0 2018F 2019F 50.00 51.00 Brent Crude Oil ($m) 47.00 50.00 50.00 50.00 49.00 54.00 55.00 52.00 53.00 US NY Harbor ULSO (HO) Cracks to Brent Crude Oil 12.10 13.60 12.50 US RBCO Cracks to Brent Crude Oa (Shbi) 12.20 6.60 11.50 USGC 1% Residual Cracks to Brent Crude Oil 151t4) (10.50) (10.

9.81/ barrel Dec 2010 90.83/ barrel Dec 2011 99.02/ barrel CITI Group has raised its Crude oil target price for 2012 The CITI Group now expects Brent Crude Oil to trade in a range of $100- $120 and to average $110 for 2012 The analysts also believe that the following factors can push up the oil prices in 2