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18Mar11 -PLATTS: 6--PlattsSingapore Products Assessments - 18Mar11

Singapore (Platts)--18Mar11/0723 am EDT/ 1123 GMT

                 FOBSingapore       MOPS Strip    Spot Prem/Disc

Mogas 97 unl     +123.43-123.47+                     16.18/16.22  *

Mogas 95 unl     +122.10-122.14+                     14.85/14.89  *

Mogas 92 unl     +119.97-120.01+                     12.72/12.76  *

Mogas 92 unl                      +119.73-119.77+     0.22/0.26   **

Naphtha          +108.02-108.06+  +107.23-107.27+

Spot Phy naphtha +107.43-107.47+                      0.15/0.25

Kero             +134.63-134.67+  +134.43-134.47+     0.18/0.22

Gasoil 10ppm     +137.98-138.02+                      4.48/4.52   ***

Gasoil 50ppm     +137.08-137.12+                      3.58/3.62   ***

Gasoil 0.05% S   +135.48-135.52+                      1.98/2.02   ***

Gasoil 0.25% S   +134.78-134.82+                      1.28/1.32   ***

Gasoil Reg 0.5%  +133.53-133.57+  +133.48-133.52+     0.03/0.07

*=Diff to Naphtha MOPS strip   **=Diff to Mogas 92 unl MOPS strip

***=Diff to Gasoil Reg 0.5% MOPS Strip

Spore Fuel/LSWR: p42. Arab Gulf/Japan Products: p43. Spore paper quotes: p209

--Platts Global Alert--

Friday, 18 March 2011 18:23:21PLTS [nPtGHJTZa ] {C}ENDS

18:23 18Mar11 -PLATTS: 42--PlattsSingapore Fuel/LSWR Assessments - 18Mar11

Singapore (Platts)--18Mar11/0723 am EDT/ 1123 GMT

                  Singapore       MOPS Strip    Spot Prem/Disc***

Demurrage Clean 16000.00

MTBE             +1097.00-1099.00+

FO 180 CST 2%    +663.00-663.04+

HSFO 180 CST     +653.50-653.54+ +649.60-649.64+     3.88/3.92

HSFO 380 CST     +638.26-638.30+ +635.01-635.05+     3.23/3.27   **

Demurrage Dirty 21000.00

Ex-Wharf 180 CST +661.00-662.00+

Ex-Wharf 380 CST +646.50-647.50+

LSWR Mixd/Crackd +104.18-104.22+                     1.48/1.52   *

LSWR             +103.18-103.22+

*=Assessment is FOBIndonesia, Prem/Disc to Pertamina Mixed-Cracked Formula

**=FOBSingapore basis

***=Prem/Disc to MOPSingapore

Spore paper quotes: p209

--Platts Global Alert--

Friday, 18 March 2011 18:23:22PLTS [nPtGHJUAa ] {C}ENDS

18:25 18Mar11 - 43--Platts AG/Japan Products Assessments - 18Mar11                             

43--Platts AG/Japan Products Assessments - 18Mar11                              

Singapore (Platts)--18Mar11/0723 am EDT/ 1123 GMT                              

                   FOBArabGulf  Premium/Discount*    C+F Japan               

Mogas UNL                                             +121.94-121.98+           

Mogas 95 RON unl  +119.59-119.63+    1.00/1.04        +124.07-124.11+           

                                     2.34/2.38   **                             

Naphtha LR2       +954.67-957.92+                                              

Naphtha           +950.00-953.25+   18.75/19.25       +981.00-984.25+          

Naphtha MOPJ Strip                   3.88/4.38   ***   978.25-978.75           

Nph 1st 1/2 May                                       +987.25-987.75+          

Nph 2nd 1/2 May                                       +983.75-984.25+          

Nph 1st 1/2 Jun                                       +981.00-981.50+          

*  = Premium/Discount toMOPArabGulf                                         

** = Premium/Discount on C+F Middle East basis                                 

***= Premium/Discount on MOPJ Strip                                            

   (Singapore Products: p6, 42//freight netback: p332)   Cont'd p449           

Begins              --Platts Global Alert--                Cont

Friday, 18 March 2011 18:25:24PLTS [nPL1879B8 ] {C}ENDS

18:25 18Mar11 - 449--Platts AG/Japan Products Assessments - 18Mar11                            

449--Platts AG/Japan Products Assessments - 18Mar11                             

Singapore (Platts)--18Mar11/0723 am EDT/ 1123 GMT                              

                     FOBArabGulf   Premium/Discount*    C+F Japan            

Kero                +132.39-132.43+     1.73/1.77       +135.79-135.83+         

Kero LR2            +132.60-132.64+                                             

Gasoil 0.005% S     +135.11-135.15+     4.93/4.97                               

Gasoil 0.05% S      +133.51-133.55+     3.33/3.37                               

Gasoil 0.25% S      +132.26-132.30+     2.08/2.12                               

Gasoil              +131.16-131.20+     0.98/1.02       +138.31-138.35+***      

Gasoil LR2          +131.38-131.42+                                             

HSFO 180 CST        +638.14-638.18+    12.50/13.00      +667.08-667.12+         

HSFO 380 CST        +622.91-622.95+    12.50/13.00                              

HSFO 180/380 Spread  -15.26--15.22 **                                           

*=Premium/Discount toMOPArabGulf                                             

**=Differential toFOBArabGulf HSFO 180 CST.                                  

***=C+F Japan Gasoil is 50ppm Sulfur beginning Apr 1 2005.                     

(freight netback: p332)                              (Cont'd from p43)         

Begins              --Platts Global Alert