RISK DISCLAIMER:

Trading futures contracts, swaps contracts and options thereof (collectively "Commodities Interests") and physically settled commodities involve risk of loss and are not appropriate for everyone. Past performance is not indicative of future performance.

Any market research, price reports, recommendations or other market information related to Commodity Interests and/or physically settled commodities (collectively “Market Information”) that is communicated (to you) and developed by Starfuels Inc, Starfuels PTE Ltd, Starfuels Commodities Ltd, Starcommodities Inc and/or Starfuels Energy Ltd (collectively "Starfuels"): (i) is based upon information obtained from sources believed by Starfuels to be reliable; (ii) is based solely on the opinion of Starfuels; (iii) may be incomplete; and/or (iv) may be unverified. Starfuels makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any Market Information furnished to you, whether developed by Starfuels or any third party. Changes in market conditions may affect the Market Information. Market Information may include data that does not account for transaction costs, such as commissions, or slippage. Therefore, actual trades made in reliance on any Market Information will result in transaction costs and may incur slippage, which may adversely affect the value of the trade. Any communication by Starfuels that contains Market Information, whether developed by Starfuels or any third party, is a solicitation to enter into a Commodity Interest transaction.

With respect to any Commodity Interest and/or physically settled commodity transaction executed and/or facilitated, as applicable, through Starfuels: (i) Starfuels acts only as agent on your behalf and not principal, risk-less or otherwise; (ii) until such time that your Starfuels representative has received a binding authorization from a counterparty to execute and/or facilitate, as applicable, a particular Commodity Interest and/or physically settled commodity transaction, as applicable, any trade or deal related information communicated to you by your Starfuels representative: (a) represents an indication of interest; and (b) may or may not reflect actual trade related information available to you.