SUBSCRIBER NOTE: Platts to launch M+4 Cash BFOE assessment Oct 1

Effective October 1, 2014, and following a proposal note on the same subject published in June, Platts will launch a Cash BFOE assessment to reflect four forward Brent monthly contracts ahead of the month of publication (M+4). The instrument would complement Platts existing Cash BFOE assessments, which currently reflect one, two and three months ahead of the month of publication. Platts will also launch an Exchange of Futures for Physical (EFP) assessment to reflect the EFP for M+4 Brent. The new assessments will be published alongside Platts existing Cash BFOE and EFP assessments in Platts Crude Oil Marketwire, Platts Oil Price Report and on Platts Global Alert pages 1210 and 1212. Platts will publish bids, offers and expressions of interest to trade M+04 Cash BFOE through its MOC assessment process. Please send comments or questions to europe_crude@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.