SUBSCRIBER NOTE: Platts proposes to discontinue USWC fuel oil assessments

S&P Global Platts proposes to discontinue its US West Coast residual fuel oil assessments with effect from January 2, 2017.

Liquidity observed in the US West Coast spot fuel oil market has fallen to minimal levels, reflecting in part a move by regional oil refiners toward producing clean products. Remaining West Coast fuel oil production is generally allocated to term contracts, which has substantially reduced the volume of spot trade available for assessment.

These discontinuations will not affect Platts ex-wharf and delivered bunker fuel assessments in US West Coast ports.

The discontinuations include daily assessments and monthly averages. These assessments appear on PGA pages 158, 550 and 551; in the publications Asia-Pacific/Arab Gulf Marketscan, Oilgram Price Report and US Marketscan; and in the Platts database under the following codes:

ASSESSMENT CODE (DAILY) CODE (MONTHLY AVERAGE) West Coast Waterborne No.6 0.5% PUAGD00 PUAGD03 No.6 1.0% PUAAQ00 PUAAQ03 No.6 2.0% AABGP00 AABGQ00

Los Angeles Waterborne 180 CST PUAWR00 PUAWR03 380 CST PUAWX00 PUAWX03

San Francisco Waterborne 180 CST PUBDA00 PUBDN03 380 CST PUBCY00 PUBDO03

Seattle pipeline 180 CST PUAWT00 PUAWT03 380 CST PUAWZ00 PUAWZ03

Please send comments and feedback by August 15, 2016 to americas_bunkers@platts.com, 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.