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30

40

50

60

70

80

90

fuel oil 3.5%S

fuel oil 1.0%S

diesel

prem 50ppm

naphtha

Graph 4 South European Market

Mar

Feb

May

Apr

Jul

Jun

Aug

Oct

Nov Dec Jan

Sep

2018

2017

Jan

30

40

50

60

70

80

90

fuel oil 3.0%S

fuel oil 0.3%S LP

jet kero*

gasoil*

reg unl 87

Graph 5 US East Coast Market

Mar

Feb

May

Apr

Jul

Jun

Aug

Oct

Nov Dec Jan

Sep

2018

2017

Jan

30

40

50

60

70

80

90

fuel oil 3.5%S

fuel oil 1%S

jet kero

diesel

regular unleaded

naphtha

Mar

Feb

May

Apr

Jul

Jun

Aug

Oct

Nov Dec Jan

Sep

2018

2017

Jan

55

naphtha

regular

gasoline

unleaded

diesel

ultra light

jet kero

fuel oil

1 per cent S

fuel oil

3.5 per

cent S

2017

January

55.06

73.82

65.60

65.05

50.60

43.03

February

54.82

75.66

66.35

66.13

49.73

43.13

March

50.70

70.06

62.29

62.21

44.86

39.94

April

51.54

75.36

64.21

64.11

46.95

41.71

May

48.43

72.61

61.13

61.11

46.26

40.64

June

44.69

69.62

57.81

57.06

43.95

39.68

July

47.29

70.31

61.17

60.90

45.03

42.23

August

51.00

75.17

65.71

64.70

46.64

44.06

September

55.76

79.57

70.72

71.33

49.82

47.00

October

57.45

76.10

71.36

71.69

50.61

47.35

November

63.44

82.88

78.12

75.35

55.64

51.68

December

63.79

80.40

77.64

76.56

54.46

51.21

2018

January

65.48

85.60

83.10

82.15

57.65

54.41

naphtha

premium

gasoline

50ppm

diesel

ultra light

fuel oil

1 per cent S

fuel oil

3.5 per cent S

2017

January

54.21

66.95

66.54

52.19

45.77

February

54.46

68.26

67.52

50.41

45.75

March

49.55

62.59

63.15

46.24

42.34

April

50.67

67.89

65.24

48.03

43.95

May

47.31

63.74

62.28

47.10

42.85

June

43.57

59.92

58.01

45.56

42.13

July

46.31

61.17

62.06

45.35

43.60

August

50.46

66.85

65.54

46.70

44.94

September

54.97

71.24

71.77

49.97

48.10

October

56.67

68.30

72.03

51.51

48.88

November

62.85

72.97

76.17

56.06

53.14

December

62.72

72.85

77.24

55.51

52.65

2018

January

64.29

78.36

82.91

59.24

55.94

regular

gasoline

unleaded 87

gasoil*

jet kero*

fuel oil

0.3 per cent S

fuel oil

3.0 per cent S

2017

January

67.54

64.13

65.12

59.23

48.51

February

64.75

64.43

67.20

59.44

47.74

March

62.83

60.48

62.20

53.62

44.19

April

67.65

61.79

64.80

55.17

45.96

May

64.47

59.10

60.71

52.99

43.94

June

60.62

54.86

56.52

50.63

41.98

July

65.78

58.03

62.55

53.78

45.17

August

70.86

61.59

69.45

53.97

46.26

September

77.64

68.78

76.57

58.56

48.81

October

71.96

68.26

71.93

59.19

50.31

November

77.29

75.33

77.53

64.25

55.65

December

73.63

77.66

81.35

63.83

54.69

2018

January

80.00

83.24

85.59

70.96

58.29

*

FOB barge spot prices.

Source: Platts. As of January 1, 2016, Argus. Prices are average of available days.

Note: Prices of premium gasoline and diesel from January 1, 2008, are with 10 ppm sulphur content.

Table and Graph 5: US East Coast market — spot cargoes, New York

$/b, duties and fees included

Table and Graph 3: North European market — spot barges, fob Rotterdam

$/b

Table and Graph 4: South European market — spot cargoes, fob Italy

$/b