SUBSCRIBER NOTE: New European 2013 Fuel Oil flat rates

Effective January 2, 2013, the Worldscale flat rate used to calculate the netback formulas for FOB Med 1% and 3.5% fuel oil will be $8.33/mt. Unless otherwise proved, for the CIF NWE 1% fuel oil the Worldscale flat rate used to calculate the netback formulas will be $7.25/mt, and for FOB NWE 3.5% fuel oil the Worldscale flat rate will be $8.79/mt. Comments please to europe_products@platts.com with a CC to pricegroup@platts.com.