Chevron
North America Crude Oil Marketing - June 2016 Summary East of the Rockies Bulletins 16-E104 to 16-E125, with Monthly Averages

Chevron has changed its posted prices as shown below:

Effective 7:00 a.m. on the date(s) indicated, and subject to change without notice and subject to the terms and conditions of its division orders or other contracts, Chevron will pay the following prices ($/bbl) for oil at 40.0° API and above, except as noted below, delivered into pipelines for its account into the custody of its authorized carrier or receiving agent. The posted prices for crude oil transported by truck or barge will be the following prices less appropriate trucking or barge cost. The posted prices for crude oil received off shore will be the following prices less appropriate transportation and quality costs to get the crude on shore. Regarding technical issues of Chevron's most recent posted prices, call Christine Mathwig 832-854-5159.

* Prices are subject to a Gravity Adjustment Scale
East of the RockiesE104
06/01
E105
06/02
E106
06/03
E107
06/06
E108
06/07
E109
06/08
E110
06/09
E111
06/10
E112
06/13
E113
06/14
E114
06/15
E115
06/16
Gvty
Adj*
Altamont Yellow Wax44.2644.4243.8744.9445.6146.4845.8144.3244.1343.7443.2641.46
Rocky Mountain Condensate39.5139.6739.1240.1940.8641.7341.0639.5739.3838.9938.5136.71
Southwest Wyoming Sweet45.2645.4244.8745.9446.6147.4846.8145.3245.1344.7444.2642.46
Uinta Basin Black Wax43.2643.4242.8743.9444.6145.4844.8143.3243.1342.7442.2640.46
Western Colorado40.5140.6740.1241.1941.8642.7342.0640.5740.3839.9939.5137.71
East of the RockiesE116
06/17
E117
06/20
E118
06/21
E119
06/22
E120
06/23
E121
06/24
E122
06/27
E123
06/28
E124
06/29
E125
06/30
 Gvty
Adj*
Mthly
Avg
Altamont Yellow Wax43.2344.6244.1044.3845.3642.8941.5843.1045.1343.58 43.9630
Rocky Mountain Condensate38.4839.8739.3539.6340.6138.1436.8338.3540.3838.83 39.2130
Southwest Wyoming Sweet44.2345.6245.1045.3846.3643.8942.5844.1046.1344.58 44.9630
Uinta Basin Black Wax42.2343.6243.1043.3844.3641.8940.5842.1044.1342.58 42.9630
Western Colorado39.4840.8740.3540.6341.6139.1437.8339.3541.3839.83 40.2130
Note: Prices in $/bbl

Measurement
The prices are based upon computation of quantities by mutually acceptable automatic measuring equipment in accordance with provisions of API Standard 1101 or from 100% tank tables with corrections of volume and gravity for temperature to 60°F in accordance with ASTM D-1250 and supplements thereto, if any, and with deductions for full sediment, water and other impurities. Only merchantable oil acceptable to the receiving agency designated by Chevron and containing not more than 1% sediment and water will be accepted.

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