SUBSCRIBER NOTE: Platts proposes to reflect Tangier in Med oil assessments

Platts proposes to reflect bids, offers and trades into the North Africa port of Tangier Med, Morocco, in its European Market on Close assessment process for oil products, effective January 2, 2014. Under Platts methodology, certain approved alternative locations to the basis assessment port for many oil product assessments may be bid and offered during the Market on Close assessment process. Platts may normalize bids, offers or trades that include the port of Tangier Med as their basis location or as a charter party option, which reflects Platts current assessment standards of non-basis locations and non-standard charter party options. If approved, the Tangier Med basis location would be subject to the same performance requirements as other ports already reflected in Platts assessment process. Please send any questions or comments by December 20, 2013, to europe_products@platts.com, with a CC to 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.