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Oil

Moscow (Platts)--1 Apr 2015 804 am EDT/1204 GMT
Russia's state-controlled oil giant Rosneft has settled all legal disputes with subsidiary companies of the now defunct Russian oil producer Yukos, with all parties agreeing not to enter such disputes in the future, Rosneft said Wednesday.
Lagos (Platts)--1 Apr 2015 756 am EDT/1156 GMT
* Idled oil projects could be revived * Militant groups welcome Buhari election * Reduced fear of violence in oil-rich Delta The reaction Wednesday from the Nigerian oil industry to the election of former military ruler Muhammadu Buhari has been overwhelmingly positive, with some officials predicting that some suspended oil projects could be revived and even the once-feared militant group MEND, or the Movement for the Emancipation of the Niger Delta, welcoming the result.
Singapore (Platts)--1 Apr 2015 518 am EDT/918 GMT
Saudi Arabia is widely expected to raise its official selling price differentials for crude oil loading in May for Asian buyers, in line with a stronger Dubai market structure as robust refining margins for refiners underpin regional demand, traders said this week.
Hanoi (Platts)--1 Apr 2015 423 am EDT/823 GMT
South Korea's imports of crude oil climbed 6.5% year on year in March, the fifth consecutive month of year-on-year growth as local refiners sought to buy more to take advantage of a contango in the market.
Houston (Platts)--31 Mar 2015 542 pm EDT/2142 GMT
Chicago blendstock fell more than 10 cents/gal Tuesday on refiner selling linked to differences in summer gasoline specifications in the Midwest states.
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Natural Gas

London (Platts)--1 Apr 2015 811 am EDT/1211 GMT
Dutch and German short-dated prices showed some upward movement Wednesday morning despite healthy supplies, as they were pushed up by a bullish UK NBP equivalent.
Tokyo (Platts)--1 Apr 2015 523 am EDT/923 GMT
Japan's Toho Gas plans to use 3.08 million mt of LNG in the fiscal year to end March 2016, up 3.3% year on year, the gas utility said Tuesday, March 31.
Washington (Platts)--31 Mar 2015 506 pm EDT/2106 GMT
Natural gas production in the Lower 48 states totaled 82.23 Bcf/d in January, 1.2 Bcf/d, or 1.4%, from revised December 2014 output of 83.43 Bcf/d, the Energy Information Administration said Tuesday.
London (Platts)--31 Mar 2015 756 am EDT/1156 GMT
An unplanned outage occurred at Centrica's UK North Morecambe gas sub-terminal (Barrow) Monday evening, the company said.
Jakarta (Platts)--31 Mar 2015 538 am EDT/938 GMT
Japan's Inpex plans to triple the capacity of its proposed floating LNG plant at Indonesia's offshore Masela block to 7.5 million mt/year, from 2.5 million mt/year originally, as recoverable gas reserves are likely to increase, an official at upstream regulator SKK Migas said Tuesday, March 31.
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Electric Power

London (Platts)--1 Apr 2015 901 am EDT/1301 GMT
UK day-ahead power contracts rose sharply on Wednesday, posting gains for the third consecutive day, as higher spot gas prices coupled with fading wind power generation supported prompt prices, sources said.
Houston (Platts)--31 Mar 2015 350 pm EDT/1950 GMT
With the shutdown of Exelon Generation's 1,242-MW Braidwood-1 nuclear power unit in Braceville, Illinois, this week, there could be an uptick of coal burn in PJM's power grid, a spokesman with the regional transmission organization said Tuesday.
London (Platts)--31 Mar 2015 908 am EDT/1308 GMT
German prompt power prices dropped Tuesday to their lowest for a working-day-ahead in OTC trading outside the Christmas period in at least 10 years as near record-wind power generation combined with some solar generation, sources said.
London (Platts)--30 Mar 2015 930 am EDT/1330 GMT
German day-ahead power prices were Monday trading below Eur30/MWh for the second time this year as wind power generation was forecast to reach near-record levels around 30 GW in the first half of the week ahead of the Easter holiday weekend, sources said.
Houston (Platts)--27 Mar 2015 459 pm EDT/2059 GMT
Coal burn accounted for more US power generation in January than in December, but by percentage made up less of all power generated, Energy Information Administration data Friday showed.
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Coal

London (Platts)--1 Apr 2015 820 am EDT/1220 GMT
* Falling exports with S African FOB spot prices above CIF ARA * Shipments to India rise with monsoon buying
Delhi (Platts)--1 Apr 2015 703 am EDT/1103 GMT
A few deals for imported fuel grade petroleum coke or petcoke were reportedly concluded in the Indian market as end-users were vying for low prices, sources said this week.
Denver (Platts)--31 Mar 2015 505 pm EDT/2105 GMT
Standard & Poor's Ratings Services elevated the business risk profile of Murray Energy from weak to fair last week as a result of Murray's purchase of a controlling interest in Foresight Energy, the company said Tuesday in a weekly report.
Singapore (Platts)--31 Mar 2015 540 am EDT/940 GMT
With the new Indonesian regulation making letters of credit mandatory for exports coming into effect on Wednesday, market participants voiced concerns over possible delays in shipments and sought more clarity from the government on the fresh requirements, sources said Tuesday, March 31.
Houston (Platts)--30 Mar 2015 504 pm EDT/2104 GMT
Coal delivered to US utilities for power generation increased in January year over year, according to data released Friday by the Energy Information Administration.
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Shipping

London (Platts)--1 Apr 2015 904 am EDT/1304 GMT
Aframax freight rates for loadings in the Baltic Sea have risen sharply on the back of heavy charterer inquiry for loadings in the second decade of February, as well as a good flow of Urals from Primorsk and Ust-Luga to the Mediterranean Sea, shipping and trading sources have said.
Singapore (Platts)--1 Apr 2015 529 am EDT/929 GMT
Singapore 380 CST bunker fuel term contracts for the second quarter have been concluded at premiums of $3-$4/mt to Mean of Platts Singapore 380 CST high sulfur fuel oil assessments on an ex-wharf basis, market sources said Wednesday, April 1.
Houston (Platts)--31 Mar 2015 916 am EDT/1316 GMT
Rare gasoline imports were entering the West Coast market as refiners start to emerge from maintenance, pressuring Los Angeles CARBOB down 6.50 cents Monday and dragging premium grades even lower.
Singapore (Platts)--31 Mar 2015 907 am EDT/1307 GMT
Singapore ex-wharf 500 CST bunker fuel term contracts for April were concluded at discounts of $2-$5/mt to Mean of Platts Singapore 380 CST high sulfur fuel oil assessments, on the back of limited supply, trade sources said Tuesday.
London (Platts)--30 Mar 2015 948 am EDT/1348 GMT
Tight availability of RMG bunker fuel in Rotterdam saw the premium of delivered bunker fuel to ex-wharf 3.5% FOB Rotterdam barges soar $6.25/mt, to $7.25/mt, the highest in almost three months, Platts data shows.
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Petrochemicals

London (Platts)--1 Apr 2015 917 am EDT/1317 GMT
The Northwest European April benzene contract price has been fully settled at $730/mt or Eur673/mt CIF ARA, parties involved in the negotiations said Wednesday.
Singapore (Platts)--31 Mar 2015 1011 am EDT/1411 GMT
Saudi Aramco has set its April contract price for propane at $460/mt, down $40/mt from its March CP, and butane at $470/mt, up $10/mt month on month, trade sources said Tuesday.
San Antonio (Platts)--30 Mar 2015 345 pm EDT/1945 GMT
The spot buying power for polyethylene in South America is shifting to the Pacific Coast as Brazil's economy sputters, a regional distributor said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual meeting in San Antonio.
San Antonio (Platts)--30 Mar 2015 1005 am EDT/1405 GMT
Latin American polymer prices were expected to remain stable to lower in April due to weak buy interest, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual meeting.
London (Platts)--27 Mar 2015 902 am EDT/1302 GMT
Northwest European styrene monomer prices rose above the $1,500/mt marker Thursday for the first time since November 12, 2014 as supply tightness in the region continued to bite, sources said.
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Metals

London (Platts)--1 Apr 2015 820 am EDT/1220 GMT
The copper price is likely to rebound in 2015 as "critical" producers struggle to ramp up production, Barclays said in a weekly note to clients late Tuesday.
Singapore (Platts)--1 Apr 2015 659 am EDT/1059 GMT
Asian seaborne iron ore prices plunged below the pivotal $50/dmt CFR China level Wednesday, April 1, as the short-term price floor most market participants had in mind was decimated by an absence of buying interest, while both traders and producers continued to pump the market with spot offers.
Singapore (Platts)--1 Apr 2015 1220 am EDT/420 GMT
Japanese steelmakers have settled the Australian semi-soft coking coal contract price at $81/mt FOB for April-June loading, $5/mt lower than in Q1 2015, sources reported Wednesday, April 1.
Lima (Platts)--31 Mar 2015 539 pm EDT/2139 GMT
Peru's production of gold, silver, zinc, lead and cadmium rose in February, while copper, tin and molybdenum fell, the government said Tuesday.
Pittsburgh (Platts)--31 Mar 2015 507 pm EDT/2107 GMT
Hot-rolled coil prices in the US remained level on Tuesday, though some buy-side sources indicated prices still have slight downside risk in the immediate short term.
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Agriculture

Washington (Platts)--31 Mar 2015 351 pm EDT/1951 GMT
A leading biodiesel trade group is pressing the US Environmental Protection Agency to temporarily suspend a decision it claims will streamline biodiesel imports from Argentina under the Renewable Fuel Standard.
Jakarta (Platts)--30 Mar 2015 956 pm EDT/156 GMT
Indonesia expects to cut its gasoil imports by 3.975 million kiloliters/year (25 million barrels/year), or 39.6%, in 2015, after the government's new higher biodiesel blending mandate takes effect from April 1.
Montreal (Platts)--30 Mar 2015 303 pm EDT/1903 GMT
Weaker domestic hydrous fuel ethanol prices at the pumps translated into more competitive retail prices in southeast Brazil in the week ended March 28 -- the lowest in four months -- according to National Petroleum Agency data released Monday.
Lausanne, Switzerland (Platts)--30 Mar 2015 754 am EDT/1154 GMT
French agricultural consultancy Strategie Grains said Monday it has revised down by 5.5% its forecast for Italy's corn harvest for the 2015-16 marketing year (July-June) to 7.528 million mt.
Houston (Platts)--27 Mar 2015 516 pm EDT/2116 GMT
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday moved up 0.8 cent, or 1.9%, to a two-month high of 43.05 cents/gal, a review of US Department of Agriculture and Platts data showed.
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