| Notice to Members |
| Notice No. 65 02/01/2006 |
| ) Clarification: Pricing Methodology for European Crack and Spread Swaps Contracts Listed on NYMEX ClearPort |
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Effective on February 1, 2007, the following European crack and spread swap contracts will utilize “Non-Common” pricing as the basis of the final settlement price for the January 2007 contract month and beyond: Symbol Contract Name BK WTI-Brent (ICE) Calendar Swap FI 1% Fuel Oil NWE Crack Spread Swap FL 3.5% Fuel Oil FOB MED Crack Spread Swap FO 3.5% Fuel Oil Rdam Crack Spread Swap FK 3.5% Fuel Oil Rdam vs. 3.5% FOB MED Spread Swap RG European Argus Gasoline Crack Spread Swap EX European Gasoil 0.2 CIF MED vs. Gasoil Futures Swap EC European Gasoil 0.2 CIF NWE vs. Gasoil Futures Swap EF European Gasoil 0.2 FOB MED vs. Gasoil Futures Swap EI European Gasoil 0.2 Rdam Barges vs. Gasoil Futures Swap ET European Gasoil 10PPM Rdam Barges vs. Gasoil Futures Swap GZ European Gasoil Crack Spread Swap JC European Jet CIF NWE vs. Gasoil Futures Swap JR European Jet Rdam Barges vs. Gasoil Futures Swap EN European Naphtha Crack Spread Futures EP European Platts Gasoline MED Crack Spread Swap EE European ULSD 50PPM CIF MED vs. Gasoil Futures EY European ULSD 50PPM CIF NWE vs. Gasoil Futures EO European ULSD 50PPM FOB MED vs. Gasoil Futures HA Heating Oil Arb Swap: NYMEX HO v. Rdam Gasoil FS High-Low Sulfur Fuel Oil Spread Swap EW East-West Fuel Oil Spread Swap GA Singapore Gasoil v. Rdam Gasoil Swap The Brent-Dubai Swap (code DB) will utilize “Non-Common” pricing effective on March 1, 2007, with the final settlement of the February 2007 contract month. |
| Should you have any questions or require any further information, please contact exchangeinfo@nymex.com |