ze datawatch - march 2012

8/2/2019 ZE DataWatch - March 2012

1/22

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2/22

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3/22

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http://www.argusmedia.com/About-Argus/Press-Releases/2012/Russian-Netbackshttp://www.argusmedia.com/About-Argus/Press-Releases/2012/Russian-Netbackshttp://www.argusmedia.com/About-Argus/Press-Releases/2012/Russian-Netbackshttp://www.argusmedia.com/About-Argus/Press-Releases/2012/Russian-Netbackshttp://www.cmegroup.com/trading/energy/refined-products/gasoline-10-ppm-platts-fob-med-crack-spread-swap-futures_contract_specifications.htmlhttp://www.cmegroup.com/trading/energy/refined-products/gasoline-10-ppm-platts-fob-med-crack-spread-swap-futures_contract_specifications.htmlhttp://www.cmegroup.com/trading/energy/refined-products/singapore-fuel-oil-180-cst-vs-380-cst-spread-platts-balmo-swap-futures_contract_specifications.htmlhttp://www.cmegroup.com/trading/energy/refined-products/singapore-fuel-oil-180-cst-vs-380-cst-spread-platts-balmo-swap-futures_contract_specifications.htmlhttps://www.theice.com/publicdocs/clear_europe/circulars/C12011_att1.pdfhttp://ir.theice.com/releasedetail.cfm?ReleaseID=653035http://ir.theice.com/releasedetail.cfm?ReleaseID=653035https://www.theice.com/publicdocs/clear_europe/circulars/C12011_att1.pdfhttp://www.cmegroup.com/trading/energy/refined-products/singapore-fuel-oil-180-cst-vs-380-cst-spread-platts-balmo-swap-futures_contract_specifications.htmlhttp://www.cmegroup.com/trading/energy/refined-products/gasoline-10-ppm-platts-fob-med-crack-spread-swap-futures_contract_specifications.html


7/22

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8/22

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9/22

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10/22

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17/22

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18/22

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Pbg ig ~fg|% iopw|oe ao} oi` bgop |opg jf|o|` oi` zfeophehpx mw|zg} ~|fzh`g ko|cgp~o|phmh~oip} hpb m|hphmoe opo pbop moi }w~~f|p p|o`g% |h}c oi` gi` fj ox ~|fmg}}g}) Pbg}gmw|zg} moi lg owpfkophmoeex ~f~weopg` hi TGKO oi` o|g hkkg`hopgex ommg}}hleg jf| oioex}oi` phkgex ozoheolhehpx pf GP\K }x}pgk}) TGKO omp} o} pbg ~g|koigip |g~f}hpf|x jf| pbg mwoi` oee fpbg| kh}}hfi m|hphmoe ko|cgp òpo)

Pbg glhio| hee jgopw|g o `gpoheg` |gzhg fj pbg O|aw} mw|zg ~|f`wmp} oi` `gkfi}p|

pbg jwimphfioehpx fj TGKO) Pbg jomwepx himew`g} Oe feeo|`% Z^ \h}c Koioagkgip

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+ Mf||geophfi Mw|zg}

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+ O~~ehmophfi} fj Jf|o|` Mw|zg}

+ TGKO o} o @opo Oaa|gaophfi Pffe

+ Kgpbf`} jf| @opo Oioex}h}

+ Lw}hig}} ^|fmg}} Owpfkophfi W}hia TGKO

+ W}hia TGKO jf| Mw|zg Zh}woehtophfi oi` Mfi}p|wmphfi

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Oagiò Mfipomp}

TG

Ohkoi Ge+\okex% Mbhgj ]p|opgax Fjjhmg|ohkoiNtg)mfk

Qoegg` Ge+\okex% Mbhgj F~g|ophia Fjjhmg|oegg`Ntg)mfk

Jf| kf|g ~|f`wmp hijf|kophfi ~ego}g zh}hp4)tg)mfk
https://www3.gotomeeting.com/register/752835774https://www3.gotomeeting.com/register/752835774http://www.ze.com/


19/22

tg opoqopmb Ko|mb ?< Hi @g

Lomc pf ]wkko|x

Lx Feao Af|}pgicf oi` Xh+Dgia B

Mfkkf`hphg} oi` Gig|ax Ko|cgp @opo Gkg|ahia Gmfifkhg}4 Eophi Okg|hm

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Okg|hmo)

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ô|p Fig4 Gmfifkhm} oi` P|o

Egjp a|o~b4 ]fwpb Okg|hmo} igp mfkkf`hphg} gr~f|p "|g` `fp a|o~b

zoewg orh}( him|go}g` j|fk olfwp :' fj A@^ `w|hia pbg 1>} pf ?>' hi )


20/22

g opoqopmb Ko|mb ?< Hi @g

Lomc pf ]wkko|x

Mfkkf`hphg} oi` Gig|ax Ko|cgp @opo hi Gkg|ahia Gmfifkhg}4 Eophi Okg|

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O} Kgrhmf} gmfifkx `hzg|}hjhg` fzg| phkg% hp} igp gig|ax gr~`gm|go}g` j|fk 7>' hi pbg 2>} pf ?7' hi ?> mfk~|h}hia 0' fj A@^pbg 2>} oi` ?' hi ?>)

L|othe% fig fj pbg kf}p gzgef~g` |gahfioe gmfifkhg}% bo} ifp lggi |gexkwmb fi gr~f|phia mfkkf`hphg} hpb igp gr~f|p} ifp gzg| |gombhia 7'A@^) Pbg `g~gi`gimg fi oa|hmwepw|g bo} lggi |g~eomg` hpb bhagr~f|p} fj kgpoe} oi` gig|ax) Bozhia |gmgipex ko`g zo}p fhe `h}mfzg|L|othe h} gr~gmpg` pf lgmfkg o aefloe kodf| fhe ~|f`wmg| oi` gr~f|pg| hi igo|g}p jwpw|g)

Mbheg bo} |gkohig` o kgpoe igp gr~f|pg| fzg| pbg eo}p jhjpx xgo|} hpb kommfwiphia jf| olfwp 2>' fj pfpoe gr~f|p} fj aff`} oi` }g|zhmg})

Mbheg bo} lggi gkfi}p|ophia o bhabg| ga|gg fj mfkkf`hpx g~gi`gihpb kgpoe} okfwiphia pf ' fj A@^ hi ?>)

Mfefklho bo} }bhjpg` hp} jfmw} fzg| pbg eo}p jhzg `gmo`g} j|fk lghia ooa|hmwepw|oe gr~f|pg| hi ?81>2> pf lghia o igp gr~f|pg| fj gig|ax?88>+?> hpb pbg }bo|g fj gig|ax gr~f|p} him|go}g` j|fk eg}} pboi 7'7>' fzg| pbg }okg phkgj|okg)

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Kgrhmf

L|othe

Mbheg

Mfefklho

Igp Mfkkf hpx Gr~f|p} "' fj A@^( A|f}} Mfkkf hpx Gr~f|p} "'(



]hkheo| pf Mbheg% ^g|w bo} |gpohig` kgpoe} o} hp} mf|g gr~f|p mopgafpb|fwabfwp pbg ~g|hf` wi`g| }pw`x) Kgpoe} bozg mfi}h}pgipex lggi |gpohihio eo|ag }bo|g fj gr~f|p} ommfwiphia% fi ozg|oag% jf| olfwp 0>' fj pfpgr~f|p} fj aff`})

^g|w

tg opoqopmb Ko|mb ?< Hi @g

Mfkkf`hphg} oi` Gig|ax Ko|cgp @opo hi Gkg|ahia Gmfifkhg}4 Eophi Okg|

W|wawox bo} lggi mfi}h}pgipex oi` him|go}hiaex |gexhia fi gr~f|p} fzg| pbeo}p 7> xgo|}) Oihkoe oi` oa|hmwepw|g gr~f|p} `fkhiopg oi` o|g him|go}hi

W|wawox

Pbg oioex}h} fj p|o`hia omphzhphg} }bf} pbop ]fwpb Okg|hmoi iophfi} kohipohi o igp gr~f|pg| }popw} hpb gig|ax oi` kgpoe} him|go}hia pbgh| hk~f|poimg |geopoa|hmwepw|g) Pbh} p|gi` ahzg} pbg}g mfwip|hg} o mfk~gphphzg g`ag o} pbg mfi}poipex a|fhia aefloe `gkoi` jf| gig|ax ~wp} gig|ax ~|f`wmhia mfwip|hg} hi o lmfk~gphphzg }~omg) Mgip|oe Okg|hmo% fi pbg fpbg| boi`% bo} }ggi o |g`wmphfi hi gr~f|p} oi` oi him|go}g hi gig|ax hk~f|p})

Oifpbg| hi`hmopf| fj gr~oi`hia gmfifkhg} h} oi gr~ef}hfi hi pbg ko|cgp mo~hpoehtophfi fj pbg mfk~oihg} eh}pg` fi }pfmc grmboiag} fzg| pbg eo}p jhzg xgo|}) L

} pbg a|o~b }bfhia ozg|oag ko|cgp mo~hpoehtophfi fj mfk~oihg} eh}pg` hi Eophi Okg|hmo }pfmc grmboiag} "P]R o``g` o} mfk~o|h}fi }himg Moio`o h} oi o`zogmfifkx g~gi`gip fi mfkkf`hpx gr~f|p}()

Ojpg| xgo| >2 oi` }wl}gqwgip mfkkf`hpx ~|hmg ojjgmpg` }pfmc grmboiag} }haihjhmoipex3 L|othe} LK*JLFZG] O gr~g|hgimg` pbg eo|ag}p |f~ hi zoewg) Xgp% lx ?>% mfk~oihg} eh}pg` fi Eophi Okg|hmoi grmbobo` }w|ag` hi ko|cgp mo~% hpb L|othehoi mfk~oihg} o|jhia pbgh| Moio`hoi mfwipg|~o|p} eh}pg` fi pbg P]R)

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o aefloe gmfifkhm m|h}h}) Pbh} o} `gkfi}p|opg` hi >2+bgi jhioimhoe pw|kfhe h~g` fwp aefloe `gkoi` jf| aff`}gjjgmphzgex }eo}bg` gr~f|p} jf|mhia pbg Eophi Okg|hmoi A@^pbg igaophzg pg||hpf|x) Bfgzg|% pbh} o} oi grp|of|`hio|x gzFzg|oee% pbg |gahfi bo} lggi fi o |h}g }w~~f|pg` lx o zo}p fj iopw|oe |g}fw|mg} oi` pgmbifefahmoe o`zoimg})

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Igp Mfkkf hpx Gr~f|p} "' fj A@^( A|f}} Mfkkf hpx Gr~f|p} "'(

Qf|e` Jg`g|ophfi fj Grmboiag} Phkg ]g|hg} opo bpp~4&&)f|e`+grmboiag})f|a&}poph}phm}&phkg+}g|hg}

haw|g 04 Ozg|oag Mfk~oix Ko|cgp Mo~hpoehtophfi hi W]@1


22/22

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ze datawatch - march 2012

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