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The average monthly WTI crude price fell at a more significant rate than the global bunker average during the month of December, according to Bunker Index (BIX) and New York Mercantile Exchange (NYMEX) price data.

The WTI settlement average decreased by $16.17 per barrel, or 21.42 percent, to $59.31 per barrel in December. During the same period, the BIX global bunker average was down $89.61 per tonne, or 13.79 percent, to $560.15 per tonne.

Since December 2013, the WTI monthly average has fallen by $38.58 per barrel, or 39.41 percent, from $97.89 to $59.31 per barrel, whilst the BIX monthly global average has declined by $233.42 per tonne, or 29.41 percent, from $793.57 to $560.15 per tonne.

Please find below tables of monthly WTI crude settlement averages and BIX global bunker averages between January 2011 and December 2014.

Month	WTI Average($/bbl)	+/-	+/-(%)
Dec 2014	59.31	-16.17	-21.42
Nov 2014	75.48	-8.85	-10.49
Oct 2014	84.33	-8.80	-9.45
Sep 2014	93.13	-2.32	-2.43
Aug 2014	95.45	-7.00	-6.83
Jul 2014	102.45	-2.68	-2.26
Jun 2014	105.13	+3.23	+3.17
May 2014	101.90	-0.12	-0.12
Apr 2014	102.02	+1.52	+1.51
Mar 2014	100.50	-0.18	-0.18
Feb 2014	100.68	+5.86	+6.18
Jan 2014	94.82	-3.07	-3.14
Dec 2013	97.89	+4.02	+4.28
Nov 2013	93.87	-6.70	-6.66
Oct 2013	100.57	-5.67	-5.34
Sep 2013	106.24	-0.31	-0.29
Aug 2013	106.55	+2.01	+1.92
Jul 2013	104.54	+8.74	+9.12
Jun 2013	95.80	+1.05	+1.11
May 2013	94.75	+0.68	+0.74
Apr 2013	92.07	-0.91	-0.98
Mar 2013	92.98	-0.39	-0.42
Feb 2013	93.37	-1.52	-1.60
Jan 2013	94.89	+6.64	+7.52
Dec 2012	88.25	+1.49	+1.72
Nov 2012	86.76	-2.81	-3.14
Oct 2012	89.57	-4.99	-5.28
Sep 2012	94.56	+0.39	+0.41
Aug 2012	94.17	+6.24	+7.10
Jul 2012	87.93	+5.53	+6.71
Jun 2012	82.40	-12.32	-13.00
May 2012	94.72	-8.63	-8.35
Apr 2012	103.35	-2.90	-2.73
Mar 2012	106.25	+3.84	+3.75
Feb 2012	102.41	+2.09	+2.08
Jan 2012	100.32	+1.74	+1.77
Dec 2011	98.58	+1.42	+1.46
Nov 2011	97.16	+10.73	+12.41
Oct 2011	86.43	+0.82	+0.96
Sep 2011	85.61	-0.75	-0.87
Aug 2011	86.36	-10.99	-11.29
Jul 2011	97.35	+1.01	+1.05
Jun 2011	96.34	-5.02	-4.95
May 2011	101.36	-8.69	-7.90
Apr 2011	110.05	+7.06	+6.86
Mar 2011	102.98	+12.96	+14.39
Feb 2011	90.03	+0.45	+0.50
Jan 2011	89.58

Month	BIX Average ($/mt)	+/- ($)	+/- (%)
Dec 2014	560.15	-89.61	-13.79
Nov 2014	649.76	-50.57	-7.22
Oct 2014	700.33	-53.49	-7.10
Sep 2014	753.82	-15.61	-2.03
Aug 2014	769.43	-13.33	-1.70
Jul 2014	782.76	-11.05	-1.39
Jun 2014	793.81	+4.76	+0.6
May 2014	789.05	+0.09	+0.01
Apr 2014	788.96	-3.85	-0.5
Mar 2014	792.81	-0.82	-0.1
Feb 2014	793.63	+5.78	+0.7
Jan 2014	787.85	-5.72	-0.7
Dec 2013	793.57	+11.58	+1.48
Nov 2013	781.99	-9.31	-1.18
Oct 2013	791.30	-7.95	-1.0
Sep 2013	799.25	+2.96	+0.4
Aug 2013	796.29	+5.44	+0.7
Jul 2013	790.85	+4.29	+0.5
Jun 2013	786.56	-0.05	-0.006
May 2013	786.61	-4.64	-0.6
Apr 2013	791.25	-25.71	-3.1
Mar 2013	816.96	-27.77	-3.3
Feb 2013	844.73	+21.31	+2.6
Jan 2013	823.42	+19.38	+2.4
Dec 2012	804.04	-6.05	-0.7
Nov 2012	810.09	-23.85	-2.9
Oct 2012	833.94	-19.14	-2.2
Sep 2012	853.08	+20.09	+2.4
Aug 2012	832.99	+47.42	+6.0
Jul 2012	785.57	+10.62	+1.4
Jun 2012	774.95	-70.59	-8.3
May 2012	845.54	-43.51	-4.9
Apr 2012	889.05	-13.09	-1.5
Mar 2012	902.14	+28.38	+3.2
Feb 2012	873.76	+24.73	+2.9
Jan 2012	849.03	+30.85	+3.8
Dec 2011	818.18	-16.64	-2.0
Nov 2011	834.82	+20.21	+2.5
Oct 2011	814.61	-5.29	-0.6
Sep 2011	819.90	+0.52	+0.06
Aug 2011	819.38	-15.42	-1.8
Jul 2011	834.80	+11.61	+1.4
Jun 2011	823.19	+1.11	+0.1
May 2011	822.08	-24.57	-2.9
Apr 2011	846.65	+46.40	+5.8
Mar 2011	800.25	+71.17	+9.8
Feb 2011	729.08	+62.34	+9.3
Jan 2011	666.74	+29.67	+4.7