Platts to reset some Crude Oil Wire nomenclature

Platts is planning to reset the nomenclature for several crude oil assessments in Crude Oil Marketwire back to the original names that were in use until April 9, 2010.

Platts changed the nomenclature on April 12, 2010, to enhance the readability and format of its publications including Crude Oil Marketwire PDF and telex.

However, our subscribers have notified us of their preference to continue using the original nomenclature.

Please note that the affected nomenclature for the Crude Oil Marketwire PDF is:

ORIGINAL TEMPORARY (reset on Aug. 2) ----- (to expire Aug. 2)

Brent (1st Month) ----- Brent/BFOE (1st Month) Brent (2nd Month) ----- Brent/BFOE (2nd Month) Brent (3rd Month) ----- Brent/BFOE (3rd Month) Brent (Dated) ----- Dated Brent/BFOE Urals (Rotterdam) ----- Rotterdam Urals (Mediterranean) ----- Mediterranean Urals (Ex-Novorossiisk) ----- Ex-Novorossiisk Urals (Ex-Novo) FOB 80kt ----- Ex-Novo FOB 80kt Urals (Ex-Baltic) ----- Ex-Baltic Urals (Primorsk) ----- Primorsk Urals Med CFD 1st mth ----- Med CFD 1st mth Urals Med CFD 2nd mth ----- Med CFR 2nd mth Iranian Light (Sidi Kerir) ----- Iranian Light Iranian Heavy (Sidi Kerir) ----- Iranian Heavy Note all the PDF nomenclature will be revised to its original form on August 2, 2010.

Please note that the affected nomenclature for the Crude Oil Marketwire telex is:

ORIGINAL ----- TEMPORARY ----- RESET on Aug 2: (to expire Aug. 2)

BRENT (DTD) ----- Dated Brent/BFOE ----- Brent (Dtd) URALS (RDAM) ----- Rotterdam ----- Urals (Rdam) URALS (MED) ----- Mediterranean ----- Urals (Med) URALS (EX-NOVO) ----- Ex-Novorossiisk ----- Urals (Ex-Novo) URALS NOVO 80KT ----- Ex Novo FOB 80kt ----- Urals Novo 80kt URALS (EX-BALTIC) ----- Ex-Baltic ----- Urals (Ex-Baltic) URALS (PRIMORSK) ----- Primorsk ----- Urals (Primorsk) URALS (RCMB) ----- RCMB (Recombined) ----- Urals (RCMB) ILT (SIDI) ----- Iranian Light ----- Iranian Light (Sidi) IHVY (SIDI) ----- Iranian Heavy ----- Iranian Heavy (Sidi) Note all the PDF nomenclature will be revised to the reset form on August 2, 2010.

For any comments or questions, please contact Joel Hanley, joel_hanley@platts.com, with a cc to pricegroup@platts.com.