ARGUS LLS VS. WTI (ARGUS) TRADE MONTH - MARGINS

Exchange Asset Class Spread Products Type Ratio Side Start Period End Period Credit
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2021 06/2021 99%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 01/2022 03/2022
CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES 1 A 09/2021 09/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RB - RBOB GASOLINE FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RT - RBOB GASOLINE FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM DME Products NY-DCD - DUBAI CRUDE OIL (PLATTS) Delta 1 A 07/2021 05/2024 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 08/2021 12/2021
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-27 - RBOB LAST DAY FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-27 - RBOB LAST DAY FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RT - RBOB GASOLINE FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RT - RBOB GASOLINE FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM NGL/PETROCHEMICALS NY-7E - ARGUS PROPAN FAR EST INDEX FUT Delta 1 A 07/2021 05/2025 100%
NY-B0 - PROPANE 5 DECIMAL 12 B 01/2022 05/2022
NY-PMF - MONT BELVIEU LDH PROPANE (OPIS) VS. 1 A 07/2021 06/2025
NYM PETROLEUM CRACKS AND SPREADS NY-5C - CHI ULSD (PLATTS) VS. NY HRBR ULSD Delta 1 A 07/2021 12/2023 99%
REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT 1 A 09/2021 09/2021
REFINED PRODUCTS NY-4C - CHICAGO ULSD (PLATTS) FUT 1 B 07/2021 05/2024
NYM CRUDE OIL NY-WTI - WTI MIDLAND (ARGUS) TRADE MONTH FUT Delta 1 B All dates 85%
CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX 1 A All dates
CRUDE OIL SPREADS NY-TIL - WTL MIDLAND VS. WTI CAL MONTH FUT 1 A All dates
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-27 - RBOB LAST DAY FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RB - RBOB GASOLINE FUTURES 1 A 10/2021 12/2021
NYM DME Products NY-DCD - DUBAI CRUDE OIL (PLATTS) Delta 1 A 07/2021 05/2024 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 01/2022 03/2022
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 A 10/2021 10/2021 85%
REFINED PRODUCTS NY-MM - NY HARBOR RESIDUAL FUEL 1.0% S FUT 1 B 07/2021 09/2025
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-RB - RBOB GASOLINE FUTURES 1 A 10/2021 12/2021
NYM REFINED PRODUCTS NY-GE - GULF COAST JET FUEL CLNDR FUT Delta 1 A 06/2021 06/2021 85%
NY-LY - GULF COAST ULSD CALENDAR FUT 1 B 06/2021 06/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 A 11/2021 11/2021 85%
NY-UB - EUROPE DATED BRENT FUT 1 B 07/2021 05/2027
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2021 06/2021 99%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 08/2021 12/2021
CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES 1 A 09/2021 09/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 A 11/2021 11/2021 85%
NY-UB - EUROPE DATED BRENT FUT 1 B 07/2021 05/2027
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 11/2021 11/2021 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 A 01/2022 03/2022
NYM DME Products NY-OQ - DME OMAN CRUDE OIL Delta 1 B 09/2021 12/2026 85%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 12/2021 12/2021
NYM CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES Delta 1 B 11/2021 11/2021 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 A 01/2022 03/2022
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 11/2021 11/2021 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 A 01/2022 03/2022
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-23 - NY HRBR ULSD LST DAY FIN FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-23 - NY HRBR ULSD LST DAY FIN FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT 1 A 08/2021 08/2021
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2021 06/2021 99%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 08/2021 12/2021
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 09/2021 09/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-MP - NY HRBR ULSD FIN FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-BH - NY HRBR ULSD BULL FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-BH - NY HRBR ULSD BULL FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-MP - NY HRBR ULSD FIN FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-BH - NY HRBR ULSD BULL FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-MP - NY HRBR ULSD FIN FUT 1 A 08/2021 08/2021
NYM CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES Delta 1 B 08/2021 08/2021 85%
REFINED PRODUCTS NY-23 - NY HRBR ULSD LST DAY FIN FUT 1 A 08/2021 08/2021
NYM REFINED PRODUCTS NY-H5F - USGC MARINE FUEL 0.5% (PLATTS) FUT Delta 1 A 07/2021 12/2024 85%
NY-HO - NY HARBOR ULSD FUT 1 B 07/2022 06/2023
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2021 06/2021 99%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 04/2022 05/2024
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 09/2021 09/2021
NYM DME Products NY-ODO - DME OMAN CRUDE CAL FUT Delta 1 B 07/2021 05/2024 85%
NY-OQ - DME OMAN CRUDE OIL 1 A 09/2021 12/2026
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 A 01/2022 03/2022
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RB - RBOB GASOLINE FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RB - RBOB GASOLINE FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT Delta 1 A 12/2021 12/2021 85%
NY-UB - EUROPE DATED BRENT FUT 1 B 07/2021 05/2027
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-27 - RBOB LAST DAY FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM DME Products NY-OQ - DME OMAN CRUDE OIL Delta 1 B 09/2021 12/2026 85%
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 01/2022 01/2022
NYM PETROLEUM CRACKS AND SPREADS NY-1NB - SPORE MOGAS92 UNLD BRENT SPRD FUT Delta 1 A 06/2021 06/2021 99%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 B 01/2022 03/2022
CRUDE OIL NY-BZ - BRENT LAST DAY CONTRACT 1 A 09/2021 09/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 A 12/2021 12/2021 85%
NY-UB - EUROPE DATED BRENT FUT 1 B 07/2021 05/2027
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RT - RBOB GASOLINE FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RT - RBOB GASOLINE FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RT - RBOB GASOLINE FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RT - RBOB GASOLINE FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RB - RBOB GASOLINE FUTURES 1 A 10/2021 12/2021
NYM PETROLEUM CRACKS AND SPREADS NY-ME - GLFCST JET PLATTS UP/DN FUT Delta 1 B 07/2021 12/2024 85%
REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT 1 B 07/2023 01/2025
REFINED PRODUCTS NY-LY - GULF COAST ULSD CALENDAR FUT 1 A 07/2021 12/2024
NYM CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RB - RBOB GASOLINE FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-BB - BRENT FINANCIAL FUTURES Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 A 01/2022 03/2022
NYM PETROLEUM CRACKS AND SPREADS NY-5C - CHI ULSD (PLATTS) VS. NY HRBR ULSD Delta 1 A 07/2021 12/2023 99%
REFINED PRODUCTS NY-4C - CHICAGO ULSD (PLATTS) FUT 1 B 07/2021 05/2024
REFINED PRODUCTS NY-HO - NY HARBOR ULSD FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-26 - CRUDE OIL LAST DAY FINANCIAL FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-RL - RBOB CALENDAR FUT 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CL - CRUDE OIL FUTURE NYMEX Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-27 - RBOB LAST DAY FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CS - WTI CALENDAR FUT Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-27 - RBOB LAST DAY FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM CRUDE OIL NY-CY - BRENT FINANCIAL FUTURES Delta 1 B 12/2021 12/2021 85%
REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT 1 A 01/2022 03/2022
NYM CRUDE OIL NY-WS - CRUDE OIL BULLET FUTURES Delta 1 B 01/2022 01/2022 85%
REFINED PRODUCTS NY-27 - RBOB LAST DAY FINANCIAL FUTURES 1 A 10/2021 12/2021
NYM REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT Delta 1 A 01/2022 03/2022 85%
NY-MP - NY HRBR ULSD FIN FUT 1 B 07/2022 06/2023
NYM REFINED PRODUCTS NY-1N - MOGAS92 UNLEADED (PLATTS) FUT Delta 1 A 01/2022 03/2022 85%
NY-23 - NY HRBR ULSD LST DAY FIN FUT 1 B 07/2022 06/2023