Important Legal Information
By accessing this site, you agree to the following Terms of Use:

General
This site has been designed for informational purposes only and is subject to change at any time without notice. This site is hosted and operated by Energy.

Worldwide Dealing Restrictions
The information, analysis and opinions provided on this site (collectively the "Material") are not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Prebon to any registration requirement within such jurisdiction or country. Prebon makes no representations that the Material on this site is appropriate for use in all locations, or that transactions, products or services discussed on this site are available or appropriate for sale or use in all jurisdictions, or by all investors or counterparties. Users of this site are responsible for compliance with all local laws and regulations.

The Material
Actionable prices are available only on a real-time expressly agreed-upon basis. The Material is provided for information purposes only, should not be construed as financial, business or other advice and is not intended to be the sole basis of any credit, investment or other evaluation. The Material does not constitute an offer or invitation to enter into any transaction and should not be regarded as a recommendation. Past performance is not a guarantee of future results. Prebon recommends that you obtain professional advice before making an investment decision and any reliance you may place on the Material is entirely at your own risk.

Disclaimer of Warranty and Limitation of Liability
The use of this site is at your own risk. Prebon assumes no responsibility for and, to the fullest extent permitted by any applicable law, makes no warranties that, functions contained on this site will be uninterrupted or error-free, or that any defects will be corrected. Neither Prebon nor any of its directors, officers or employees shall have any liability or responsibility whatsoever arising from your access to, inability to access, or use of this site or its contents.

The contents of this site are provided "AS IS" and, to the fullest extent permitted by any applicable law, are provided without warranty of any kind or responsibility, either expressed or implied, including (without limitation) any warranty or responsibility for

(a) merchantability, satisfactory quality or fitness for a particular purpose, whether related to the Material or otherwise;
(b) the content, quality, suitability, accuracy, reliability, validity, correctness, completeness or timeliness of the Material; or
(c) any decision made or action taken or not taken in reliance on the Material or following the use of this site.

Prebon shall not be liable, to the fullest extent permitted by any applicable law, for any harm caused by the transmission of a computer virus or similar device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner the user's software, hardware, data or property.

Ownership of Site, Copyrights and Trade Marks
Prebon owns and maintains this site and the information and designs on it. Copyright in all Material belongs to Prebon or its licensors. The domain name, trademarks, service marks and logos are protected by intellectual property law. All rights reserved. Nothing on this site shall be construed as granting any license or right to use any image, trademark, service mark or logo.

The contents of this site may not be reproduced, transmitted, displayed, distributed, published or otherwise commercially exploited without the prior written consent of Prebon, except that you may print or download to a local hard disk extracts from these pages for your personal use only.

Anything that you transmit to this site becomes the property of Prebon and may be used by Prebon for any lawful purpose, and may be subject to disclosure as deemed appropriate by Prebon, including to any legal or regulatory authority of competent jurisdiction.

Linked Sites
Links from this site to other Web sites controlled by third parties may be included at times as a convenience. Linking to any such sites is entirely at your own risk. Prebon assumes no responsibility for the content of any linked site or any link contained therein and does not approve or endorse any linked site.

EU Commerce Directive
Under the newly implemented EU Electronic Commerce Directive ("e-commerce"), we are required to make certain disclosures to recipients of relevant e-commerce communications and services provided by entities incorporated in the UK and the EU. If you are in doubt about which company you are dealing with in relation to a particular service or communication then please contact the Tullett Prebon Compliance Dept. Persons accessing this site are required to keep themselves informed of and observe any relevant restrictions. This website is protected by copyright, data base and other intellectual property rights. Prebon retains all rights in respect of its website.

Prebon Energy
Prebon Energy is a trading name of Prebon Marshall Yamane (UK) Limited (“PMYUK”). PMYUK is authorised and regulated by The Financial Services Authority for the conduct of investment business in the United Kingdom.

Please see www.prebon.com for more information.