the two-fold effect could Sulfur de-escalator AAUXL00 0.30 (PGA page 1250) Oseberg QP (Mar) NewCode 5.690 North Sea Dated strip AAKWH00 117.18–117.19 117.180 +0.540 be less upward pressure on the Brent complex and Oseberg QP (Apr) NewCode 6.330 Mediterranean Dated strip AALDF00 117.12–117.13 117.120 +0.540 an increase in demand for Middle East sour crudes Ekofisk QP (Mar) NewCode 9.285 Canada Dated strip AALDJ00 116.60–116.61 116.600 +0.540 Ekofisk QP (Apr) NewCode 9.345 as an alternative slate, sources said. In the Platts BTC Dated strip AAUFI00 117.04–117.06 117.040 +0.540 Market on Close assessment process there were four (PGA page 210) Angola Dated strip AALGM00 116.83–116.85 116.830 +0.540 WTI (Mar) PCACG00 97.45–97.47 97.460 +0.540 West Africa Dated strip AALDH00 116.74–116.76 116.740 +0.540 trades between Shell and Trafigura, with the oil major WTI (Apr) PCACH00 98.02–98.04 98.030 +0.540 WTI (May) AAGIT00 98.55–98.57 98.560 +0.540 Brent/WTI cash spread (2nd month) Contents Eagle Ford Marker AAYAJ00 117.210 +0.540 ACM* (Mar) AAQHN00 111.20–111.22 111.210 +0.540 ($/barrel) Middle East Sour 1 ACM* (Apr) AAQHO00 109.97–109.99 109.980 +0.540 22 Asia Pacific Sweet 3 ACM* (May) AAQHP00 109.00–109.02 109.010 +0.540 North Sea MOC 4 Middle East ($/barrel) North Sea Key Data 5 North Sea Physical Market 5 Mid Change 21 West Africa 7 (PGA page 2210) Mediterranean Light/Sweet 8 Oman (Apr) PCABS00 112.65–112.67 112.660 +0.280 Mediterranean Sour 9 Oman (May) AAHZF00 112.65–112.67 112.660 +0.250 US MOC Commentary 10 Oman (Jun) AAHZH00 112.25–112.27 112.260 +0.270 20 Upper Zakum (Apr) AAOUQ00 113.63–113.67 113.650 +0.250 US Gulf Coast 10 US West Coast 11 Dubai Swap (Mar) AAHBM00 112.65–112.67 112.660 +0.280 Canada 11 Dubai Swap (Apr) AAHBN00 112.64–112.66 112.650 +0.250 Latin America 12 Dubai Swap (May) AAHBN00 112.24–112.26 112.250 +0.270 Source:19 Platts 12-Feb 14-Feb 18-Feb 20-Feb 22-Feb 26-Feb Crude oil Marketwire February 26, 2013

Asia Pacific and Middle East crude assessments ($/barrel)

(Asia MOC) (Asia MOC) (Asia close) (London close) API Diff to Gravity Code Mid Change Code Mid Change Code Mid Change Code Mid Asia close Condensate (PGA page 2212) (PGA page 2213) Diff to Dubai Diff to Asian Dated Brent NW Shelf 61.9 PCAGX00 104.05–104.09 104.070 -0.820 AAPAI00 -4.63 -0.050 AAPAH00 104.030 -0.245 Ras Gas 57.0 AAPET00 105.94–105.98 105.960 -0.620 AAPEU00 0.85/0.95 0.900 0.000 AARAZ00 -2.740 +0.140 AARAY00 105.920 -0.055 Qatar LSC 56.9 AARBB00 104.94–104.98 104.960 -0.620 AARBD00 -0.15/-0.05 -0.100 0.000 AARBC00 -3.740 +0.140 AARBA00 104.920 -0.055 South Pars 57.4 AARAV00 100.64–100.68 100.660 -0.620 AARAX00 -4.45/-4.35 -4.400 0.000 AARAW00 -8.040 +0.150 AARAU00 100.620 -0.045 Diff to ICP Senipah 54.4 AAEOE00 107.02–107.06 107.040 -0.830 AAEOK00 2.05/2.15 2.100 -0.050 AAPBE00 -1.650 -0.060 AAPBD00 107.010 -0.255 Light crude (PGA page 2214) (PGA page 2215) Diff to ICP Diff to Asian Dated Brent Cossack 47.7 PCAGZ00 109.00–109.04 109.020 -0.770 AAPAC00 0.320 0.000 AAPAB00 108.980 -0.200 Gippsland 48.7 PCACP00 108.85–108.89 108.870 -0.770 AAPAU00 0.180 +0.010 AAPAT00 108.840 -0.190 Tapis 45.2 PCACB00 114.95–114.99 114.970 -0.680 AAOZW00 6.280 +0.100 AAOZV00 114.940 -0.100 Belida 45.1 PCAFL00 108.65–108.69 108.670 -0.570 PCAFM00 1.50/1.60 1.550 0.000 AAPBQ00 -0.030 +0.200 AAPBP00 108.630 0.000 Kutubu 44.3 PCAFJ00 109.90–109.94 109.920 -0.770 AAPAE00 1.230 +0.010 AAPAD00 109.890 -0.190 Handil Mix 43.9 PCABE00 109.85–109.89 109.870 -0.570 PCABF00 1.45/1.55 1.500 0.000 AAPBI00 1.170 +0.200 AAPBH00 109.830 0.000 Attaka 42.3 PCAAJ00 108.29–108.33 108.310 -0.570 PCAAK00 1.50/1.60 1.550 0.000 AAPBC00 -0.380 +0.210 AAPBB00 108.280 0.010 Ardjuna 38.0 PCACQ00 104.69–104.73 104.710 -0.570 PCACR00 0.75/0.85 0.800 0.000 AAPBG00 -3.980 +0.210 AAPBF00 104.680 0.010 Diff to Dubai Vityaz 41.6 AARAN00 110.34–110.38 110.360 -0.620 AARAP00 5.25/5.35 5.300 0.000 AARAO00 1.670 +0.150 AARAM00 110.330 -0.050 ESPO M1 34.8 AARWF00 109.21–109.25 109.230 -0.830 AASEU00 3.56/3.66 3.610 -0.200 AARWE00 0.090 -0.350 AARWD00 109.230 -0.470 ESPO M2 34.8 AAWFE00 109.25–109.29 109.270 -0.720 AAWFG00 4.16/4.26 4.210 -0.100 Diff to Oman/Dubai Sokol 39.7 AASCJ00 113.75–113.79 113.770 -0.620 AASCK00 8.65/8.75 8.700 0.000 AAPAO00 5.070 +0.150 AAPAN00 113.730 -0.050 Kikeh 34.9 AAWUH00 116.10–116.14 116.120 -0.710 AAOZY00 7.420 +0.050 AAOZX00 116.080 -0.150 Miri Light 32.3 PCABQ00 115.96–116.00 115.980 -0.670 AAPAS00 7.280 +0.100 AAPAR00 115.940 -0.100 Labuan 32.0 PCABL00 116.36–116.40 116.380 -0.770 AAPAQ00 7.680 0.000 AAPAP00 116.340 -0.200 Medium crude (PGA page 2216) (PGA page 2217) Diff to OSP Diff to Asian Dated Brent Su Tu Den 36.8 AARAR00 113.85–113.89 113.870 -0.670 AARAT00 0.75/0.85 0.800 +0.100 AARAS00 5.180 +0.110 AARAQ00 113.840 -0.085 Bach Ho 40.7 PCAHY00 114.40–114.44 114.420 -0.670 AAPAK00 5.730 +0.110 AAPAJ00 114.390 -0.085 Nanhai 40.0 PCAFR00 107.20–107.24 107.220 -0.710 AAPAG00 -1.470 +0.060 AAPAF00 107.190 -0.135 Diff to ICP Minas 35.3 PCABO00 109.21–109.25 109.230 -0.720 PCABP00 1.15/1.25 1.200 -0.150 AAPBA00 0.540 +0.060 AAPAZ00 109.200 -0.135 Nile Blend 33.9 AAPLC00 103.41–103.45 103.430 -0.570 AAPEX00 -4.65/-4.55 -4.600 0.000 AAPAM00 -5.260 +0.210 AAPAL00 103.400 0.015 Widuri 33.2 PCAFE00 106.19–106.23 106.210 -0.620 PCAFF00 0.35/0.45 0.400 0.000 AAPBO00 -2.480 +0.160 AAPBN00 106.180 -0.035 Daqing 32.2 PCAAZ00 106.30–106.34 106.320 -0.660 AAPAW00 -2.370 +0.110 AAPAV00 106.290 -0.085 Cinta 31.1 PCAAX00 106.39–106.43 106.410 -0.620 PCAAY00 0.35/0.45 0.400 0.000 AAPBK00 -2.280 +0.160 AAPBJ00 106.380 -0.035 Heavy crude (PGA page 2218) (PGA page 2219) Diff to ICP Diff to Asian Dated Brent Dar Blend 25.0 AARAB00 100.30–100.34 100.320 -0.570 AARAC00 -8.380 + 0.200 AARAA00 100.280 0.005 Shengli 24.2 PCABY00 105.55–105.59 105.570 -0.630 AAPAY00 -3.120 + 0.150 AAPAX00 105.540 -0.045 Duri 20.8 PCABA00 105.10–105.14 105.120 -0.620 PCABB00 2.95/3.05 3.000 0.000 AAPBM00 -3.570 + 0.150 AAPBL00 105.090 -0.045 Stybarrow 22.8 AARAH00 115.620 -0.660 AARAI00 6.930 + 0.110 AARAG00 115.590 -0.085 Enfield 22.0 AARAE00 116.220 -0.660 AARAF00 7.520 + 0.100 AARAD00 116.180 -0.095 Vincent 18.3 AARAK00 112.020 -0.660 AARAL00 3.320 + 0.100 AARAJ00 111.980 -0.095

Middle East spot assessments ($/barrel) (PGA page 2220) nominating its second Oman cargo to the trading house Mid Change Spread vs OSP Mid Change for May loading. The trades were between $106.35- Murban AAKNL00 115.93–115.97 115.930 -0.480 AAKUB00 -0.25/-0.15 -0.250 -0.480 106.36/b, at the close Trafigura was bid at $106.40/b, Lower Zakum AAKNN00 115.93–115.97 115.930 -0.480 AAKUF00 -0.25/-0.15 -0.250 -0.480 with Shell not re-offering following its last trade at Umm Shaif AAOUO00 115.48–115.52 115.480 -0.180 AAKUJ00 -0.05/0.05 -0.050 -0.240 Qatar Land AAKNP00 114.92–114.96 114.920 -0.240 AAOUP00 -0.25/-0.15 -0.250 -0.240 $106.36/b just before close of MOC. Iraq issued its Qatar Marine AAKNR00 112.96–113.00 112.960 -0.480 AAKUH00 -0.60/-0.50 -0.600 -0.180 Official Selling Prices over the weekend. Iraq’s Basrah Banoco Arab Medium AAKNT00 113.16–113.20 113.160 -0.550 AAOUR00 -0.25/-0.15 -0.250 -0.480 Al Shaheen AAPEV00 114.27–114.31 113.160 -0.550 AAKUD00 -0.05/0.05* -0.050 -0.550 Light OSP for April was set at the average of Platts * Differential to Dubai Dubai and Oman assessments minus $1.80/b, down 75 cents/b from the March OSP, a SOMO source said Sunday. The April Basrah Light OSP for Asia was set at the equivalent of a 90 cents/b discount to Saudi Asian Crude Indices ($/barrel) (PGA page 2206) Aramco’s April Arabian Medium OSP, unchanged from 16:30 Singapore Interim Asian Close Diff to Dated Brent Final London Close the March spread. Traders said the OSP remained Asian Dated Brent (ADB) AAXPG00 116.450 ADB Strip Asia AARBV00 123.740 AARBX00 116.160 relatively attractive to end-users at the current spread ADB Strip Middle East AARBW00 118.490 AARBY00 116.160 to Arab Medium. “It shows SOMO is trying to attract Asian Crude Index (ACX) AAXIL00 117.170 Asian Heavy Sweet (AHS) AAXQC00 117.170 AAPDP00 5.000 AAPDO00 116.160 buyers,” a trader at a North Asian refiner said. Kuwait For definitions see www.platts.com/IM.Platts.Content/MethodologyReferences/MethodologySpecs/crudeoilspecs.pdf also lowered the April OSP for Kuwait Export Crude by 75 cents/b from March to a discount of $1.15/b to the average of Platts Oman and Dubai crude assessments, a source close to the company said North Sea spot crude assessments ($/barrel) (PGA page 1212) Monday. This keeps the spread of 25 cents/b to Saudi Mid Change Spread vs fwd Dated Brent Mid Change Arabia’s Arab Medium crude unchanged for the sixth BNB AAVJA00 115.93–115.97 115.930 -0.480 AAVJB00 1.19/1.21 1.200 -0.480 Forties PCADJ00 115.93–115.97 115.930 -0.480 AAGWZ00 0.19/0.21 0.200 -0.480 consecutive month. Now only Iran has to issue its OSPs, Oseberg PCAEU00 115.48–115.52 115.480 -0.180 AAGXF00 1.89/1.91 1.900 -0.240 sources said. Spot movement of May loading Middle Ekofisk PCADI00 114.92–114.96 114.920 -0.240 AAGXB00 1.74/1.76 1.750 -0.240 Statfjord PCAEE00 112.96–113.00 112.960 -0.480 AAGXD00 1.04/1.06 1.050 -0.180 Eastern cargoes was yet to get fully underway with Flotta PCACZ00 113.16–113.20 113.160 -0.550 AAGXH00 -1.90/-1.94 -1.920 -0.180 refiners continuing to await the finalization of refinery Troll AAWEX00 114.27–114.31 113.160 -0.550 AAWEY00 4.19/4.21 4.200 -0.180 programming models, which were expected later this Duc AAWEZ00 114.27–114.31 113.160 -0.550 AAWFL00 2.19/2.21 2.200 -0.180 Statfjord (CIF) AASAS00 114.27–114.31 113.160 -0.550 AASAT00 2.24/2.26 2.250 -0.180 week, sources said. Gullfaks (CIF) AASAU00 114.27–114.31 113.160 -0.550 AASAV00 3.69/3.71 3.700 -0.180 North Sea basket AAGIZ00 114.27–114.31 113.160 -0.550 Asia Pacific Sweet (PGA page 2299)

Outright prices for the Far East crude market started the week on a softer note, declining 13 cents-$1.43/ Dated Brent/BFOE swaps ($/barrel) (PGA page 1214) barrel from last Friday. Movements were in line with Week Week Date BFOE Month Dtd Brent swap 1 Feb 25/01 (Apr) AAJNV00 112.350–112.390 112.370 PCAKA00 -0.040/-0.020 -0.030 the wider crude complex with April ICE Brent being 2 Mar 04/08 (Apr) AAJOS00 112.350–112.390 112.370 PCAKC00 -0.040/-0.020 -0.030 assessed at $110.38/b, down 70 cents/b from 3 Mar 11/15 (Apr) AAJOU00 112.300–112.340 112.320 PCAKE00 -0.090/-0.070 -0.080 Friday’s 0830 GMT Asian close. Asian Dated Brent 4 Mar 18/22 (Apr) AAJOW00 112.250–112.290 112.270 PCAKG00 -0.140/-0.120 -0.130 5 Mar 25/29 (Apr) AAJPC00 112.130–112.170 112.150 AAGLU00 -0.260/-0.240 -0.250 declined by $1.12/b to be assessed at $110.58/b 6 Apr 01/05 (Apr) AAJPE00 112.010–112.050 112.030 AAGLV00 -0.380/-0.360 -0.370 during the same period, signalling a weaker North 7 Apr 08/12 (Apr) AALAW00 111.880–111.920 111.900 AALCZ00 -0.510/-0.490 -0.500 8 Apr 15/19 (Apr) AALAX00 111.740–111.780 111.760 AALDA00 -0.650/-0.630 -0.640 Sea crude market due to weaker economics and talk

West African spot crude assessments ($/barrel) (PGA page 1230) of a revision of South Korea and Europe’s Free Trade Mid Change Spread vs fwd Dated Brent Mid Change Agreement. While trade for May-loading cargoes have Bonny Light PCAIC00 115.93–115.97 115.930 -0.480 AAGXL00 1.19/1.21 1.200 -0.480 yet to be discussed, an overhang remained for April- Qua Iboe PCAID00 115.93–115.97 115.930 -0.480 AAGXN00 0.19/0.21 0.200 -0.480 loading crudes in the medium heavy complex. Some Forcados PCABC00 115.48–115.52 115.480 -0.180 AAGXP00 1.89/1.91 1.900 -0.240 Agbami AAQZB00 114.92–114.96 114.920 -0.240 AAQZC00 1.74/1.76 1.750 -0.240 April-loading Minas, Cinta and Widuri were still looking Escravos AAEIZ00 112.96–113.00 112.960 -0.480 AAGXR00 1.04/1.06 1.050 -0.180 for homes, sources said. “There seemed to be no Brass River AAEJB00 113.16–113.20 113.160 -0.550 AAGXV00 -1.90/-1.94 -1.920 -0.180 demand for these grades,” said one trader. Another Angola spot crude assessments ($/barrel) (PGA page 1232) trading source noted that appetite for the burning Mid Change Spread vs fwd Dated Brent Mid Change grades has weakened as Japan -- one of the main Cabinda PCAFD00 115.93–115.97 115.930 -0.480 AAGXT00 1.19/1.21 1.200 -0.480 buyers of these grades -- continued to tap into its Nemba AAQYZ00 115.93–115.97 115.930 -0.480 AAQZA00 0.19/0.21 0.200 -0.480 Dalia AAQYX00 115.48–115.52 115.480 -0.180 AAQYY00 1.89/1.91 1.900 -0.240 burning crudes stock which was built over the winter Girassol AASNL00 114.92–114.96 114.920 -0.240 AASJD00 1.74/1.76 1.750 -0.240 season. In the Malaysian crudes market, programs Hungo AASLJ00 112.96–113.00 112.960 -0.480 AASJF00 1.04/1.06 1.050 -0.180 indicated that there will be five cargoes of Kikeh crudes Kissanje AASLK00 113.16–113.20 113.160 -0.550 AASJE00 -1.90/-1.94 -1.920 -0.180 -- two from Murphy, two from Petco and one from Shell. Mediterranean spot crude assessments ($/barrel) Meanwhile, the Republic of Yemen has set the Official Mid Change Spread vs fwd Dated Brent Mid Change Selling Price of Masila blend crude oil for May 2013 Azeri and BTC (PGA page 1222) at Dated Brent plus 95 cents/b. According to a press Azeri Lt CIF AAGZX00 115.93–115.97 115.930 -0.480 AAHPM00 0.19/0.21 0.200 -0.480 Azeri Lt FOB AALWD00 115.48–115.52 115.480 -0.180 AALWF00 1.89/1.91 1.900 -0.180 release, the price was set according to the highest Azeri Lt FOB 80KT AATHM00 114.92–114.96 114.920 -0.240 AATHN00 1.74/1.76 1.750 -0.240 bid price for a May cargo. Arcadia, the highest bidder BTC FOB Ceyhan AAUFH00 112.96–113.00 112.960 -0.480 AAUFJ00 1.04/1.06 1.050 -0.480 for Masila crude for May-loading, had sought 2 million Black Sea (PGA page 1220) barrels out of the available announced quantity of 2.1 Siberian Light CIF AAGZW00 115.93–115.97 115.930 -0.480 AAHPK00 1.19/1.21 1.200 -0.480 CPC Blend CIF AAGZU00 112.96–113.00 112.960 -0.480 AAHPL00 1.04/1.06 1.050 -0.480 million barrel, it said. The remaining 100,000 barrels CPC Blend FOB AALVX00 112.96–113.00 112.960 -0.480 AALVZ00 1.04/1.06 1.050 -0.480 will be differed to the June 2013 round. Meanwhile, CPC FOB 80KT AAOFV00 112.96–113.00 112.960 -0.480 AAOFW00 1.04/1.06 1.050 -0.480 the republic has also set the OSP for May 2013 Marib Kumkol AAHMP00 112.96–113.00 112.960 -0.480 AALOW00 1.04/1.06 1.050 -0.480 Light crude oil at parity to Dated Brent. It added the Middle East & North Africa (PGA page 1234) Suez Blend PCACA00 112.96–113.00 112.960 -0.480 AAGYD00 1.04/1.06 1.050 -0.480 Aden Refinery Company -- Yemen’s national refiner -- Es Sider PCACO00 112.96–113.00 112.960 -0.480 AAGYH00 1.04/1.06 1.050 -0.480 will purchase the entire available quantity. Elsewhere, Kirkuk AAEJD00 112.96–113.00 112.960 -0.480 AAGYF00 1.04/1.06 1.050 -0.480 the market was still awaiting the results of sweet crude Iranian Light (Sidi Kerir) PCABI00 112.96–113.00 112.960 -0.480 AAGXZ00 1.04/1.06 1.050 -0.480 Iranian Heavy (Sidi Kerir) PCABH00 112.96–113.00 112.960 -0.480 AAGYB00 1.04/1.06 1.050 -0.480 tenders from Indonesia’s Petral and India’s HPCL which Saharan Blend AAGZY00 112.96–113.00 112.960 -0.480 AAHPN00 1.04/1.06 1.050 -0.480 were due at the end of last week. Zarzaitine AAHMO00 112.96–113.00 112.960 -0.480 AALOY00 1.04/1.06 1.050 -0.480 Syrian Light FOB AAHMM00 112.96–113.00 112.960 -0.480 AALOU00 1.04/1.06 1.050 -0.480 Syrian Heavy FOB AAHMN00 112.96–113.00 112.960 -0.480 AALOV00 1.04/1.06 1.050 -0.480 North Sea MOC (PGA page 1297) Russian Urals/ESPO spot assessments ($/barrel) (PGA page 1220) May Cash BFOE was assessed at $109.48/barrel, Mid Change Spread vs fwd Dated Brent Mid Change Urals (Rotterdam) PCAFW00 115.93–115.97 115.930 -0.480 AAGXJ00 -0.25/-0.15 -0.250 -0.480 in line with three trades seen in the Platts Market on Urals (Mediterranean) PCACE00 115.93–115.97 115.930 -0.480 AAGXX00 -0.25/-0.15 -0.250 -0.480 Close assessment process. After trading twice at that Urals (Ex-Novorossiisk) AAGZS00 115.48–115.52 115.480 -0.180 AAHPH00 -0.05/0.05 -0.050 -0.240 level from Mercuria to Shell, the contract was offered Urals (Ex-Novo) FOB 80kt AAOTH00 114.92–114.96 114.920 -0.240 AAOTI00 -0.25/-0.15 -0.250 -0.240 Urals (Ex-Baltic) AAGZT00 112.96–113.00 112.960 -0.480 AAHPI00 -0.60/-0.50 -0.600 -0.180 at $109.48/b by Total before the company lowered Urals (Primorsk) AAWVH00 113.16–113.20 113.160 -0.550 AAWVI00 -0.25/-0.15 -0.250 -0.480 the offer and sold to Chevron at $109.45/b. However, Urals RCMB (Recombined) AALIN00 114.27–114.31 113.160 -0.550 ESPO (FOB Kozmino) AARWD00 114.27–114.31 113.160 -0.550 AARWE00 -0.05/0.05 -0.050 -0.550 the contract subsequently traded again at $109.48/b

Urals CFD assessments ($/barrel) from Mercuria to Arcadia, and an outstanding bid from Mid Change Spread vs fwd Dated Brent Mid Change Morgan Stanley at $109.46/b disproved the lower value. Mediterranean (PPE page 1616) A June bid at $109.96/b from Vitol which then traded Urals Med CFD (Mar) AAMDR00 112.96–113.00 112.960 -0.480 AAMDU00 1.04/1.06 1.050 -0.180 to Total proved value to be higher than the level implied Urals Med CFD (Apr) AAMDX00 112.96–113.00 112.960 -0.480 AAMEA00 1.04/1.06 1.050 -0.180 Urals Med CFD (May) UMSM003 112.96–113.00 112.960 -0.480 UMCM003 1.04/1.06 1.050 -0.180 by the May/June ICE Brent roll of $0.61/b. The contract Northwest Europe (PGA page 1618) was assessed on the trade, implying a May/June cash Urals NWE CFD (Mar) UNSM001 112.96–113.00 112.960 -0.480 UNCM001 1.04/1.06 1.050 -0.180 roll of $0.52/b. The March 25-29 CFD was assessed Urals NWE CFD (Apr) UNSM002 112.96–113.00 112.960 -0.480 UNCM002 1.04/1.06 1.050 -0.180 at May minus $0.14/b. Two earlier trades on the back Urals NWE CFD (May) UNSM003 112.96–113.00 112.960 -0.480 UNCM003 1.04/1.06 1.050 -0.180 of offers at May minus $0.15/b were disproved by an outstanding bid at this level from Total, while a later US spot crude assessments ($/barrel) (PGA pages 210 & 214) trade on an offer of May minus $0.10/b was judged to Mid Change have not tested the May minus $0.14/b level. March Mars (Mar) AAMBR00 111.59–111.61 111.600 -0.480 Mars (Apr) AAMBU00 109.46–109.48 109.470 -0.480 18-22 was assessed at May minus $0.12/b, in line Mars (May) AAMBX00 107.89–107.91 107.900 -0.480 with an interweek roll of $0.02/b heard during the day, Mars/WTI (Mar) AAGWH00 18.69/18.71 18.700 -0.480 Mars/WTI (Apr) AAKTH00 16.19/16.21 16.200 -0.480 and below an outstanding offer of May minus $0.10/b Mars/WTI (May) AAMBO00 14.19/14.21 14.200 -0.480 from Mercuria. April 1-5 was assessed at June plus WTI-Delta AAEJK00 -0.52/-0.50 -0.510 -0.480 $0.46/b, with a trade at $0.45/b being subsequently P-Plus WTI PCACI00 2.86/2.88 2.870 -0.480 P-5 WTI AAFEN00 89.34 -0.480 disproved by an outstanding bid of $0.45/b from Total. P-5 WTI is a crude oil postings based index as of 5:30 PM local New York time. Posted prices by the following companies are used in the index: Conoco, Sunoco, Plains- Given the May/June cash roll of $0.52/b, the assessed Scurlock, Link, Equiva. Mid Change Spread vs 1st line WTI Mid Change level, June plus $0.46/b, was equivalent to May minus WTI (Midland) PCACJ00 92.24–92.26 92.250 -0.480 AAGVZ00 -0.66/-0.64 -0.650 -0.180 $0.06/b. WTS (1st month) PCACK00 85.94–85.96 85.950 -0.480 AAGWB00 -6.96/-6.94 -6.950 -0.180 Eugene PCAFC00 114.44–114.46 114.450 -0.240 AAGWD00 21.54/21.56 21.550 -0.180 Bonito PCAIE00 114.34–114.36 114.350 -0.480 AAGWF00 21.44/21.46 21.450 -0.180 North Sea Key Data (PGA page 1298) SGC AASOI00 110.09–110.11 110.100 -0.480 AASOJ00 17.19/17.21 17.200 -0.180 Poseidon AABHK00 111.59–111.61 111.600 -0.480 AAGWL00 18.69/18.71 18.700 -0.180 Key data for Monday’s BFOE/Brent assessment were LLS (1st month) PCABN00 115.39–115.41 115.400 -0.480 AAGWN00 22.49/22.51 22.500 -0.180 HLS (1st month) PCABD00 116.49–116.51 116.500 -0.480 AAGWP00 23.59/23.61 23.600 -0.180 derived as follows: May cash BFOE/Brent assessed at Wyoming Sweet PCACM00 92.84–92.86 92.850 -0.480 AAGWR00 -0.06/-0.04 -0.050 -0.180 $109.48/barrel. North Sea CFD average for 10-25 days Thunder Horse AAWZK00 113.74–113.76 113.750 -0.480 AAWZL00 20.84/20.86 20.850 -0.180 out: $109.37/barrel. BNB assessment 10-25 days out: Spread vs 2nd line WTI WTS (2nd month) AAURG00 89.56–89.58 89.570 -0.180 AAURH00 -3.71/-3.69 -3.700 -0.180 NS Dated Strip plus $1.15= $110.52/barrel. Forties LLS (2nd month) AAURC00 113.76–113.78 113.770 -0.480 AAURD00 20.49/20.51 20.500 -0.180 assessment 10-25 days out: NS Dated Strip minus HLS (2nd month) AAURE00 114.86–114.88 114.870 -0.480 AAURF00 21.59/21.61 21.600 -0.180 $0.515= $108.855/barrel. Oseberg assessment 10-25 Basrah Light* AAEJH00 108.70–108.72 114.870 -0.480 AAGWV00 21.59/21.61 21.600 -0.180 * The assessment is for waterborne barrels of Iraqi Basrah light delivered into the US gulf. days out: NS Dated Strip plus $2.00= $111.37/barrel. Spread vs Eagle Ford Marker Ekofisk assessment 10-25 days out: NS Dated Strip Eagle Ford Postings Avg. AAYAH00 95.445 -0.480 AAYAI00 -19.158 -0.180 plus $1.70= $111.07/barrel. Eagle Ford Marker represents the gross product weight of a 47 API Eagle Ford crude barrel adjusted for spot values. The specific product assessments and yield percentages used to calculate the Eagle Ford Marker can be found at http://www.platts.com/MethodologyAndSpecifications/Oil. Eagle Ford Postings Average is the daily average of four posted prices for Eagle Ford crude from the following companies:Sunoco, Plains, Flint Hills, and Enterprise. North Sea Physical Market (PGA page 1299) Spread vs 1st line WTI CMA WCS ex-Cushing AAWTY00 82.33–82.43 82.380 -0.480 AAWTZ00 -11.30/-11.20 -11.250 -0.180 Bakken Blend Ex-Guernsey AASRR00 93.57–93.59 93.580 -0.480 AASRV00 -0.06/-0.04 -0.050 -0.180 The Forties differential to Dated Brent continued to Bakken Blend Ex-Clearbrook AASRU00 92.57–92.59 92.580 -0.480 AASRW00 -1.06/-1.04 -1.050 -0.180 slide Monday on the back of a lack of buying interest Bakken Blend ex-Guernsey reflects 38-40 API and 0.2% sulfur. Bakken Blend ex-Clearbrook reflects 38-40 API and 0.5% sulfur. Both grades are assessed versus calendar and several prompt offers in the market. Statoil came month average of 1st month NYMEX WTI futures at 3:15 pm ET.

California spot crude assessments ($/barrel) (PGA page 214) to the Platts MOC offering three cargoes of Forties. Mid Change Spread to cash WTI Statoil was offering a March 20-22 cargo at Dated LIne 63/Hynes PCABM00 110.47–110.51 110.490 -0.480 Brent minus $0.70/barrel or a March 22-24 cargo at Thums/Long Beach PCACD00 105.00–105.02 105.010 -0.480 Dated Brent minus $0.50/b in an order-cancels-order. Kern River PCABJ00 103.85–103.87 103.860 -0.480 P-Plus Line 63 PCAFV00 1.19/1.21 1.200 -0.480 The company was also offering a cargo loading March ANS/Long Beach PCAAD00 112.04–112.08 112.060 -0.480 AAGWX00 18.70/18.72 18.710 -0.180 26-28 at Dated Brent minus $0.15/b as a freestanding offer. Also in the MOC, Shell was offering a cargo of US domestic crude assessments London close ($/barrel) (PGA page 1240) Forties loading March 21-23 at Dated Brent minus Spread to $0.30/b. None of these offers had attracted buying Mid Change NYMEX light sweet crude Mid Change interest by the end of the MOC, with the front of the WTI (Mar) AAQAR00 92.98–93.00 92.990 -0.480 AAQAS00 -0.01/0.01 -0.010 -0.180 Forties differential curve weakening substantially. BP WTI (Apr) AAQAT00 93.29–93.31 93.300 -0.480 AAQAU00 -0.01/0.01 -0.010 -0.180 WTI (May) AAQAV00 93.74–93.76 93.750 -0.480 AAQAW00 -0.01/0.01 -0.010 -0.180 also came to the MOC offering a cargo of Forties, but Spread to withdrew before the close. Much of the weakness at same-month cash WTI Mid Change the prompt was due to an overhang of March cargoes, LLS (Mar) AAQBB00 114.22–114.26 114.240 -0.480 AAQBC00 21.24/21.26 21.240 -0.180 LLS (Apr) AAQBD00 114.13–114.17 114.150 -0.480 AAQBE00 20.84/20.86 20.840 -0.180 left behind as trading moved on to the end the month MARS (Mar) AAQAX00 109.67–109.71 109.690 -0.480 AAQAY00 16.69/16.71 16.690 -0.180 and early April. “The sentiment is more fundamentals- MARS (Apr) AAQAZ00 109.35–109.39 109.370 -0.480 AAQBA00 16.06/16.08 16.060 -0.180 based now,” one trader said. “It still looks like, in the prompt, there is a lot of spare capacity, especially America closes ($/barrel) (PGA page 210) when you look at refinery shutdowns versus crude oil Mid Change supply.” But another trader said that with the Forties Americas Dated Brent AAQBF00 114.55–114.57 114.560 -0.480 differential continuing to fall, the grade could soon Americas Dated Brent reflects market value for Dated Brent at 3:15pm Eastern Time. Value of Brent futures contracts at US MOC close. *These assessments reflect the value of futures at precisely 1:30 pm ET on the business day preceding the following holidays: Christmas Day, New Years Day, Fourth of July, and Thanksgiving Day. start to attract buying interest. “Forties keeps on trading cheaply. It will grab refiners’ attention soon... When Forties gets down to around Dated Brent minus Canadian spot crude cargo assessments ($/barrel) (PGA page 210) $0.50/b, some refiners will look to run it primarily Mid Change Spread vs fwd Dated Brent Mid Change as a sweet grade.” Part of the weakness was also Terra Nova AAJUH00 114.82–114.94 114.880 -0.480 AAJUJ00 0.70/0.80 0.750 -0.180 Hibernia AAJKK00 115.02–115.14 115.080 -0.480 AAJKM00 0.90/1.00 0.950 -0.180 attributed by traders to continued uncertainty over White Rose AAVJX00 116.42–116.49 116.455 -0.480 AAVJY00 2.30/2.35 2.325 -0.180 the long-term future of the North Sea physical crude The published spreads for Canadian cargo assessments reflect the market value at which these grades are trading versus Dated Brent around loading time. The spreads arbitrage to South Korea, following rumors Friday of and fixed price assessments reflect a typical forward loading window of 42-56 days forward. For further explanation see www.platts.com > Oil > Specifications > Crude oil specifications. possible changes to South Korea’s oil duty system. South Korean refining sources said that a meeting had been set up with the government to discuss the Canadian spot crude assessments ($/barrel) (PGA pages 230 & 232) implementation of oil duty, but did not go into details. Mid Change Spread vs Canada basis Mid Change Traders said the meeting could be linked to a rebate Lloyd Blend AALRK00 68.78–68.88 68.830 -0.180 AALRP00 -24.85/-24.75 -24.800 -0.180 Mixed Sweet AALRR00 87.83–87.93 87.880 -0.180 AALRV00 -5.80/-5.70 -5.750 -0.180 on oil product export duty received when refiners Light Sour Blend AALRX00 87.08–87.18 87.130 -0.180 AALSD00 -6.55/-6.45 -6.500 -0.180 export oil products derived from crude oil on which Midale AAUCC00 82.28–82.38 82.330 -0.180 AAUCE00 -11.35/-11.25 -11.300 -0.180 Condensates AALSF00 104.63–104.73 104.680 -0.180 AALSJ00 11.00/11.10 11.050 -0.180 duty had already been paid. In this climate, even Syncrude Sweet AASOK00 95.58–95.68 95.630 -0.180 AASOM00 1.95/2.05 2.000 -0.180 factors which could potentially be viewed as somewhat WCS Hardisty AAPPN00 69.03–69.13 69.080 -0.180 AAPPP00 -24.60/-24.50 -24.550 -0.180 supportive of Forties value were seen negatively. The Cold Lake Hardisty AASZX00 68.28–68.38 68.330 -0.180 AASZZ00 -25.35/-25.25 -25.300 -0.180 return of Total’s Elgin-Franklin complex of fields after

Daily Canadian crude posting averages (PGA page 253) 12 months of shutdown promised to improve Forties C$/cu m Mid Change $/barrel Mid Change quality through the addition of substantial light sweet Par Crude PCAEZ00 543.67–545.67 544.670 -0.480 PCAEJ00 84.21–84.52 84.210 -0.480 streams. However, traders saw the development as Mixed Light Sour PCAFA00 543.67–545.67 544.670 -0.480 PCAEL00 70.16–70.47 70.160 -0.480 potentially depressing values, due to additional volume Bow River/Hardisty PCAEY00 543.67–545.67 544.670 -0.480 PCAFB00 56.77–57.08 56.770 -0.480 Light/Sour Cromer PCAII00 543.67–545.67 544.670 -0.480 PCAIK00 88.21–88.52 88.210 -0.480 and less interest from South Korean buyers for sweeter Sour – Edmonton PCAIM00 543.67–545.67 544.670 -0.480 PCAIO00 79.84–80.15 79.840 -0.480 grades. “Some say that the Elgin-Franklin return has Midale Cromer PCAIQ00 543.67–545.67 544.670 -0.480 PCAIS00 78.30–78.61 78.300 -0.480 been priced in, but people don’t always react until they see something operational,” one trader said. Latin American assessments ($/barrel) (PGA page 280) “Directionally, it will make Forties sweeter, but it will Diff to Diff to Futures Diff to Dated add...cargoes and make it less attractive to South Mid Change WTI strip Brent strip Brent strip Escalante PCAGC00 100.55–100.67 100.610 +1.500 PCAGO00 13.900 AAXBS00 18.050 AAXAX00 16.400 Korea. It is more bearish than bullish.” Another trader Roncador AAQTL00 99.55–99.67 99.610 +1.500 AAQTK00 12.900 AAXBT00 10.350 AAXAY00 15.900 said: “If you’re looking at the South Korean arbitrage, Santa Barbara AAITD00 104.70–104.82 104.760 +1.500 AAITJ00 18.050 AAXBU00 10.150 AAXAZ00 13.900 then the improvement of quality is not so great. If there Loreto PCAGH00 97.00–97.12 97.060 +1.500 PCAGQ00 10.350 AAXBV00 6.650 AAXBG00 12.900 Oriente PCADE00 96.80–96.92 96.860 +1.500 PCAGU00 10.150 AAXBW00 7.350 AAXBH00 18.050 is no arbitrage, then Forties will have to price for sale Napo AAMCA00 93.30–93.42 93.360 +1.500 AAMCD00 6.650 AAXBX00 11.400 AAXBI00 10.350 in NWE.” One advancement was heard during the day, Marlim AAITF00 94.00–94.12 94.060 +1.500 AAITL00 7.350 AAXBY00 10.900 AAXBJ00 10.150 with Shell’s Forties parcel F0309 confirmed changed Castilla Blend AAVEQ00 98.05–98.17 98.110 +1.500 AAVEQ01 11.400 AAXBZ00 17.400 AAXBK00 6.650 Magdalena AAWFR00 97.55–97.67 97.610 +1.500 AAWFS00 10.900 AAXCA00 16.400 AAXBL00 7.350 to March 21-23. The ubiquitous cargo had previously Vasconia PCAGI00 103.05–103.17 103.110 +1.500 PCAGR00 16.400 AAXCB00 13.900 AAXBN00 10.900 been scheduled to load on March 23-25, prior to Mesa 30 AAITB00 102.55–102.67 102.610 +1.500 AAITH00 15.900 AAXCC00 12.900 AAXBO00 17.400 which it had also been due to load on March 14-16

Latin America WTI strip AAXBR00 104.110 +1.500 and on March 18-20. The cargo is currently with Shell. Latin America Futures Brent strip AAXBQ00 103.110 +1.500 Meanwhile, the Forties parcel F0404, Chevron equity, Latin America Dated Brent strip AAXBP00 102.610 +1.500 was kept from chains by BP. The cargo is currently due to load on April 5-7. Platts euro-denominated assessments (Euro/barrel) (PGA page 1252) Mid Change West Africa (PGA page 1294) European crude oil benchmarks Dated Brent AAPYR00 85.780–85.790 85.785 -0.480 The Angolan April program continued to have the one Urals (Mediterranean) AAPYS00 83.470–83.520 83.495 -0.480 remaining cargo, sources said Monday. The Dalia April US crude oil benchmarks 27-28 cargo is still unsold and traders said it was WTI (Apr) AAPYT00 70.750–70.760 70.755 -0.480 Mars (Apr) AAPYU00 83.200–83.230 83.215 -0.480 struggling to find buyers. Dalia got off to a very strong Euro/US$ forex rate: 1.3103. Platts Euro denominated crude oil assessments are based on market values and a Euro/US$ forex rate at 4:30 PM local London time. start for April, with six of the seven cargoes selling quickly in the space of four to five days but the last Ruble-denominated Russian assessments (Rubles/barrel) (PGA page 1224) cargo is still unsold on the back of higher values and reduced demand. “The first few cargoes sold very fast Mid Change for Dalia but values have shot up and now the last cargo Russian crude oil benchmarks Urals FOB Novorossiysk AAUJP00 3300.710–3302.540 3301.625 -0.480 is not attracting much interest because of the price,” Urals FOB Ventspils AAUJQ00 3309.260–3311.100 3310.180 -0.480 a source said. Angolan heavy crude oil Dalia jumped Urals FOB Novorossiysk 80kt AAUJR00 3297.050–3298.880 3297.965 -0.480 close to a three-and-a-half month high last week when Urals CIF Mediterranean AAUJS00 3341.030–3342.870 3341.950 -0.480 Urals CIF Rotterdam AAUJT00 3340.120–3341.950 3341.035 -0.480 it was assessed at Dated Brent minus $1.55/barrel on US$/Ruble forex rate: 30.5480. Platts Ruble denominated crude oil assessments are based on market values and a US$/Ruble forex rate at 4:30 PM local London time. March 5. But since then values have weakened on the

Platts CAD-denominated Canada spot crude assessments (C$/cu m) (PGA page 232) back of reduced demand. Dalia was assessed at Dated Mid Change Brent minus $1.75/b, down $0.05/b from Friday. On the Lloyd Blend AALRM00 444.070–444.710 444.390 -0.480 fixtures side, sources said the Suezmax Yasa Southern Mixed Sweet AALRT00 567.060–567.710 567.385 -0.480 Cross was fixed at Worldscale 57.5 on an Angola to Light Sour Blend AALRZ00 562.220–562.860 562.540 -0.480 Midale AAUCD00 531.230–531.870 531.550 -0.480 Portugal voyage carrying 1 million barrels of Plutonio Condensates AALSH00 675.530–676.170 675.850 -0.480 for April 2 loading dates. Shipbrokers also said a cargo Syncrude Sweet AASOL00 617.150–617.740 617.420 -0.480 WCS Hardisty AAPPO00 445.680–446.330 446.005 -0.480 containing 950,000 barrels of Bonga was looking for a Cold Lake Hardisty AASZY00 440.840–441.480 441.160 -0.480 ship to travel from Nigeria to Abidjan on the Ivory Coast. On Nigeria, trading activity was on the slow side, but Daily US$ vs EURO exchange rate (PGA page 1151) results of some tenders were due which was keeping the Mid Change market occupied. “The market is not very active at the February 1 AAFCW00 1.3103 -0.480 moment. We have less than ten cargoes out there, and Asia close Brent and WTI spot assessments ($/barrel) (PGA page 2210) [it] looks like values will come down if these cargoes are Mid Change not sold soon,” said a trader. Indian refiner HPCL picked Brent (Mar) PCAJE00 114.45–114.49 114.470 -0.480 up two cargoes as part of its tender for April 1-10 loading Brent (Apr) PCAJG00 113.40–113.44 113.420 -0.480 Brent (May) PCAJI00 112.58–112.62 112.600 -0.480 dates. Sources said HPCL picked up a 950,000 barrel WTI (Apr) AAFFU00 92.98–93.02 93.000 -0.480 cargo of Qua Iboe from BP and 950,000 barrels of Brass WTI (May) AAFFW00 93.39–93.43 93.410 -0.480 River from Vitol as part of the tender. Trading sources at WTI (Jun) AAFFY00 93.75–93.79 93.770 -0.480 both Vitol and BP were unavailable for comment. Sources Oman OSPs and derivatives ($/barrel) (PGA page 2210) said results of the BPCL tender were due by Tuesday Mid Change while the Pertamina tender would be awarded later in the Oman/Dubai Swap (Mar) AAIHJ00 -0.01/0.03 0.010 -0.480 week. “The cargoes that are left may suffer a little but Oman/Dubai Swap (Apr) AAIHL00 -0.01/0.03 0.010 -0.480 Oman/Dubai Swap (May) AAIHN00 -0.01/0.03 0.010 -0.480 the prices are still fairly high compared to a month ago. Oman cash/OSP (Apr) PCABT00 -2.81/-2.70 -2.755 -0.480 However, there is not much WAF crude going to Europe Oman Swap (Mar) AAHZP00 108.63–108.67 108.650 -0.480 for April...and we still have loading delays for some Oman Swap (Apr) AAHZR00 108.43–108.47 108.450 -0.480 Oman Swap (May) AAHZT00 107.93–107.97 107.950 -0.480 Nigerian grades,” said another trader.

Daily OPEC Basket Price ($/barrel) (PGA page 207) Mediterranean Light/Sweet (PGA page 1295) Mid Change February 1 AAEUQ00 110.10 -0.480 Algerian Saharan Blend differentials edged higher to a near two-month high Monday, on steady demand and high values on peer naphtha-rich regional grades. Platts Volume 34 / Issue XX / Month d, 2013 CRUDE OIL MARKETWIRE assessed Saharan FOB Algeria up $0.02/b to Dated Editorial: Esa Ramasamy, Editorial Director, Americas Oil: +1-713-658-3292, Sharmilpal Kaur, Associate Editorial Director, Americas PFC, Crude and Residual Fuel Brent plus $0.47/b, the strongest since January 18. +1-713-655-2270 “Saharan is following WAF a bit,” a market source said, Client services information: North America: 800-PLATTS8 (800-752-8878); direct: +1-212-904-3070 Europe & Middle East: +44-20-7176-6111 Asian Pacific: +65-6530-6430 Latin America: +54-11-4121-4810, E-mail: [email protected] referring to Nigeria’s Agbami, which is often seen as a Copyright © 2013 The McGraw-Hill Companies. All rights reserved. No portion of this publication may be photocopied, reproduced, retransmitted, put into a computer fungible grade with Saharan Blend. April Agbami sold system or otherwise redistributed without prior written authorization from Platts. Platts is a trademark of The McGraw-Hill Companies Inc.Information has been obtained from sources believed reliable. However, because of the possibility of human or mechanical error by sources, McGraw-Hill or others, McGraw-Hill does not guarantee the out immediately to shoot higher in late-February/early- accuracy, adequacy or completeness of any such information and is not responsible for any errors or omissions or for results obtained from use of such information. See back of publication invoice for complete terms and conditions. March, resulting in the widest spread since mid-2012 between the two grades. Agbami has since been drifting,

but Saharan has steadily risen, climbing for 10 straight Futures Settlements trading days, narrowing that spread. Global demand, too, Settlement Change Low High Volume Open interest PNT*** has been steady for the grade. Canada, for instance, NYMEX Light Sweet crude ($/barrel) (PGA page 705) took four February cargoes of Saharan Blend, with the Apr 13 NMCL001 92.06 +0.11 90.89 92.15 219961 175175 May 13 NMCL002 92.52 +0.09 91.36 92.62 89654 244745 fourth nearing its Portland, Maine destination Monday, Jun 13 NMCL003 92.87 +0.08 91.74 92.96 53113 172511 terminus of the US-Canada crude line. The US took a Jul 13 NMCL004 93.08 +0.07 91.99 93.16 20015 126314 Total NMCL000 510994 XNCLP00 26799 mid-February cargo, which arrived over the weekend on ICE Brent ($/barrel) (PGA page 704) the US Gulf Coast. Brazil and China, too, picked up some Apr 13 ICLL001 110.22 -0.63 109.53 110.72 244910 133571 Saharan in February. That wide-ranging appetite for the May 13 ICLL002 109.69 -0.54 109.02 110.10 244463 326363 Jun 13 ICLL003 109.11 -0.47 108.43 109.43 209320 204882 Algerian grade is expected to continue, sources said. This Jul 13 ICLL004 108.51 -0.44 107.83 108.81 59424 97688 interest occurs despite naphtha cracks that saw a marked Total ICLL000 993467 XILLP00 39739 downturn in February and March. The crack has risen in ICE Brent NX ($/barrel) (PGA page 704) May 13 ICBN001 109.79 -0.54 109.79 109.79 0 10 recent days. “Naphtha has not been doing so bad; it’s Jun 13 ICBN002 109.21 -0.47 109.21 109.21 0 6 average for the period,” a market source said. The relative Jul 13 ICBN003 108.62 -0.44 108.62 108.62 0 0 Aug 13 ICBN004 108.03 -0.44 108.03 108.03 0 0 strength of Saharan Blend can be seen in its spread to Total ICBN000 0 other regional light grades. Sahara’s premium to Kazakh ICE WTI ($/barrel) (PGA page 704) CPC Blend, for instance, is its greatest since June 14, Apr 13 ICIC001 92.06 +0.11 90.89 92.15 44712 60339 May 13 ICIC002 92.52 +0.09 91.40 92.60 21030 54379 and to Russia’s Siberian Light since April 25. Both CPC Jun 13 ICIC003 92.87 +0.08 91.78 92.96 16665 74109 Blend and Saharan Blend nudged up $0.01/b Monday, on Jul 13 ICIC004 93.08 +0.07 92.05 93.09 5523 42589 improved cracks, though demand for both grades remains Total ICIC000 118545 XIICP00 4563 ICE Middle East Sour crude ($/barrel) (PGA page 704) tepid. CPC Blend saw recent additional injections into its May 13 ICOQ001 106.36 +0.85 106.36 106.36 0 0 March program, right ahead of the emergence of the April Jun 13 ICOQ002 106.21 +0.50 106.21 106.21 0 0 Jul 13 ICOQ003 105.68 +0.33 105.68 105.68 0 0 program, which is expected Tuesday. In all, one Aframax- Aug 13 ICOQ004 105.18 +0.25 105.18 105.18 0 0 and two Suezmax-sized vessels were heard added to the Total Volume ICOQ000 0 XIOQP00 March CPC program, adding length to an already long ICE BWAVE ($/barrel) (PGA page 704) Apr 13 XIBW001 110.23 program. Also heading higher was Azeri Light, up $0.05/b May 13 XIBW002 109.60 after the Azerbaijani grade ended the previous week at DME Oman crude ($/barrel) (PGA page 2710) a one-month low. Demand had tapered off among some May 13 XDOA001 106.36 -0.25 2549 May 13 DMOQ001 106.18 -0.72 105.75 106.73 2590 6343 steady buyers for end-of-quarter inventory issues. But with Jun 13 DMOQ002 106.16 -0.59 106.15 106.48 72 449 Platts assessment window for Azeri firmly in April in the Jul 13 DMOQ003 105.61 -0.61 105.58 105.67 69 523 Aug 13 DMOQ004 105.14 -0.58 105.14 105.14 55 317 second quarter of the year, “there’s no more constraints,” Total Volume DMOQ000 6063 XDOQP00 3250 a market source said. Also helping the grade is a solid NYMEX No.2 heating oil ($/gal) (PGA page 705) rebound in gasoil and diesel cracks. Apr 13 NMHO001 2.9691 -0.0058 2.9550 2.9829 52336 69211 May 13 NMHO002 3.0753 +0.0079 3.0525 3.0805 31876 67874 Jun 13 NMHO003 3.0527 +0.0085 3.0328 3.0581 20604 42471 Mediterranean Sour (PGA page 1296) Jul 13 NMHO004 3.0403 +0.0100 3.0194 3.0444 12089 29764 Total NMHO000 151350 XNHOP00 13631 NYMEX RBOB unleaded gasoline ($/gal) (PGA page 705) Northwest European Urals differentials shot higher Apr 13 NMRB001 3.1524 -0.0511 3.1355 3.2672 60676 89984 than those in the Mediterranean for the first time May 13 NMRB002 3.1429 -0.0406 3.1220 3.2445 47774 84937 this year Monday, amid the emergence of northern Jun 13 NMRB003 3.1010 -0.0279 3.0747 3.1855 33968 40798 Jul 13 NMRB004 3.0511 -0.0190 3.0227 3.1178 19667 29968 buying interest. Platts assessed Urals CIF Rotterdam Total Volume NMRB000 196321 XNRBP00 7262

up $0.37/barrel to Dated Brent minus $2.38/b, Futures Settlements and Urals CIF Augusta down $0.05/b to Dated Brent Settlement Change Low High Volume Open interest PNT*** minus $2.40/b, placing Mediterranean barrels at NYMEX Natural Gas ($/MMBtu) (PGA page 705) a $0.02/b discount to those in the NWE market. Apr 13 NMNG001 3.649 +0.020 3.590 3.652 111059 173776 Though NWE Urals is historically stronger than May 13 NMNG002 3.689 +0.016 3.632 3.692 73217 248671 Jun 13 NMNG003 3.734 +0.016 3.681 3.736 29015 60890 Urals in the Mediterranean, it is not uncommon Jul 13 NMNG004 3.787 +0.017 3.734 3.787 26468 109933 for the relationships to flip. Such was the case for Total Volume NMNG000 364251 XNNGP00 13417 much of February and March 2012, and was last ICE gasoil ($/mt) (PGA page 704) Mar 13 ICLO001 925.00 +0.50 921.75 928.50 33693 18953 seen November 2. During Platts Market On Close Apr 13 ICLO002 927.50 +1.00 924.25 931.25 95253 134111 assessment process, Totsa bid for a 100,000 mt cargo May 13 ICLO003 926.25 +1.50 923.00 929.50 53436 75961 Jun 13 ICLO004 923.50 +2.00 920.00 926.50 39577 68390 of Urals, CIF Rotterdam, Primorsk-only, loading March Total Volume ICLO000 280280 XILOP00 10602 24-28, at Dated Brent minus $2.35/b. Placing that ICE low sulfur gasoil ($/mt) (PGA page 704) bid within a backwardated structure of $0.015/day, Mar 13 ICLS001 953.00 +1.50 953.00 953.00 349 402 Apr 13 ICLS002 952.75 +1.50 952.75 952.75 191 527 resulted in an average curve during the March 21-April May 13 ICLS003 949.25 +1.75 949.25 949.25 0 166 5 assessment window of $2.38/b. Roughly 8-10 Jun 13 ICLS004 947.00 +1.75 947.00 947.00 0 210 Total Volume ICLS000 540 XILSP00 0 cargoes were heard still available in the March Baltic *Volume and open interest reflect prior trading day. PNT reflect volume for Privately Negotiated Trades or off-exchange. **Oman settlements are Post Close settlements. Sea loading programs. “Quite a few number of cargoes, ***Privately Negotiated Trade values found on PGA page 710 I will say,” a market source said. Urals refining margins have improved with the recent drop in Brent futures, Futures at Platts’ Market on Close ($/barrel) (PGA page 703) which may have increased demand among northern Singapore* London* Houston* Singapore* London* Houston* refiners, sources said. “Economically, it makes sense ICE Brent NYMEX WTI to run [Urals],” a source said. In the Mediterranean Apr XILLA01 110.38 AAYES00 109.90 AAQBG00 110.03 M1 XNCLA01 91.64 AASCR00 91.35 NYCRM01 91.87 market, however, bearish fundamentals prevailed at the May XILLA02 109.38 AAYET00 109.39 AAQBH00 109.48 M2 XNCLA02 92.10 AASCS00 91.80 NYCRM02 92.34 start of the week. The March program out of the Black Jun AAXZY00 108.78 AAXZZ00 108.88 M3 NYCRM03 92.69 Jul AAYAM00 108.17 AAYAL00 108.27 M4 NYCRM04 92.90 Sea had been heard whittled down to one Aframax- ICE Brent NX Oman sized vessel, and roughly three or four Suezmax-sized May AAXZL00 109.44 May XDOA001 106.36 vessels. “Those are difficult to place,” a market source Jun AAXZM00 108.83 Volume XDOAV01 2549 said of the larger cargoes. In addition, a narrowing of Jul AAXZN00 108.22 *Singapore and London MOC close at precisely 16:30 local time while Houston the backwardated crude structure has drawn to the Aug AAYAP00 107.62 MOC closes at precisely 14:15 local time. MOC times are usually earlier on the day preceding major local holidays. Mediterranean a slew of cheaper crudes, sources said, “There is so much crude around,” a source with a European refiner said. Also exerting pressure on US MOC Commentary (PGA pages 291 & 287) Light Louisiana Sweet crude was assessed at cash WTI the region’s crudes was Iraq’s official selling price, plus $20.30/b, 53 cents lower. The Heavy Louisiana which emerged over the weekend, and saw prices on No activity in MOC window today. Sweet differential fell 53 cents as well, and was Kirkuk into Europe fall $1.10 to a $3.65/b discount. assessed at April NYMEX crude futures plus $21.00/b. “It is something that had to be done, but they did the US Gulf Coast (PGA pages 290 & 292) The Eugene Island crude differential was assessed minimum discount,” a source said of the OSP. “Urals 85 cents lower at April NYMEX plus $17.75/b. Bonito is now the expensive alternative.” Kirkuk loading delays US sweet crude differentials mostly were lower Monday, was assessed at April NYMEX plus $17.65/b, down have been hovering around a day or two. “[That’s] as the Brent/WTI spread narrowed 75 cents to $18.16/ 85 cents. WTI-Midland was assessed at April NYMEX acceptable...not impossible to manage,” a source said. barrel as of the Platts 3:15 p.m. EST assessment. April minus 35 cents/b, up 8 cents. The Bakken-at-Clearbrook

differential was 5 cents higher Monday, assessed at Subscriber notes (PGA page 1500) the calendar-month average of NYMEX light sweet crude (WTI CMA 1st month) minus 70 cents/b, after trading at Effective March 1, 2013, the sulfur de-escalator to be applied the 60-second period prior to the close of the MOC at WTI CMA minus 75 cents/b and then was bid there. The in Forties cargoes and related instruments in the Platts 16:30:00 Singapore time. For comments or questions North Sea assessment process will be $0.35/barrel per 0.1% please contact [email protected] and pricegroup@ Bakken-at-Guernsey differential moved 5 cents higher weight of sulfur over the 0.6% wt standard, $0.05/b up from platts.com. Platts confirms that it will remove the with its counterpart to be assessed at WTI CMA plus 80 the current de-escalator value of $0.30/b, which has been in 16:29:00 Singapore time (0829 GMT) cut-off point for cents/b. Sour crude markets were traded lower Monday place since February 1, 2013. The de-escalator should apply final bids and offers in the Market on Close assessment as the April ICE Brent/NYMEX crude spread narrowed to cargoes loading from March 1, 2013. Platts has revised process for Middle Eastern crude oil partial spreads and 75 cents to $18.16/barrel as of the Platts 3:15 p.m. the de-escalator in light of the increased differential between cargoes of Oman, Dubai and Upper Zakum. This freeze EST assessment. Mars was assessed at NYMEX April low- and high-sulfur products, as well as other indicators in will be removed with effect from March 1, 2013. Platts crude plus $15.40/b, down 60 cents. The Mars April/ the market, including the difference in value between North originally proposed this change on January 7. Please send May spread was $2.15/b Monday, 20 cents wider Sea crudes and comparable heavy, sour crudes like Urals. all further comments or questions to asia_crude@platts. than Friday. Poseidon was assessed 15 cents higher A rationale for this decision shall shortly be available on com and [email protected]. Platts website, www.platts.com Platts guidelines for its sulfur than Mars, or NYMEX April crude plus $15.55/b, 64 Following continued feedback and engagement since de-escalator use three significant figures for determination cents lower than the previous day. West Texas Sour 2011, Platts confirms its plans to move in March 2015 to of sulfur-related payment. The test reflecting this figure was assessed at NYMEX April crude minus 70 cents/b, full month-ahead assessment processes for its North Sea should be the ASTM-D2622. Forties cargoes and all related 43 cents higher than Friday. Southern Green Canyon Dated Brent, cash Brent (BFOE) and related markets. Platts instruments, including BFOE cash forwards, bid or offered has been consulting with the industry over the need to was assessed at NYMEX March crude plus $13.50/b, through the Platts system must adhere to this standard. modify calendars from the existing 25-day structure to a down 15 cents from Friday and $1.90 below Mars. SGC In addition, Platts will publish the sulfur de-escalator, full month-ahead structure, to reflect a continued trend set the value for the Platts Americas Crude Marker at representing the dollar value per 0.1% weight of sulfur, towards farther-forward trading in the physical markets. $105.37/b, down 11 cents. in its crude oil publications. Please send comments to The affirmation of a month ahead timing structure means [email protected] and [email protected]. Effective that March cash Brent 2015 BFOE would last be assessed (PGA page 294) March 5, 2013, Platts will use the Eagle Ford Light postings US West Coast on January 30, 2015. Dated cargoes would follow the same from Plains All American for its daily average of Eagle Ford structure, with Platts considering in its assessment process postings which also comprise postings from Sunoco, Flint The Alaska North Slope differential was assessed 10 dated cargoes loading in March 2015 onwards where the Hills, and Enterprise. This daily average is called Eagle Ford cents higher on Monday at the calendar month average seller would provide the buyer with a full month notice of Postings Average, and provides a basis for comparison to the of NYMEX light sweet crude (WTI CMA) plus $17.08/b, the loading laycan. Please send all comments to europe_ Eagle Ford Marker. Platts is also publishing the differential in part based on the difference between the swaps [email protected] and [email protected] Platts requests between the Eagle Ford Postings Average and the Eagle Ford feedback on a proposal to potentially adjust the timings spread at the NYMEX crude settlement and the Platts Marker. The Eagle Ford Marker and Eagle Ford Postings reflected in its Brent crude oil assessment processes to a assessment of that front-month contract at 3:15 p.m. Average is published in Platts Market Data, Crude Oil 45-days-ahead structure in the year 2020. Platts currently EDT. A Suezmax-sized cargo of crude oil chartered Marketwire, North American Crude Wire, Oilgram Price assesses Dated Brent and related instruments using a 25-day by BP will be loading in the Arab Gulf on March 20 Report, and Platts Global Alert pages 214 and 260. structure, and has confirmed that this will evolve to a full and delivering to the US West Coast, according to Following feedback to its January 7, 2013 proposal, month-ahead structure in 2015. These developments, as sources. The San Joaquin Valley Light differential was Platts will shorten the time in which an extension is well as the proposed move to a 45-day structure, align assessed flat at minus 5 cents/b to Buena Vista triggered in the Market on Close assessment process for with the evolution of North Sea supply trends towards the postings. The San Joaquin Valley Heavy differential was Dubai, Oman, Upper Zakum partials, partial spreads and trading of cargoes with longer lead times ahead of loading. also unchanged at plus 65 cents/b to Midway Sunset cargoes to any price move or a rebid/re-offer occurring Platts recognizes the need to provide clarity in various long- postings. WTI CMA reflects the average of the front- in the last 10 seconds prior to the close of the MOC at term calendars as Brent liquidity extends further into the month NYMEX light sweet crude values at 3:15 p.m. 16:30:00, effective March 1, 2013. Currently an extension future. Please send all comments to europe_crude@platts. Eastern time for the month of injection. is triggered by any price move or a rebid/re-offer in com and [email protected]

Canada (PGA pages 296 & 298) Subscriber notes (PGA page 1500)

Canadian East Coast crudes were unchanged Monday, Following extensive consultation, Platts plans to amend value. Platts is pleased to note a wide general area of with no new information heard and the market awaiting the full cargo size reflected in its Dubai, Oman and convergence, reflecting deep engagement over the past Upper Zakum crude oil spot price assessment process to 18 months. Comments were naturally varied, but all the release of the official May loading schedule. White 500,000 barrels with effect from November 1, 2013. The reflected the need to enable further alternative deliveries Rose was assessed at Dated Brent plus $2.70/b, where proposed change in cargo size would therefore take effect into the Brent system using an escalator system with broad it was heard to trade Friday. Hibernia was assessed at for cargoes loading in January 2014 onwards. Currently, acknowledgment that the earliest the escalators should Dated Brent plus $1.45/b. Terra Nova was assessed the cargo size of Dubai, Oman or Upper Zakum used in apply would be for crude oil delivered from June 2013 at Dated Brent plus $1.25/b. The Western Canadian Platts? assessment process is typically 475,000 barrels. onwards. In its initial review of comments from market Select at Hardisty cash differential strengthened by Partial cargoes, trading in lots of 25,000 barrels each, stakeholders, Platts notes there is a spectrum of ideas on $1.50/barrel Monday to be assessed over the calendar- currently converge into a full physical cargo when a 19th the crude grades, time spans and percentages proposed month average of NYMEX light sweet crude (WTI CMA) partial is traded between a single buyer and a single seller. to be used to determine escalators. Some participants minus $20/b for the first time since October, according The seller declares the grade of crude to be delivered have expressed full support for either of the versions to Platts data. WCS at Hardisty was heard to trade at immediately upon full convergence. Under Platts? revised publicly available or have offered slight modifications, WTI CMA minus $18.50/b, where it was assessed. The methodology, a 500,000-barrel cargo would require but all seem largely agreed on the general concepts. For 20 partials for physical delivery instead of the current instance, participants are agreed on the concept of using last time the benchmark for the heavy, sour Canadian 19-partial system. Operational tolerance will remain as market assessments to determine the escalators. Some have crudes was assessed over the WTI CMA minus $20/b currently practiced and defined under Platts’ methodology proposed using crude differentials prevailing at month of mark was October 22 when it was assessed at WTI as 1,000 barrels maximum. This proposal was first delivery, to two months prior or versions encompassing up CMA minus $19.25/b, and is the highest it has been announced on August 14, 2012, and reflects the evolution to four months prior. Market participants are also agreed assessed since October 17 when it was WTI CMA minus in volume standards for Middle East crude oil loadings on the need for Platts to issue its new editorial assessment $15.75/b, according to Platts data. WCS at Hardisty has where current deliveries of a cargo size of 500,000 barrels standards soon, as markets trade crude for forward added $9 since March 1 when it was assessed at WTI typically occur with a minor operational tolerance of delivery and any change should consider those timelines. CMA minus $27.50/b. The heavy crude’s strength stems 1,000 barrels. Please send comments or queries to asia_ Platts thanks all interested parties for the thought and from higher demand due to traders being caught short, [email protected] and [email protected]. work put into comments in this review. Please send any remaining questions or comments to oilgroup@platts. sources said. Also contributing to the higher differentials The Platts consultation period on its proposal to use com and [email protected]. Platts will continue are the uncertainty regarding the start-up of Imperial escalators in all its assessments related to Dated Brent to reflect existing editorial standards in its BFOE Brent Oil’s 110,000 b/d Kearl project, talk of a Canadian oil closed March 10, 2013. Platts is now analyzing all cash assessments. While the industry may be exploring sands producer having issues at its mining operations comments with an aim to announce escalator-related alternative concepts, including the possible introduction changes to its assessment process on Friday, March 15 at 5 recently and more demand at the NYMEX delivery point of escalator mechanisms within BFOE, Platts’ assessments p.m. London time. Platts thanks participants who offered in Cushing, Oklahoma, with more heavy Canadian crude shall not reflect escalators until a formal methodology verbal and written comment on its public subscriber traveling down Enbridge Partners’ and Enterprise Product change has been proposed, announced, reviewed with notice published February 18, 2013, and also wishes Partners’ 400,000 b/d Seaway Pipeline to refineries on all interested stakeholders, and formally implemented. to acknowledge the broad interest and questions that the Gulf Coast, sources said. The Syncrude differential Platts will only publish BFOE bids, offers and intentions of surfaced in many regions of the world. Platts has been rose 40 cents on an uptick in demand as it was heard to interest to trade that reflect existing BFOE standards. Please working in a consultative manner with the industry and send any questions or comments to [email protected] trade at WTI CMA plus $6.40/b, where it was assessed. many other stakeholders in a multi-year process to adapt and [email protected]. The condensate differential was 5 cents lower at WTI its editorially based assessment process to the natural CMA plus $9/b. The WCS at Cushing assessment was changes in the North Sea and global trading markets. Platts Effective March 1 and following a period of industry unchanged at WTI CMA minus $10.75/b. The Mixed is clear in its goal, which is to assess crude oil markets in consultation, Platts will amend the timing guidelines Sweet differential was 10 cents higher at WTI CMA a manner that recognizes evolving natural market forces for European Brent contracts for difference prices and minus $3/b after it traded there. The Light Sour Blend and to publish prices that are clearly reflective of market rolls in the Market on Close assessment processes hosted

assessment was flat at WTI CMA minus $5.25/b, where Subscriber notes (PGA page 1500) it traded. Midale rose $2.80 to be assessed at WTI CMA minus $8/b, where it traded. Cold Lake rose $2 to be within the eWindow environment. Under these timings, Platts publishes its daily crude Yields and Netbacks on assessed at WTI CMA minus $19.75/b, and Lloyd Blend Platts will accept price changes on bids and offers for Platts Global Alert (pages 801-803, 810, 820, 821, 831, CFDs until 16:28:00 London time. This change will not 848, 849, 1810, 1811, 2810, 2811) and in the Crude Oil moved higher with WCS at Hardisty to be assessed at apply to indications sent to a Platts editor for publication Marketwire. The weekly Feeder Crude Table is published WTI CMA minus $18.75/b. in the MOC but outside the eWindow grid. In the on Platts Global Alert (804-807, 811, 822, 823, 832, past, Platts accepted price changes for publication until 833, 843, 844, 1812, 1813, 1821, 2812, 2813) and in the Latin America (PGA page 288) 16:25:00 London time. All indications will still expire for Oilgram Price Report. Please send all further comments assessment at 16:30:00 London time as normal. Please and queries to [email protected] and pricegroup@platts. Pluspetrol will sell 380,000 barrels, plus or minus send comments and questions to europe_crude@platts. com. Under Platts Market on Close assessment guidelines, 10%, of Peruvian Loreto this week through a tender. com with a CC to [email protected]. Following commodities supplied from countries or entities that are The volume was initially reported by Platts on Friday feedback on the delay of daily crude Yields and Netbacks subject to trading embargoes and sanctions recognized as 1 million barrels. The Panamax-sized cargo will implemented on February 1, 2013, Platts will revert back under international law should not be delivered against load from the port of Bayovar between April 24 and to its prior publishing schedule effective February 26, transactions concluded during the Platts MOC assessment May 3. Bids will be taken until Wednesday, March 2013. Yields and Netbacks effective February 26, 2013 processes. Bids and offers that contain statements will reflect current day, not delayed, prices. Platts will surrounding delivery of embargoed materials will be 13, and will be awarded the same day, said market continue to monitor customer feedback for 60 days considered by Platts for publication, and if published after sources. Pacific Rubiales was selling 140,000 barrels on this issue. At the same time, Platts will continue to review may be subject to normalization in value. Please of Rubiales crude on Monday through a tender, said publish the weekly Feeder Crude Table every Tuesday. The send any questions and comments to [email protected] market sources. The independent producer will load Feeder Crude Table will reflect Monday-Friday averages. and [email protected]. that cargo between April 23-27. No additional details were disclosed. In addition, Pacific Rubiales will sell 1 million barrels of Castilla Blend on March 13 News (PGA page 100) Arabian Peninsula, have been attacked repeatedly since through a tender. The cargo will load from the port of the end of the 2011 rebellion that forced President Ali Covenas between April 16-30. Last week, Rubiales Yemen says Marib oil pipeline attacked Abdullah Saleh to step down. Marib has been the most sold a Suezmax of Castilla Blend to China’s Unipec 115 times last year frequent target of attacks by saboteurs. Oil exports at May ICE Brent minus $9.05/b FOB. The cargo was generate more than 70% of the state’s total revenues set to load in the half of April. The Castilla Blend Yemen’s Marib oil pipeline was attacked 115 times and a higher percentage of its export earnings. differential was assessed Monday at April ICE Brent last year, resulting in revenue losses of $3.1 billion minus $9.22/b, down 20 cents/b from Friday. In as exports were cut, the official Athawra newspaper Oil industry faces rising wages over export news, Colombia’s state-owned oil producer, reported Monday. It quoted Abdul Salam Al-Kamil, safety push, skills shortage Ecopetrol was expected to load 1 million barrels of general director for production at the Petroleum crude from the Caribbean on March 18 to the US Gulf Exploration and Production Authority, as saying repeated Oil and gas companies face rising labor costs as Coast. Neither the grade of crude nor the buyer were attacks on oil and gas pipelines led to losses beyond growing concerns over worker safety and an ongoing disclosed. Ecopetrol sells Castilla Blend, Vasconia the cost of repair and maintenance of damaged skills shortage in the sector forces the industry to boost and Magdalena crudes to the US Gulf Coast refiners. infrastructure. “Any attack on the Marib oil pipeline pay to attract new staff, according to a report published Brazil’s state Petrobras is also set to load 2 million stops exports of around 100,000 b/d produced,” he told Monday. An on-going skills shortage, particularly in barrels of crude around March 27 for delivery to Asia. the newspaper. Yemen’s Marib pipeline carries around the LNG and subsea sectors, is seen as the biggest It was not known whether the Very Large Crude Carrier 120,000 b/d of crude oil from the Marib and Shabwa threat to the sector, according to respondents to an would discharge in China or India. oil fields to the Ras Isa terminal on the Red Sea. Oil oil industry workforce survey by OilCareers.com, a jobs and gas pipelines in Yemen, the poorest nation on the board for the oil and gas industry. Almost a third of

respondents in the survey said the skill shortage is Reported spot cash transactions (PGA page 3) the biggest issue facing the sector while over 20% of Trans. Cargo Spread Cargo CFD Crude Reported Outright Differential Diff. Barrels Seller Buyer respondents identified the lack of skilled trainers as Date month month load range/ roll grade(s) Status Price grade/ Price (barrel) CFD week week ($/barrel) month ($/barrel) a major issue. But recent incidents such as the fatal attack by militants on BP’s In Amenas gas plant in London crude window deals Mar-12 Mar 18 22 Brent CFD Done May 0.55 100000 MS Mercuria Algeria are expected to spark a general upward trend Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Mercuria in employee packages, particularly in areas considered Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Mercuria to be high risk, according to the report. “The recent Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Mercuria Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Chevron tragic events in Algeria have served to further underline Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Mercuria existing safety concerns throughout the oil and gas Mar-12 Mar 18 22 Brent CFD Done May 0.55 100000 Shell Mercuria industry,” the managing director of OilCareers.com, Mar-12 Mar 11 15 Brent CFD Done May 0.62 100000 MS Mercuria Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Chevron Mark Guest, said in a statement. The survey confirms Mar-12 Mar 11 15 Brent CFD Done May 0.62 100000 Phillips66 Mercuria that safety inflation pressures are being reflected Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Chevron throughout the industry as companies seek to ensure Mar-12 Mar 11 15 Brent CFD Done May 0.62 100000 Phillips66 Mercuria Mar-12 Mar 18 22 Brent CFD Done May 0.57 100000 Shell Mercuria their working environments are as safe as possible, Mar-12 Mar 18 22 Brent CFD Done May 0.6 100000 Phibro Mercuria the company said. The challenge to mitigating potential Mar-12 Mar 18 22 Brent CFD Done May 0.57 100000 Shell Mercuria risks to staff is being felt most acutely in Africa, where Mar-12 Mar 18 22 Brent CFD Done May 0.6 100000 MS Mercuria Mar-12 Mar 25 29 Brent CFD Done May 0.46 100000 Shell Mercuria new exploration frontiers being opened up. But risks Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 MS Chevron in new oil and gas provinces such as Mozambique, Mar-12 Mar 18 22 Brent CFD Done May 0.55 100000 Shell Chevron Congo and Gabon are being overshadowed by security Mar-12 Mar 11 15 Brent CFD Done May 0.61 100000 Shell Chevron Mar-12 Mar 18 22 Brent CFD Done May 0.55 100000 OMV Chevron concerns in other African nations, including Algeria Mar-12 Apr Cash BFOE Done 112.4 100000 Shell Mercuria and Nigeria, according to the report. In Australasia, oil Mar-12 May Cash BFOE Done 111.7 100000 Total Mercuria and gas hiring rates for construction, commissioning, Mar-12 Apr Cash BFOE Done 112.42 100000 Chevron Trafigura Mar-12 Apr Cash BFOE Done 112.4 100000 Shell Mercuria completion and startup personnel are expected to Mar-12 Mar 22 24 Forties Done Dated Brent -0.75 600000 Statoil Litasco increase in the next two years as a number of major North Sea, Mediterranean and West African deals LNG and CBM projects in the region are approaching Mar-12 Apr 2 5 Brent CFD Reported June 0.43 100000 Vitol Standard Chartered Bank the end of execution, the report said. “Personnel PG/Asia Pacific Rim deals required for the mid stage of projects can expect Mar-12 May Dubai Partial Done 105.55 25000 Shell Trafigura relatively stable conditions with operators and supply Mar-12 May Dubai Partial Done 105.45 25000 Shell Trafigura chain firms continuing to hire at expected rates,” the Mar-12 May Dubai Partial Done 105.5 25000 Shell Trafigura Mar-12 May Dubai Partial Done 105.5 25000 Shell Trafigura report said. In the Middle East, the report concluded Mar-12 May Dubai Partial Done 105.5 25000 Shell Trafigura that quality of life, competitive rates, tax breaks and Mar-12 May Dubai Partial Done 105.5 25000 Shell Trafigura long tenured placements are more frequently being used to “tempt” oil and gas expertise to the region. peninsular Malaysia in Block PM 308A. Ara-1 was said. Ara-1 encountered nine thin oil-bearing sands Sweden’s Lundin Petroleum announces drilled to a total depth of 4,030 meters by the West in a high-pressured intra-rift section extending over oil find off peninsular Malaysia Courageous rig in 75 m water depth. The objective of a vertical interval of 800 m. “The well confirmed the the well was to target the extension of the Paleogene extension of the new intra-rift oil play across a very Sweden’s Lundin Petroleum said Monday it has intra-rift oil sands that had been encountered in the large structural complex in the northeast of PM308A made an oil discovery with the Ara-1 well offshore Janglau-1 well drilled by Lundin in 2011, the company below a major regional seal... The oil pay zones

Yields and Netbacks Effective February 25, 2013 ($/barrel)

Caribbean Winter Specifications (PGA page 802) Caribbean Winter Specifications (PGA page 804) Crack Yield Freight Crack Netback Spot Price Crack Margin Coke Yield Freight Coke Netback Spot Price Coke Margin Arab Berri TYAAH00 116.15 TDDAH00 1.34 TNAAH00 114.81 AAXCT00 xxx.xxx TNAAHMR x.xxx Arab Berri TYAAF00 115.31 TDDAH00 1.34 TNAAF00 113.97 AAXCT00 xxx.xxx TNAAFMR x.xxx Arab Heavy TYABB00 109.44 TDDAP00 1.43 TNABB00 108.01 AAXDI00 xxx.xxx TNABBMR x.xxx Arab Heavy TYAAZ00 108.75 TDDAP00 1.43 TNAAZ00 107.32 AAXDI00 xxx.xxx TNAAZMR x.xxx Arab Light TYABZ00 113.80 TDDAX00 1.37 TNABZ00 112.43 AAXCU00 xxx.xxx TNABZMR x.xxx Arab Light TYABX00 112.34 TDDAX00 1.37 TNABX00 110.97 AAXCU00 xxx.xxx TNABXMR x.xxx Arab Medium TYADF00 111.05 TDDBF00 1.40 TNADF00 109.65 AAXDN00 xxx.xxx TNADFMR x.xxx Arab Medium TYADD00 109.87 TDDBF00 1.40 TNADD00 108.47 AAXDN00 xxx.xxx TNADDMR x.xxx Basrah Light TYAFV00 117.72 TDDBV00 1.31 TNAFV00 116.41 AAXDO00 xxx.xxx TNAFVMR 11.760 Basrah Light TYAFT00 111.48 TDDBV00 1.31 TNAFT00 110.17 AAXDO00 xxx.xxx TNAFTMR 5.520 BCF 17 TYAEL00 107.18 TDDBK00 0.50 TNAEL00 106.68 BCF 17 TYAEJ00 109.84 TDDBK00 0.50 TNAEJ00 109.34 BCF 22 TYAET00 112.99 TDDBN00 0.48 TNAET00 112.51 BCF 22 TYAER00 112.09 TDDBN00 0.48 TNAER00 111.61 BCF 24 TYAFF00 114.09 TDDBQ00 0.48 TNAFF00 113.61 BCF 24 TYAFD00 112.99 TDDBQ00 0.48 TNAFD00 112.51 Bonny Light TYAGN00 121.15 TDDEV00 1.57 TNAGN00 119.58 PCAIC00 112.860 TNAGNMR 6.720 Brass River TYAGZ00 117.06 TDDEW00 1.55 TNAGZ00 115.51 AAEJB00 112.965 TNAGZMR 2.545 Brent TYAHL00 117.43 TDDCE00 1.06 TNAHL00 116.37 PCAAS00 112.870 TNAHLMR 3.500 Brent TYAHJ00 115.07 TDDCE00 1.06 TNAHJ00 114.01 PCAAS00 112.870 TNAHJMR 1.140 Cabinda TYAHX00 118.17 TDDCI00 1.67 TNAHX00 116.50 PCAFD00 111.630 TNAHXMR 4.870 Cabinda TYAHV00 116.21 TDDCI00 1.67 TNAHV00 114.54 PCAFD00 111.630 TNAHVMR 2.910 Cano Limon TYAIN00 117.48 TDDCL00 0.68 TNAIN00 116.80 Cano Limon TYAIL00 117.79 TDDCL00 0.68 TNAIL00 117.11 Escalante TYAKE00 113.95 TDDEY00 3.06 TNAKE00 110.89 PCAGC00 103.910 TNAKEMR 6.980 Escalante TYAKC00 114.11 TDDEY00 3.06 TNAKC00 111.05 PCAGC00 103.910 TNAKCMR 7.140 Forcados TYAKT00 121.61 TDDFA00 1.08 TNAKT00 120.53 PCABC00 114.220 TNAKTMR 6.310 Isthmus TYAMN00 118.98 TDDDK00 1.03 TNAMN00 117.95 PDATO09 103.950 TNAMNMR 14.000 Isthmus TYAML00 113.50 TDDDK00 1.03 TNAML00 112.47 PDATO09 103.950 TNAMLMR 8.520 Kuwait TYAND00 115.32 TDDDO00 1.39 TNAND00 113.93 AAXDQ00 xxx.xxx TNANDMR x.xxx Kuwait TYANB00 112.46 TDDDO00 1.39 TNANB00 111.07 AAXDQ00 xxx.xxx TNANBMR x.xxx Maya TYAOF00 105.44 TDDDR00 1.08 TNAOF00 104.36 PDATS09 97.100 TNAOFMR 7.260 Maya TYAOD00 108.04 TDDDR00 1.08 TNAOD00 106.96 PDATS09 97.100 TNAODMR 9.860 Merey TYAOV00 109.97 TDDDU00 0.50 TNAOV00 109.47 Merey TYAOT00 111.00 TDDDU00 0.50 TNAOT00 110.50 Mesa TYAPD00 117.32 TDDFB00 0.46 TNAPD00 116.86 AAITB00 105.595 TNAPDMR 11.265 Mesa TYAPB00 113.36 TDDFB00 0.46 TNAPB00 112.90 AAITB00 105.595 TNAPBMR 7.305 Olmeca TYAQB00 118.78 TDDEA00 1.03 TNAQB00 117.75 PDATT09 108.230 TNAQBMR 9.520 Olmeca TYAPZ00 115.24 TDDEA00 1.03 TNAPZ00 114.21 PDATT09 108.230 TNAPZMR 5.980 Rabi Blend TYARH00 121.22 TDDEG00 1.63 TNARH00 119.59 Rabi Blend TYARF00 122.21 TDDEG00 1.63 TNARF00 120.58 Soyo TYART00 119.12 TDDEJ00 1.60 TNART00 117.52 Soyo TYARR00 118.27 TDDEJ00 1.60 TNARR00 116.67 Statfjord TYASJ00 118.78 TDDEM00 0.98 TNASJ00 117.80 AASAS00 113.880 TNASJMR 3.920 Statfjord TYASH00 116.14 TDDEM00 0.98 TNASH00 115.16 AASAS00 113.880 TNASHMR 1.280 Troll TYATD00 121.63 TDDER00 1.06 TNATD00 120.57 AAWEX00 115.530 TNATDMR 5.040 Troll TYATB00 121.44 TDDER00 1.06 TNATB00 120.38 AAWEX00 115.530 TNATBMR 4.850

US Atlantic Coast Winter Specifications (PGA page 810) US Atlantic Coast Winter Specifications (PGA page 812) Crack Yield Freight Crack Netback Spot Price Crack Margin Coke Yield Freight Coke Netback Spot Price Coke Margin Arab Heavy TYABN00 111.86 TDDAM00 1.63 TNABN00 110.23 AAXDI00 xxx.xxx TNABNMR x.xxx Arab Heavy TYABL00 115.45 TDDAM00 1.63 TNABL00 113.82 AAXDI00 xxx.xxx TNABLMR x.xxx Arab Light TYACL00 116.23 TDDAU00 1.56 TNACL00 114.67 AAXCU00 xxx.xxx TNACLMR x.xxx Arab Light TYACJ00 118.12 TDDAU00 1.56 TNACJ00 116.56 AAXCU00 112.700 TNACJMR 3.860 Arab Medium TYADR00 113.18 TDDBC00 1.59 TNADR00 111.59 AAXDN00 xxx.xxx TNADRMR x.xxx Arab Medium TYADP00 116.30 TDDBC00 1.59 TNADP00 114.71 AAXDN00 xxx.xxx TNADPMR x.xxx BCF 22 TYAEX00 113.57 TDDBM00 1.22 TNAEX00 112.35 BCF 22 TYAEV00 116.49 TDDBM00 1.22 TNAEV00 115.27 Bonny Light TYAGP00 124.42 TDDBZ00 1.88 TNAGP00 122.54 PCAIC00 113.315 TNAGPMR 9.225 Brass River TYAHB00 121.66 TDDEW00 1.55 TNAHB00 120.11 AAEJB00 112.965 TNAHBMR 7.145 Brent TYAHP00 119.61 TDDCC00 1.17 TNAHP00 118.44 PCAAS00 112.870 TNAHPMR 5.570 Brent TYAHN00 122.77 TDDCC00 1.17 TNAHN00 121.60 PCAAS00 112.870 TNAHNMR 8.730 Cabinda TYAIB00 119.87 TDDCH00 2.17 TNAIB00 117.70 PCAFD00 111.630 TNAIBMR 6.070 Cabinda TYAHZ00 121.53 TDDCH00 2.17 TNAHZ00 119.36 PCAFD00 111.630 TNAHZMR 7.730 Ekofisk TYAKB00 120.10 TDDCS00 1.22 TNAKB00 118.88 PCADI00 112.930 TNAKBMR 5.950 Ekofisk TYAJZ00 122.27 TDDCS00 1.22 TNAJZ00 121.05 PCADI00 112.930 TNAJZMR 8.120 Foinhaven TYAUQ00 122.77 TDDFO00 1.27 TNAUQ00 121.50 Foinhaven TYAUM00 127.51 TDDFO00 1.27 TNAUM00 126.24 Forcados TYAKV00 125.68 TDDDA00 1.83 TNAKV00 123.85 PCABC00 114.655 TNAKVMR 9.195 Gullfaks TYALP00 122.61 TDDDB00 1.13 TNALP00 121.48 AASAU00 115.180 TNALPMR 6.300 Gullfaks TYALN00 124.34 TDDDB00 1.13 TNALN00 123.21 AASAU00 115.180 TNALNMR 8.030 Hibernia TYALT00 119.25 TDDDE00 0.96 TNALT00 118.29 AAJKK00 111.475 TNALTMR 6.815 Hibernia TYALR00 121.80 TDDDE00 0.96 TNALR00 120.84 AAJKK00 111.475 TNALRMR 9.365 Mesa TYAPH00 118.21 TDDDW00 1.16 TNAPH00 117.05 AAITB00 105.595 TNAPHMR 11.455 Mesa TYAPF00 122.54 TDDDW00 1.16 TNAPF00 121.38 AAITB00 105.595 TNAPFMR 15.785 Oriente TYAQR00 114.12 TDDED00 1.84 TNAQR00 112.28 PCADE00 100.195 TNAQRMR 12.085 Oriente TYAQP00 117.62 TDDED00 1.84 TNAQP00 115.78 PCADE00 100.195 TNAQPMR 15.585 Rabi Blend TYARL00 124.27 TDDEF00 1.95 TNARL00 122.32 Rabi Blend TYARJ00 125.50 TDDEF00 1.95 TNARJ00 123.55 Soyo TYARX00 122.55 TDDEI00 2.09 TNARX00 120.46 Soyo TYARV00 124.43 TDDEI00 2.09 TNARV00 122.34 Statfjord TYASN00 121.03 TDDEL00 1.51 TNASN00 119.52 AASAS00 113.880 TNASNMR 5.640 Statfjord TYASL00 123.00 TDDEL00 1.51 TNASL00 121.49 AASAS00 113.880 TNASLMR 7.610 Troll TYATH00 124.43 TDDEQ00 1.17 TNATH00 123.26 AAWEX00 115.530 TNATHMR 7.730 Troll TYATF00 127.44 TDDEQ00 1.17 TNATF00 126.27 AAWEX00 115.530 TNATFMR 10.740

Yields and Netbacks Effective February 25, 2013 ($/barrel)

US Midwest Winter Specifications (PGA page 820) US Midwest Winter Specifications (PGA page 822) Crack Yield Freight Crack Netback Spot Price Crack Margin Coke Yield Freight Coke Netback Spot Price Coke Margin Arab Berri TYAAP00 110.80 TDDAD00 2.71 TNAAP00 108.09 AAXCT00 xxx.xxx TNAAPMR x.xxx Arab Berri TYAAN00 111.69 TDDAD00 2.71 TNAAN00 108.98 AAXCT00 xxx.xxx TNAANMR x.xxx Arab Light TYACT00 107.33 TDDAS00 2.75 TNACT00 104.58 AAXCU00 xxx.xxx TNACTMR x.xxx Arab Light TYACR00 108.93 TDDAS00 2.75 TNACR00 106.18 AAXCU00 xxx.xxx TNACRMR x.xxx Basrah Light TYAGH00 106.98 TDDBT00 3.25 TNAGH00 103.73 AAXDO00 104.650 TNAGHMR -0.920 Basrah Light TYAGF00 108.11 TDDBT00 3.25 TNAGF00 104.86 AAXDO00 104.650 TNAGFMR 0.210 Bonny Light TYAGT00 114.99 TDDBY00 3.35 TNAGT00 111.64 PCAIC00 112.860 TNAGTMR -1.220 BCF 24 TYAFL00 107.73 TDDBP00 2.25 TNAFL00 105.48 Bow River TYAGV00 108.61 TDDRL00 1.84 TNAGV00 106.77 PCAFB00 60.453 TNAGVMR 46.317 Cabinda TYAIJ00 108.85 TDDCG00 3.30 TNAIJ00 105.55 PCAFD00 111.630 TNAIJMR -6.080 Cabinda TYAIH00 110.76 TDDCG00 3.30 TNAIH00 107.46 PCAFD00 111.630 TNAIHMR -4.170 Cano Limon TYAIV00 110.85 TDDCK00 2.13 TNAIV00 108.72 Cano Limon TYAIT00 111.81 TDDCK00 2.13 TNAIT00 109.68 Forcados TYAKZ00 115.35 TDDCZ00 3.16 TNAKZ00 112.19 PCABC00 114.220 TNAKZMR -2.030 LLS TYANT00 114.26 TDDQV00 0.78 TNANT00 113.48 PCABN00 110.790 TNANTMR 2.690 LLS TYANR00 114.77 TDDQV00 0.78 TNANR00 113.99 PCABN00 110.790 TNANRMR 3.200 Mesa TYAPP00 108.35 TDDFC00 2.21 TNAPP00 106.14 AAITB00 105.595 TNAPPMR 0.545 Mesa TYAPN00 109.56 TDDFC00 2.21 TNAPN00 107.35 AAITB00 105.595 TNAPNMR 1.755 Mixed Lt Sour TYAPX00 107.10 TDDQZ00 1.84 TNAPX00 105.26 AALRX00 82.850 TNAPXMR 22.410 Mixed Lt Sour TYAPV00 107.85 TDDQZ00 1.84 TNAPV00 106.01 AALRX00 82.850 TNAPVMR 23.160 Mixed Lt Sweet TYAQZ00 111.79 TDDRA00 1.66 TNAQZ00 110.13 AALRR00 84.850 TNAQZMR 25.280 Mixed Lt Sweet TYAQX00 112.33 TDDRA00 1.66 TNAQX00 110.67 AALRR00 84.850 TNAQXMR 25.820 Olmeca TYAQJ00 111.19 TDDDZ00 1.75 TNAQJ00 109.44 PDATT09 108.230 TNAQJMR 1.210 Olmeca TYAQH00 111.71 TDDDZ00 1.75 TNAQH00 109.96 PDATT09 108.230 TNAQHMR 1.730 Syncrude TYAUR00 112.54 TDDFP00 1.53 TNAUR00 111.01 AASOK00 93.700 TNAURMR 17.310 WTI TYAUB00 109.84 TDDRG00 0.43 TNAUB00 109.41 PCACG00 93.040 TNAUBMR 16.370 WTI TYATZ00 110.19 TDDRG00 0.43 TNATZ00 109.76 PCACG00 93.040 TNATZMR 16.720 WTS TYAUJ00 109.11 TDDRI00 0.65 TNAUJ00 108.46 PCACK00 77.640 TNAUJMR 30.820 WTS TYAUH00 110.14 TDDRI00 0.65 TNAUH00 109.49 PCACK00 77.640 TNAUHMR 31.850

US Gulf Coast Winter specifications (PGA page 830) US Gulf Coast Winter specifications (PGA page 832) Crack Yield Freight Crack Netback Spot Price Crack Margin Coke Yield Freight Coke Netback Spot Price Coke Margin Arab Berri TYAAL00 120.67 TDDAC00 1.25 TNAAL00 119.42 AAXCT00 114.550 TNAALMR 4.870 Arab Berri TYAAJ00 118.93 TDDAC00 1.25 TNAAJ00 117.68 AAXCT00 114.550 TNAAJMR 3.130 Arab Heavy TYABR00 113.60 TDDAJ00 1.34 TNABR00 112.26 AAXDI00 xxx.xxx TNABRMR x.xxx Arab Heavy TYABP00 113.39 TDDAJ00 1.34 TNABP00 112.05 AAXDI00 xxx.xxx TNABPMR xx.xxx Arab Light TYACP00 116.54 TDDAR00 1.28 TNACP00 115.26 AAXCU00 112.700 TNACPMR 2.560 Arab Light TYACN00 115.93 TDDAR00 1.28 TNACN00 114.65 AAXCU00 112.700 TNACNMR 1.950 Arab Medium TYADV00 114.19 TDDAZ00 1.31 TNADV00 112.88 AAXDN00 xxx.xxx TNADVMR x.xxx Arab Medium TYADT00 114.14 TDDAZ00 1.31 TNADT00 112.83 AAXDN00 xxx.xxx TNADTMR xx.xxx Basrah Light TYAGD00 116.76 TDDBS00 2.17 TNAGD00 114.59 AAXDO00 xxx.xxx TNAGDMR x.xxx Basrah Light TYAGB00 115.78 TDDBS00 2.17 TNAGB00 113.61 AAXDO00 xxx.xxx TNAGBMR x.xxx BCF 17 TYAEP00 109.27 TDDBJ00 1.35 TNAEP00 107.92 BCF 17 TYAEN00 110.46 TDDBJ00 1.35 TNAEN00 109.11 BCF 22 TYAFB00 113.61 TDDBL00 1.29 TNAFB00 112.32 BCF 22 TYAEZ00 114.26 TDDBL00 1.29 TNAEZ00 112.97 BCF 24 TYAFJ00 114.75 TDDBO00 1.28 TNAFJ00 113.47 BCF 24 TYAFH00 115.53 TDDBO00 1.28 TNAFH00 114.25 Bonny Light TYAGR00 122.61 TDDBX00 x.xx TNAGR00 120.84 PCAIC00 111.420 TNAGRMR 9.420 Brass River TYAHD00 119.81 TDDCA00 1.48 TNAHD00 118.33 AAEJB00 119.540 TNAHDMR -1.210 Brent TYAHT00 120.78 TDDCB00 1.47 TNAHT00 119.31 PCAAS00 112.870 TNAHTMR 6.440 Brent TYAHR00 119.14 TDDCB00 1.47 TNAHR00 117.67 PCAAS00 112.870 TNAHRMR 4.800 Cabinda TYAIF00 118.94 TDDCF00 2.23 TNAIF00 116.71 PCAFD00 111.630 TNAIFMR 5.080 Cabinda TYAID00 118.75 TDDCF00 2.23 TNAID00 116.52 PCAFD00 111.630 TNAIDMR 4.890 Cano Limon TYAIR00 120.28 TDDCJ00 1.10 TNAIR00 119.18 Cano Limon TYAIP00 120.13 TDDCJ00 1.10 TNAIP00 119.03 Escalante TYAKJ00 113.68 TDDCV00 3.93 TNAKJ00 109.75 PCAGC00 106.425 TNAKJMR 3.325 Escalante TYAKH00 115.42 TDDCV00 3.93 TNAKH00 111.49 PCAGC00 106.425 TNAKHMR 5.065 Forcados TYAKX00 126.03 TDDCY00 1.60 TNAKX00 124.43 PCABC00 114.655 TNAKXMR 9.775 Isthmus TYAMR00 119.49 TDDDJ00 0.63 TNAMR00 118.86 PDATO09 103.950 TNAMRMR 14.910 Isthmus TYAMP00 117.70 TDDDJ00 0.63 TNAMP00 117.07 PDATO09 103.950 TNAMPMR 13.120 Kuwait TYANL00 114.39 TDDDL00 1.30 TNANL00 113.09 AAXDQ00 xxx.xxx TNANLMR x.xxx Kuwait TYANJ00 114.06 TDDDL00 1.30 TNANJ00 112.76 AAXDQ00 xxx.xxx TNANJMR x.xxx LLS TYANP00 123.70 TDDQW00 0.65 TNANP00 123.05 PCABN00 110.790 TNANPMR 12.260 LLS TYANN00 122.15 TDDQW00 0.65 TNANN00 121.50 PCABN00 110.790 TNANNMR 10.710 Marlim TYAUG00 114.20 TDDGK00 1.31 TNAUG00 112.89 AAITF00 97.445 TNAUGMR 15.445 Marlim TYAUE00 116.11 TDDGK00 1.31 TNAUE00 114.80 AAITF00 97.445 TNAUEMR 17.355 Mars TYAOB00 115.46 TDDQY00 0.63 TNAOB00 114.83 AAMBR00 106.040 TNAOBMR 8.790 Mars TYANZ00 114.98 TDDQY00 0.63 TNANZ00 114.35 AAMBR00 106.040 TNANZMR 8.310 Maya TYAOJ00 106.86 TDDDP00 0.65 TNAOJ00 106.21 PDATS09 97.100 TNAOJMR 9.110 Maya TYAOH00 110.16 TDDDP00 0.65 TNAOH00 109.51 PDATS09 97.100 TNAOHMR 12.410 Merey TYAOZ00 108.04 TDDDT00 1.35 TNAOZ00 106.69 Merey TYAOX00 111.44 TDDDT00 1.35 TNAOX00 110.09 Mesa TYAPL00 117.96 TDDDV00 1.23 TNAPL00 116.73 AAITB00 105.595 TNAPLMR 11.135 Mesa TYAPJ00 117.53 TDDDV00 1.23 TNAPJ00 116.30 AAITB00 105.595 TNAPJMR 10.705 Olmeca TYAQF00 120.67 TDDDY00 0.62 TNAQF00 120.05 PDATT09 108.230 TNAQFMR 11.820 Olmeca TYAQD00 119.25 TDDDY00 0.62 TNAQD00 118.63 PDATT09 108.230 TNAQDMR 10.400 Rabi Blend TYARP00 123.18 TDDEE00 1.67 TNARP00 121.51 Rabi Blend TYARN00 123.25 TDDEE00 1.67 TNARN00 121.58 Saharan Blend TYAVB00 113.20 TDDRD00 x.xx TNAVB00 xxx.xx AAGZY00 110.275 TNAVBMR xx.xxx Soyo/Palanca TYASB00 122.56 TDDEH00 1.55 TNASB00 121.01 Soyo/Palanca TYARZ00 120.91 TDDEH00 1.55 TNARZ00 119.36 Statfjord TYASR00 121.46 TDDEN00 1.48 TNASR00 119.98 AASAS00 113.880 TNASRMR 6.100 Statfjord TYASP00 119.77 TDDEN00 1.48 TNASP00 118.29 AASAS00 113.880 TNASPMR 4.410 Troll TYATL00 122.19 TDDEP00 1.59 TNATL00 120.60 AAWEX00 115.530 TNATLMR 5.070 Troll TYATJ00 124.77 TDDEP00 1.59 TNATJ00 123.18 AAWEX00 115.530 TNATJMR 7.650 Urals TYAUK00 117.83 TDDFM00 0.88 TNAUK00 116.95 AAWVH00 108.835 TNAUKMR 8.115 Urals TYAUI00 118.28 TDDFM00 0.88 TNAUI00 117.40 AAWVH00 108.835 TNAUIMR 8.565 WTI TYATX00 119.80 TDDRH00 0.94 TNATX00 118.86 PCACG00 93.040 TNATXMR 25.820 WTI TYATV00 118.68 TDDRH00 0.94 TNATV00 117.74 PCACG00 93.040 TNATVMR 24.700 WTS TYAUF00 119.75 TDDRJ00 1.38 TNAUF00 118.37 PCACK00 77.640 TNAUFMR 40.730 WTS TYAUD00 118.46 TDDRJ00 1.38 TNAUD00 117.08 PCACK00 77.640 TNAUDMR 39.440

Yields and Netbacks Effective February 25, 2013 ($/barrel)

US West Coast Winter specifications (PGA page 840) US West Coast Winter specifications (PGA page 842) Crack Yield Freight Crack Netback Spot Price Crack Margin Coke Yield Freight Coke Netback Spot Price Coke Margin ANS TYAAD00 121.10 TDDGL00 0.00 TNAAD00 121.10 PCAAD00 108.910 TNAADMR 12.190 ANS TYAAB00 121.52 TDDGL00 0.00 TNAAB00 121.52 PCAAD00 108.910 TNAABMR 12.610 Arab Berri TYAAT00 122.74 TDDAE00 1.84 TNAAT00 120.90 AAXCT00 106.730 TNAATMR 14.170 Arab Berri TYAAR00 123.22 TDDAE00 1.84 TNAAR00 121.38 AAXCT00 106.730 TNAARMR 14.650 Arab Light TYACX00 119.63 TDDAT00 1.88 TNACX00 117.75 AAXCU00 104.680 TNACXMR 13.070 Arab Light TYACV00 119.78 TDDAT00 1.88 TNACV00 117.90 AAXCU00 104.680 TNACVMR 13.220 Arab Medium TYADY00 111.33 TDDBB00 x.xx TNADY00 xxx.xx AAXDN00 xxx.xxx TNADYMR xx.xxx Arab Medium TYADY00 111.33 TDDBB00 x.xx TNADW00 xxx.xx AAXDN00 xxx.xxx TNADWMR xx.xxx Basrah Light TYAGL00 119.02 TDDBW00 2.79 TNAGL00 116.23 AAXDO00 xxx.xxx TNAGLMR xx.xxx Basrah Light TYAGJ00 120.09 TDDBW00 2.79 TNAGJ00 117.30 AAXDO00 xxx.xxx TNAGJMR 11.140 Escalante TYAKN00 119.23 TDDCW00 5.37 TNAKN00 113.86 PCAGC00 103.910 TNAKNMR 9.950 Escalante TYAKL00 119.77 TDDCW00 5.37 TNAKL00 114.40 PCAGC00 103.910 TNAKLMR 10.490 Kern River TYAMV00 122.19 TDDGM00 1.65 TNAMV00 120.54 PCABJ00 97.700 TNAMVMR 22.840 Kern River TYAMT00 123.70 TDDGM00 1.65 TNAMT00 122.05 PCABJ00 97.700 TNAMTMR 24.350 Line 63 TYANX00 121.49 TDDGN00 0.11 TNANX00 121.38 PCABM00 105.990 TNANXMR 15.390 Line 63 TYANV00 123.04 TDDGN00 0.11 TNANV00 122.93 PCABM00 105.990 TNANVMR 16.940 Marlim TYAVC00 114.53 TDDQX00 x.xx TNAVC00 xxx.xx AAITF00 96.915 TNAVCMR xx.xxx Marlim TYAVC00 114.53 TDDQX00 x.xx TNAVD00 xxx.xx AAITF00 96.915 TNAVDMR xx.xxx Minas TYATC00 124.89 TDDGO00 1.81 TNATC00 123.08 PCABO00 110.130 TNATCMR 12.950 Minas TYATA00 126.45 TDDGO00 1.81 TNATA00 124.64 PCABO00 110.130 TNATAMR 14.510 Mixed Lt Sweet TYARD00 119.76 TDDGP00 1.89 TNARD00 117.87 AALRR00 76.350 TNARDMR 41.520 Mixed Lt Sweet TYARB00 120.76 TDDGP00 1.89 TNARB00 118.87 AALRR00 76.350 TNARBMR 19.060 Oriente TYAQV00 121.99 TDDEC00 3.91 TNAQV00 118.08 PCADE00 99.810 TNAQVMR 18.270 Oriente TYAQT00 121.61 TDDEC00 3.91 TNAQT00 117.70 PCADE00 99.810 TNAQTMR 17.890 Thums TYASZ00 121.89 TDDGQ00 0.00 TNASZ00 121.89 PCACD00 99.000 TNASZMR 22.890 Thums TYASX00 121.39 TDDGQ00 0.00 TNASX00 121.39 PCACD00 99.000 TNASXMR 22.390

Northwest Europe Winter Specifications (PGA page 1810) Northwest Europe Winter Specifications (PGA page 1812) Crack Yield Freight Crack Netback Spot Price Crack Margin Visbreak Yield Freight Visbreak Netback Spot Price Visbreak Margin Arab Heavy** TYAAV00 107.45 TDDAN00 1.63 TNAAV00 105.82 AAXDH00 xxx.xxx TNAAVMR x.xxx Arab Heavy** TYAAX00 104.98 TDDAN00 1.63 TNAAX00 103.35 AAXDH00 xxx.xxx TNAAXMR x.xxx Arab Light** TYABT00 111.49 TDDAV00 1.56 TNABT00 109.93 AAXDK00 xxx.xxx TNABTMR x.xxx Arab Light** TYABV00 109.15 TDDAV00 1.56 TNABV00 107.59 AAXDK00 xxx.xxx TNABVMR x.xxx Arab Medium** TYACZ00 108.96 TDDBD00 1.59 TNACZ00 107.37 AAXDM00 xxx.xxx TNACZMR x.xxx Arab Medium** TYADB00 106.31 TDDBD00 1.59 TNADB00 104.72 AAXDM00 xxx.xxx TNADBMR x.xxx Azeri Light TYAEB00 116.46 TDDBI00 1.74 TNAEB00 114.72 AAGZX00 114.045 TNAEBMR 0.675 Azeri Light TYAED00 113.04 TDDBI00 1.74 TNAED00 111.30 AAGZX00 114.045 TNAEDMR -2.745 Basrah Light TYAFP00 110.49 TDDBU00 1.52 TNAFP00 108.97 AAXDO00 xxx.xxx TNAFPMR x.xxx Basrah Light TYAFR00 108.49 TDDBU00 1.52 TNAFR00 106.97 AAXDO00 xxx.xxx TNAFRMR 2.320 Brass River TYATS00 116.42 TDDRE00 1.65 TNATS00 114.77 AAEJB00 112.965 TNATSMR 1.805 Brent TYAHF00 114.20 TDDCD00 0.84 TNAHF00 113.36 PCAAS00 112.870 TNAHFMR 0.490 Brent TYAHH00 110.87 TDDCD00 0.84 TNAHH00 110.03 PCAAS00 112.870 TNAHHMR -2.840 Cabinda TYAVK00 111.99 TDDQR00 x.xx TNAVK00 xxx.xx PCAFD00 111.630 TNAVKMR x.xxx Ekofisk TYAJV00 114.03 TDDCT00 0.63 TNAJV00 113.40 PCADI00 112.585 TNAJVMR 0.815 Ekofisk TYAJX00 111.06 TDDCT00 0.63 TNAJX00 110.43 PCADI00 112.585 TNAJXMR -2.155 Flotta TYAKP00 112.13 TDDCX00 0.75 TNAKP00 111.38 PCACZ00 109.915 TNAKPMR 1.465 Flotta TYAKR00 109.18 TDDCX00 0.75 TNAKR00 108.43 PCACZ00 109.915 TNAKRMR -1.485 Forties TYALB00 112.33 TDDEZ00 0.86 TNALB00 111.47 PCADJ00 112.805 TNALBMR -1.335 Forties TYALD00 109.55 TDDEZ00 0.86 TNALD00 108.69 PCADJ00 112.805 TNALDMR -4.115 Gullfaks TYALF00 115.33 TDDDC00 0.78 TNALF00 114.55 AASAU00 114.865 TNALFMR -0.315 Gullfaks TYALH00 112.63 TDDDC00 0.78 TNALH00 111.85 AASAU00 114.865 TNALHMR -3.015 Hungo TYAVI00 108.74 TDDQU00 x.xx TNAVI00 xxx.xx AASLJ00 108.605 TNAVIMR x.xxx Iran Heavy TYALV00 111.09 TDDDG00 1.57 TNALV00 109.52 PCABH00 106.625 TNALVMR 2.895 Iran Heavy TYALX00 108.24 TDDDG00 1.57 TNALX00 106.67 PCABH00 106.625 TNALXMR 0.045 Iran Light TYAMD00 112.67 TDDDI00 1.54 TNAMD00 111.13 PCABI00 109.275 TNAMDMR 1.855 Iran Light TYAMF00 109.51 TDDDI00 1.54 TNAMF00 107.97 PCABI00 109.275 TNAMFMR -1.305 Kirkuk TYATU00 111.74 TDDGH00 0.60 TNATU00 111.14 AAEJD00 108.845 TNATUMR 2.295 Kuwait TYAMX00 109.42 TDDDM00 1.00 TNAMX00 108.42 AAXDQ00 xxx.xxx TNAMXMR x.xxx Kuwait TYAMZ00 106.72 TDDDM00 1.00 TNAMZ00 105.72 AAXDQ00 xxx.xxx TNAMZMR x.xxx Murban TYATQ00 114.20 TDDRB00 1.50 TNATQ00 112.70 AAKNL00 108.903 TNATQMR 3.797 Oseberg TYAVJ00 116.16 TDDRC00 x.xx TNAVJ00 xxx.xx PCAEU00 112.985 TNAVJMR x.xxx Saharan Blend TYATY00 113.46 TDDGI00 0.33 TNATY00 113.13 AAGZY00 111.905 TNATYMR 1.225 Statfjord TYASF00 111.86 TDDEK00 0.53 TNASF00 111.33 AASAS00 113.565 TNASFMR -2.235 Statfjord TYASD00 114.56 TDDEK00 0.53 TNASD00 114.03 AASAS00 113.565 TNASDMR 0.465 Urals TYATN00 111.69 TDDET00 1.04 TNATN00 110.65 PCAFW00 109.755 TNATNMR 0.895 Urals TYATP00 108.86 TDDET00 1.04 TNATP00 107.82 PCAFW00 109.755 TNATPMR -1.935 Zuetina TYAUC00 115.85 TDDGJ00 0.48 TNAUC00 115.37 AAXDT00 xxx.xxx TNAUCMR x.xxx

Yields and Netbacks Effective February 25, 2013 ($/barrel)

Italy Winter Specifications (PGA page 1820) Italy Winter Specifications (PGA page 1822) Crack Yield Freight Crack Netback Spot Price Crack Margin Visbreak Yield Freight Visbreak Netback Spot Price Visbreak Margin Arab Heavy** TYABD00 106.84 TDDAI00 1.63 TNABD00 105.21 AAXDH00 xxx.xxx TNABDMR x.xxx Arab Heavy** TYABF00 103.79 TDDAI00 1.63 TNABF00 102.16 AAXDH00 xxx.xxx TNABFMR x.xxx Arab Light** TYACB00 110.74 TDDAQ00 1.56 TNACB00 109.18 AAXDK00 xxx.xxx TNACBMR x.xxx Arab Light** TYACD00 107.61 TDDAQ00 1.56 TNACD00 106.05 AAXDK00 xxx.xxx TNACDMR x.xxx Arab Medium** TYADH00 107.93 TDDAY00 1.59 TNADH00 106.34 AAXDM00 xxx.xxx TNADHMR x.xxx Arab Medium** TYADJ00 104.96 TDDAY00 1.59 TNADJ00 103.37 AAXDM00 xxx.xxx TNADJMR x.xxx Azeri Light TYAEF00 115.59 TDDBH00 1.07 TNAEF00 114.52 AAGZX00 114.045 TNAEFMR 0.475 Azeri Light TYAEH00 112.30 TDDBH00 1.07 TNAEH00 111.23 AAGZX00 114.045 TNAEHMR -2.815 Basrah Light TYAFX00 110.07 TDDBR00 0.95 TNAFX00 109.12 AAXDO00 xxx.xxx TNAFXMR 4.470 Basrah Light TYAFZ00 106.86 TDDBR00 0.95 TNAFZ00 105.91 AAXDO00 xxx.xxx TNAFZMR x.xxx CPC Blend TYAVN00 110.74 TDDQT00 x.xx TNAVN00 xxx.xx AAGZU00 112.480 TNAVNMR x.xxx Es Sider TYAKD00 113.20 TDDCU00 0.63 TNAKD00 112.57 PCACO00 111.600 TNAKDMR 0.970 Es Sider TYAKF00 110.50 TDDCU00 0.63 TNAKF00 109.87 PCACO00 111.600 TNAKFMR -1.730 Iran Heavy TYALZ00 110.22 TDDDF00 0.75 TNALZ00 109.47 PCABH00 106.625 TNALZMR 2.845 Iran Heavy TYAMB00 106.76 TDDDF00 0.75 TNAMB00 106.01 PCABH00 106.625 TNAMBMR -0.615 Iran Light TYAMH00 111.43 TDDDH00 0.74 TNAMH00 110.69 PCABI00 109.275 TNAMHMR 1.415 Iran Light TYAMJ00 108.57 TDDDH00 0.74 TNAMJ00 107.83 PCABI00 109.275 TNAMJMR -1.445 Kirkuk TYAMU00 110.48 TDDFF00 0.97 TNAMU00 109.51 AAEJD00 108.845 TNAMUMR 0.665 Kirkuk TYAMW00 107.77 TDDFF00 0.97 TNAMW00 106.80 AAEJD00 108.845 TNAMWMR -2.045 Saharan Blend TYARO00 111.71 TDDFG00 0.53 TNARO00 111.18 AAGZY00 112.330 TNAROMR -1.150 Saharan Blend TYARQ00 110.14 TDDFG00 0.53 TNARQ00 109.61 AAGZY00 112.330 TNARQMR -2.720 Suez Blend TYAUO00 109.40 TDDRF00 0.53 TNAUO00 108.87 PCACA00 107.880 TNAUOMR 0.990 Suez Blend TYAUP00 106.09 TDDRF00 0.53 TNAUP00 105.56 PCACA00 107.880 TNAUPMR -2.320 Urals TYATR00 110.53 TDDES00 1.16 TNATR00 109.37 PCACE00 109.755 TNATRMR -0.385 Urals TYATT00 107.35 TDDES00 1.16 TNATT00 106.19 PCACE00 109.755 TNATTMR -3.565 Zuetina TYAUL00 114.38 TDDEU00 0.71 TNAUL00 113.67 AAXDT00 xxx.xxx TNAULMR x.xxx Zuetina TYAUN00 112.37 TDDEU00 0.71 TNAUN00 111.66 AAXDT00 xxx.xxx TNAUNMR x.xxx

Singapore Winter Specifications (PGA page 2810) Singapore Winter Specifications (PGA page 2812) Crack Yield Freight Crack Netback Spot Price Crack Margin Visbreak Yield Freight Visbreak Netback Spot Price Visbreak Margin Arab Heavy TYABH00 106.97 TDDAO00 0.97 TNABH00 106.00 AAXDG00 xxx.xxx TNABHMR x.xxx Arab Heavy TYABJ00 103.74 TDDAO00 0.97 TNABJ00 102.77 AAXDG00 xxx.xxx TNABJMR x.xxx Arab Light TYACF00 109.89 TDDAW00 0.93 TNACF00 108.96 AAXDJ00 xxx.xxx TNACFMR x.xxx Arab Light TYACH00 106.21 TDDAW00 0.93 TNACH00 105.28 AAXDJ00 xxx.xxx TNACHMR x.xxx Arab Medium TYADL00 107.89 TDDBE00 0.94 TNADL00 106.95 AAXDL00 xxx.xxx TNADLMR x.xxx Arab Medium TYADN00 104.41 TDDBE00 0.94 TNADN00 103.47 AAXDL00 xxx.xxx TNADNMR x.xxx Attaka TYADX00 115.15 TDDBG00 1.91 TNADX00 113.24 PCAAJ00 110.260 TNADXMR 2.980 Attaka TYADZ00 114.13 TDDBG00 1.91 TNADZ00 112.22 PCAAJ00 110.260 TNADZMR 1.960 Cabinda TYAVF00 110.59 TDDQS00 x.xx TNAVF00 xxx.xx PCAFD00 111.730 TNAVFMR x.xxx Dubai TYAJN00 110.89 TDDCQ00 0.88 TNAJN00 110.01 PCAAT00 107.290 TNAJNMR 2.720 Dubai TYAJP00 106.23 TDDCQ00 0.88 TNAJP00 105.35 PCAAT00 107.290 TNAJPMR -1.940 Duri TYAJR00 105.83 TDDCR00 1.04 TNAJR00 104.79 PCABA00 107.610 TNAJRMR -2.820 Duri TYAJT00 100.78 TDDCR00 1.04 TNAJT00 99.74 PCABA00 107.610 TNAJTMR -7.870 Kuwait TYANF00 108.31 TDDDN00 0.98 TNANF00 107.33 AAXDQ00 xxx.xxx TNANFMR x.xxx Kuwait TYANH00 104.69 TDDDN00 0.98 TNANH00 103.71 AAXDQ00 xxx.xxx TNANHMR x.xxx Lower Zakum TYANS00 111.22 TDDCQ00 0.88 TNANS00 110.34 AAKNN00 109.690 TNANSMR 0.650 Lower Zakum TYANU00 107.03 TDDCQ00 0.88 TNANU00 106.15 AAKNN00 109.690 TNANUMR -3.540 Minas TYAPR00 111.72 TDDDX00 0.96 TNAPR00 110.76 PCABO00 116.410 TNAPRMR -5.650 Minas TYAPT00 105.46 TDDDX00 0.96 TNAPT00 104.50 PCABO00 116.410 TNAPTMR -11.910 Murban TYAPY00 111.91 TDDCQ00 0.88 TNAPY00 111.03 AAKNL00 109.690 TNAPYMR 1.340 Murban TYAQA00 108.25 TDDCQ00 0.88 TNAQA00 107.37 AAKNL00 109.690 TNAQAMR -2.320 Oman TYAQL00 110.13 TDDEB00 0.81 TNAQL00 109.32 PCABS00 107.300 TNAQLMR 2.020 Oman TYAQN00 106.26 TDDEB00 0.81 TNAQN00 105.45 PCABS00 107.300 TNAQNMR -1.850 Qatar Land TYARA00 111.57 TDDBE00 0.94 TNARA00 110.63 AAKNP00 108.890 TNARAMR 1.740 Qatar Land TYARC00 107.27 TDDBE00 0.94 TNARC00 106.33 AAKNP00 108.890 TNARCMR -2.560 Qatar Marine TYARE00 111.57 TDDBE00 0.94 TNARE00 110.63 AAKNR00 107.290 TNAREMR 3.340 Qatar Marine TYARG00 107.04 TDDBE00 0.94 TNARG00 106.10 AAKNR00 107.290 TNARGMR -1.190 Tapis TYAST00 114.72 TDDEO00 0.74 TNAST00 113.98 PCACB00 117.650 TNASTMR -3.670 Tapis TYASV00 111.21 TDDEO00 0.74 TNASV00 110.47 PCACB00 117.650 TNASVMR -7.180 Umm Shaif TYATK00 110.77 TDDCQ00 0.88 TNATK00 109.89 AAOUO00 109.240 TNATKMR 0.650 Umm Shaif TYATM00 106.09 TDDCQ00 0.88 TNATM00 105.21 AAOUO00 109.240 TNATMMR -4.030