Cost of Production Fell as Feedstock Prices Dropped

Monthly Output up 120,000 b/d from June

Advance Estimates Suggest a 2H July Cane Crush of 47.27 Million mt in Brazil's Center-South

Growth slows from previous three months as gas oil, jet fuel demand contracted

Production From These Two Prolific Shale Plays up 14% Versus June 2014

Northeast Asian price decline slows to 34.9% year over year

Advance Estimates Suggest a 1H July Cane Crush of 31.29 Million mt in Brazil's Center-South

Production Averaged 72 Bcf/d in June, Down Less than 1% from May