SUBSCRIBER NOTE: Platts to launch USAC ULS HO barge assessment June 2

Following a period of industry feedback that ended April 11, Platts confirms it will launch an FOB barge assessment in New York Harbor for ultra low sulfur heating oil, starting June 2. These additions in coverage are in response to evolving market conditions. Upgrades to refinery production and evolving fuel standards in the US mean that supply and trade of ultra low sulfur heating oil is increasingly common in the northeastern US, while traditional heating oil markets are naturally waning in volume. Platts will launch ULSHO assessment that reflects a barge clip sizes of 25,000 barrels, undyed, sulfur max 15 ppm, cetane min 40, and other specifications similar to Colonial Pipeline's 67 grade for ULSHO at the delivery point. This new assessment reflects a delivery period of three to seven days forward on Monday-Wednesday, and five to nine days forward on Thursday and Friday. These assessments can be found on Platts Global alert pages 482 and 410 as well as in US Marketscan and Platts Oilgram news. Platts would continue to publish all other existing heating oil assessments. Please send comments and feedback to americas_products@platts.com and pricegroup@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.