RBOB Change Gulf CBOB Change Group Sub NL Change Gulf Basis Group Basis RBOB Technicals 1/2 $1.7849 -$0.0143 $1.7308 -$0.0143 $1.7045 -$0.0153 (0.0546) $ (0.0807) $ Indicator Direction Resistance 12/29 $1.7992 $0.0062 $1.7451 $0.0008 $1.7198 $0.0028 (0.0541) $ (0.0795) $ MACD Neutral 1.8402 November High 12/28 $1.7930 $0.0015 $1.7443 -$0.0037 $1.7170 $0.0090 (0.0487) $ (0.0761) $ Stochastics Topping 1.8099 December High 12/27 $1.7915 $0.0049 $1.7480 -$0.0002 $1.7080 $0.0037 (0.0435) $ (0.0836) $ RSI Topping 1.6438 December Low 12/26 $1.7866 $0.0243 $1.7482 $0.0193 $1.7043 $0.0280 (0.0384) $ (0.0823) $ ADX Neutral 1.6631 200 Day MA 12/22 $1.7623 $0.0147 $1.7289 $0.0021 $1.6763 -$0.0071 (0.0335) $ (0.0861) $ Momentum Topping Support 12/21 $1.7476 $0.0123 $1.7268 $0.0291 $1.6834 -$0.0084 (0.0209) $ (0.0642) $ Bias: Neutral 12/20 $1.7353 $0.0387 $1.6977 $0.0461 $1.6918 $0.0425 (0.0376) $ (0.0436) $ 12/19 $1.6966 $0.0241 $1.6516 $0.0303 $1.6493 $0.0396 12/18 $1.6725 $0.0177 $1.62 $0.0340 $1.6097 $0.0335 12/15 $1.6548 -$0.0159 $1.59 -$0.0159 $1.5763 -$0.0147 12/14 $1.6707 $0.0240 $1.60 $0.0290 $1.5909 $0.0315 12/13 -$0.0547 12/12 -$0.0302 12/11 $0.0025 12/8 $0.0029 12/7 $0.0341 12/6 -$0.0450 12/5 $0.0350 12/4 $1.6493 ULSD (HO) Change Gulf Ulsd Change Group Ulsd Change Gulf Basis Group Basis HO Technicals 1/2 $2.0676 -$0.0079 $1.9668 -$0.0079 $1.9797 -$0.0089 (0.1014) $ (0.0881) $ Indicator Direction Resistance 12/29 $2.0755 $0.0234 $1.9747 $0.0089 $1.9886 $0.0161 (0.1009) $ (0.0869) $ MACD Bullish 2.3514 Feb 2015 High 12/28 $2.0521 $0.0119 $1.9558 $0.0046 $1.9725 $0.0080 (0.0963) $ (0.0796) $ Stochastics Bullish 2.0906 2018 High 12/27 $2.0402 $0.0017 $1.9511 -$0.0047 $1.9645 -$0.0054 (0.0891) $ (0.0758) $ RSI Neutral 1.8597 Dec Low 12/26 $2.0385 $0.0691 $1.9558 $0.0661 $1.9699 $0.0578 (0.0827) $ (0.0687) $ ADX Bullish 1.838 November Low 12/22 $1.9694 $0.0192 $1.8897 $0.0292 $1.9121 $0.0201 (0.0797) $ (0.0573) $ Momentum Bullish Support 12/21 $1.9502 $0.0060 $1.8605 $0.0085 $1.8920 $0.0123 (0.0897) $ (0.0582) $ Bias: Bullish 12/20 $1.9442 $0.0043 $1.8520 -$0.0020 $1.8797 $0.0057 12/19 $1.9399 $0.0147 $1.85 $0.0210 $1.8740 $0.0027 12/18 $1.9252 $0.0217 $1.83 $0.0107 $1.8713 $0.0399 12/15 -$0.0084 12/14 $0.0162 12/13 -$0.0330 12/12 -$0.0195 12/11 12/8 12/7 12/6 12/5 12/4 12/1 WTI Change Brent Change Group / WCS 1/2 $60.36 -$0.06 $66.70 -$0.17 Gulf Gas Gulf Diesel 3/2/1 5/3/2 Gulf Gas Gulf Diesel 3/2/1 5/3/2 3/2/1 12/29 $60.42 $0.58 $66.87 $0.15 $12.87 $22.52 $16.09 $16.73 $6.42 $16.07 $9.64 $10.28 35.33 12/28 $59.84 $0.20 $66.72 $0.28 $13.42 $22.30 $16.38 $16.97 $6.54 $15.42 $9.50 $10.09 35.03 12/27 $59.64 -$0.33 $66.44 -$0.58 $13.78 $22.31 $16.62 $17.19 $6.98 $15.51 $9.82 $10.39 35.63 12/26 $59.97 $1.50 $67.02 $1.77 $13.45 $22.17 $16.36 $16.94 $6.40 $15.12 $9.31 $9.89 36.80 CPL Linespace Line 1 Change Line 2 Change 0.0005 $0.0018 $0.0337 $0.0075 Indicitive forward prices for ULSD at Gulf Coast area origin points. Prices are estimates only. Del. Month Price Differential 3 Mo. Avg 6 Mo. Avg Settle Change Settle Change S&P 500 2,676 -9.75 Ethanol 1.320 Jan-18 $1.9763 -$0.0670 DJIA 24,719 -118.29 NatGas 2.953 0.039 Feb-18 $1.9661 -$0.0470 Nasdaq 6,396 0.23 Gold 1,309 6.2 Mar-18 $1.9481 -$0.0445 $1.9635 Russell 2000 1,549 -13.42 Silver 17.06 0.23 Apr-18 $1.9357 -$0.0420 EUR/USD 1.2030 0.0045 Copper 3.28 -0.029 May-18 $1.9291 -$0.0410 USD Index 91.83 -0.27 FCOJ 136.00 Jun-18 $1.9242 -$0.0395 $1.9297 $1.9466 US 10 Year Treasury 124.05 -0.13 Corn 350.75 Jul-18 $1.9200 -$0.0395 Oil Volatility Index 20.71 0.61 Soy 951.75 Aug-18 $1.9169 -$0.0395 S&P Volatiliy Index (VIX) 10.18 0.86 Wheat 427.00 Sep-18 $1.9107 -$0.0445 $1.9159 Ethanol RINs 0.6915 0.001 Oct-18 $1.8972 -$0.0570 Nikkei 225 Index 22,740 -25.00 Butane 1.080 0.005 Nov-18 $1.8764 -$0.0770 German DAX Index 13,048 -189.50 Propane 0.980 0.004 Dec-18 $1.8783 -$0.0670 $1.8840 $1.8999 12 Month Avg $1.9233 -$0.0505 *SOURCES: Nymex, CBOT, NYSE, ICE, NASDAQ, CME Group, CBOE. Prices delayed. Vs Brent Vs WTI $1.55 $1.60 $1.65 $1.70 $1.75 $1.80 12/6 12/8 12/10 12/12 12/14 12/16 12/18 12/20 12/22 12/24 12/26 12/28 RBOB Gulf CBOB Group Sub NL $1.79 $1.84 $1.89 $1.94 $1.99 $2.04 $2.09 12/12 12/14 12/16 12/18 12/20 12/22 12/24 12/26 12/28 ULSD (HO) Gulf Ulsd Group Ulsd $1.85 $1.90 $1.95 $2.00 $2.05 1 4 7 10 13 16 ULSD (HO) Gulf ULSD Disclaimer: The information contained herein is derived from multiple sources believed to be reliable. However, this information is not guaranteed as to its accuracy or completeness. No responsibility is assumed for use of this material and no express or implied warranties or guarantees are ma de. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or reco mmendation to buy or sell products, commodity $1.25 $1.35 $1.45 $1.55 $1.65 $1.75 $1.85 $1.95 $2.05 1 3 5 7 9 11 13 15 RBOB CBOT Ethanol