SUBSCRIBER NOTE: Platts to discontinue visbreaking yields, netbacks, margins

Effective January 15, 2016, Platts has decided to discontinue all daily, weekly and monthly Northwest European, Italy and Singapore visbreaking yields, netbacks and margins, following a period of feedback.

Platts is discontinuing these visbreaking prices because they do not reflect current refining configurations in the respective regions.

The current visbreaking yield models reflect a topping configuration, primarily crude units and reformers. Refiners in these regions have increasingly added catalytic crackers, which are already reflected in the cracking yields, netbacks and margins. Platts will continue to publish these cracking assessments.

These assessments are published on Platts Global Alert pages 1812, 1822, 2812, 1814, 1824 and 2814. The daily prices are also published in the Crude Oil Marketwire, and the weekly and monthly prices in Oilgram Price Report. The assessments are also published in Platts Market Data under the codes listed below.

Please send any comments or questions to jeff.mower@platts.com, oilgroup@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.

Northwest Europe Daily visbreak visbreak visbreak Crude yield netback margin Arab Heavy TYAAX00 TNAAX00 TNAAXMR Arab Light TYABV00 TNABV00 TNABVMR Arab Medium TYADB00 TNADB00 TNADBMR Azeri Light TYAED00 TNAED00 TNAEDMR Basrah Light TYAFR00 TNAFR00 TNAFRMR Brent TYAHH00 TNAHH00 TNAHHMR Ekofisk TYAJX00 TNAJX00 TNAJXMR Flotta Gold TYAKR00 TNAKR00 TNAKRMR Forties TYALD00 TNALD00 TNALDMR Gullfaks TYALH00 TNALH00 TNALHMR Iran Heavy TYALX00 TNALX00 TNALXMR Iran Light TYAMF00 TNAMF00 TNAMFMR Kuwait TYAMZ00 TNAMZ00 TNAMZMR Statfjord TYASF00 TNASF00 TNASFMR Urals TYATP00 TNATP00 TNATPMR

Northwest Europe Weekly visbreak visbreak Crude yield netback Arab Heavy FYAAX00 FNAAX00 Arab Light FYABV00 FNABV00 Arab Medium FYADB00 FNADB00 Azeri Light FYAED00 FNAED00 Basrah Light FYAFR00 FNAFR00 Brent FYAHH00 FNAHH00 Ekofisk FYAJX00 FNAJX00 Flotta Gold FYAKR00 FNAKR00 Forties FYALD00 FNALD00 Gullfaks FYALH00 FNALH00 Iran Heavy FYALX00 FNALX00 Iran Light FYAMF00 FNAMF00 Kuwait FYAMZ00 FNAMZ00 Statfjord FYASF00 FNASF00 Urals FYATP00 FNATP00

Northwest Europe Monthly visbreak visbreak Crude yield netback Arab Heavy TYAAX03 TNAAX03 Arab Light TYABV03 TNABV03 Arab Medium TYADB03 TNADB03 Azeri Light TYAED03 TNAED03 Basrah Light TYAFR03 TNAFR03 Brent TYAHH03 TNAHH03 Ekofisk TYAJX03 TNAJX03 Flotta Gold TYAKR03 TNAKR03 Forties TYALD03 TNALD03 Gullfaks TYALH03 TNALH03 Iran Heavy TYALX03 TNALX03 Iran Light TYAMF03 TNAMF03 Kuwait TYAMZ03 TNAMZ03 Statfjord TYASF03 TNASF03 Urals TYATP03 TNATP03

Italy Daily visbreak visbreak visbreak Crude yield netback margin Arab Heavy TYABF00 TNABF00 TNABFMR Arab Light TYACD00 TNACD00 TNACDMR Arab Medium TYADJ00 TNADJ00 TNADJMR Azeri Light TYAEH00 TNAEH00 TNAEHMR Basrah Light TYAFZ00 TNAFZ00 TNAFZMR Es Sider TYAKF00 TNAKF00 TNAKFMR Iran Heavy TYAMB00 TNAMB00 TNAMBMR Iran Light TYAMJ00 TNAMJ00 TNAMJMR Kirkuk TYAMW00 TNAMW00 TNAMWMR Saharan Blend TYARQ00 TNARQ00 TNARQMR Suez Blend TYAUP00 TNAUP00 TNAUPMR Urals TYATT00 TNATT00 TNATTMR Zuetina TYAUN00 TNAUN00 TNAUNMR

Italy Weekly visbreak visbreak Crude yield netback Arab Heavy FYABF00 FNABF00 Arab Light FYACD00 FNACD00 Arab Medium FYADJ00 FNADJ00 Azeri Light FYAEH00 FNAEH00 Basrah Light FYAFZ00 FNAFZ00 Es Sider FYAKF00 FNAKF00 Iran Heavy FYAMB00 FNAMB00 Iran Light FYAMJ00 FNAMJ00 Kirkuk FYAMW00 FNAMW00 Saharan Blend FYARQ00 FNARQ00 Suez Blend FYAUP00 FNAUP00 Urals FYATT00 FNATT00 Zuetina FYAUN00 FNAUN00

Italy Monthly visbreak visbreak Crude yield netback Arab Heavy TYABF03 TNABF03 Arab Light TYACD03 TNACD03 Arab Medium TYADJ03 TNADJ03 Azeri Light TYAEH03 TNAEH03 Basrah Light TYAFZ03 TNAFZ03 Es Sider TYAKF03 TNAKF03 Iran Heavy TYAMB03 TNAMB03 Iran Light TYAMJ03 TNAMJ03 Kirkuk TYAMW03 TNAMW03 Saharan Blend TYARQ03 TNARQ03 Suez Blend TYAUP03 TNAUP03 Urals TYATT03 TNATT03 Zuetina TYAUN03 TNAUN03

Singapore Daily visbreak visbreak visbreak Crude yield netback margin Arab Heavy TYABJ00 TNABJ00 TNABJMR Arab Light TYACH00 TNACH00 TNACHMR Arab Medium TYADN00 TNADN00 TNADNMR Attaka TYADZ00 TNADZ00 TNADZMR Das Blend TYDSJ00 TNDSJ00 TNDSJMR Dubai TYAJP00 TNAJP00 TNAJPMR Duri TYAJT00 TNAJT00 TNAJTMR Kuwait TYANH00 TNANH00 TNANHMR Minas TYAPT00 TNAPT00 TNAPTMR Murban TYAQA00 TNAQA00 TNAQAMR Oman TYAQN00 TNAQN00 TNAQNMR Qatar Land TYARC00 TNARC00 TNARCMR Qatar Marine TYARG00 TNARG00 TNARGMR Tapis TYASV00 TNASV00 TNASVMR

Singapore Weekly visbreak visbreak Crude yield netback Arab Heavy FYABJ00 FNABJ00 Arab Light FYACH00 FNACH00 Arab Medium FYADN00 FNADN00 Attaka FYADZ00 FNADZ00 Das Blend FYDSJ00 FNDSJ00 Dubai FYAJP00 FNAJP00 Duri FYAJT00 FNAJT00 Kuwait FYANH00 FNANH00 Minas FYAPT00 FNAPT00 Murban FYAQA00 FNAQA00 Oman FYAQN00 FNAQN00 Qatar Land FYARC00 FNARC00 Qatar Marine FYARG00 FNARG00 Tapis FYASV00 FNASV00

Singapore Monthly visbreak visbreak Crude yield netback Arab Heavy TYABJ03 TNABJ03 Arab Light TYACH03 TNACH03 Arab Medium TYADN03 TNADN03 Attaka TYADZ03 TNADZ03 Das Blend TYDSJ03 TNDSJ03 Dubai TYAJP03 TNAJP03 Duri TYAJT03 TNAJT03 Kuwait TYANH03 TNANH03 Minas TYAPT03 TNAPT03 Murban TYAQA03 TNAQA03 Oman TYAQN03 TNAQN03 Qatar Land TYARC03 TNARC03 Qatar Marine TYARG03 TNARG03 Tapis TYASV03 TNASV03