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Oil | Natural Gas | Electric Power | Coal | Shipping | Petrochemicals | Metals | Agriculture

Oil

Houston (Platts)--29 Jun 2016 538 pm EDT/2138 GMT
The US Gulf Coast crude market saw regional sour grades strengthen Wednesday after reports of shuttered production at the BP-operated Thunder Horse platform in the US Gulf of Mexico.
London (Platts)--29 Jun 2016 819 am EDT/1219 GMT
The recent decision by the Central Bank of Nigeria to abandon a peg of the naira to the US dollar, in an effort to attract dollars liquidity to the Nigerian currency market, has failed to spur gasoline imports, as dollar demand in the country continues to outstrip supply.
Seoul (Platts)--29 Jun 2016 138 am EDT/538 GMT
A sharp cut in import tariffs by Vietnam has come as a blessing for South Korea, which is increasingly boosting its oil product exports, mainly gasoline, to the Southeast Asian nation, thereby reducing its over-dependence on China and Singapore as homes for its surplus output.
Houston (Platts)--28 Jun 2016 646 pm EDT/2246 GMT
Jet fuel differentials on the US Gulf and Atlantic coasts reached their highest levels in several months Tuesday as the airline industry takes off into the summer travel season.
Dubai (Platts)--28 Jun 2016 948 am EDT/1348 GMT
State-owned Qatar Petroleum, or QP, has established a new company to take on the future development of Al-Shaheen, its largest oil field, after awarding a 30% joint venture contract to French oil major Total.
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Natural Gas

Houston (Platts)--29 Jun 2016 532 pm EDT/2132 GMT
The decision by Energy Transfer Equity to end its efforts to acquire The Williams Companies likely will allow both giant pipeline companies to plan their respective futures as separate entities, analysts said Wednesday.
Brussels (Platts)--29 Jun 2016 821 am EDT/1221 GMT
Creating a liquid, open, diversified regional gas hub in Bulgaria to serve all the Western Balkans would help reduce concerns about Russia's planned Nord Stream 2 gas link to Germany, a senior European Commission official said.
Tokyo (Platts)--29 Jun 2016 549 am EDT/949 GMT
Japan's LNG imports in May fell 4% from a year earlier to 5.5 million mt, the lowest monthly import volume since October 2010, data released by the Ministry of Finance showed Wednesday.
Houston (Platts)--28 Jun 2016 613 pm EDT/2213 GMT
Enterprise Products Partners natural gas processing facility in Pascagoula, Mississippi remained shut Tuesday afternoon in the wake of an explosion and fire Monday night, a company spokesman said.
London (Platts)--28 Jun 2016 951 am EDT/1351 GMT
The 46 TWh (4.1 Bcm) Dutch Bergermeer gas storage facility will operate with restricted withdrawal capacity through most of Thursday's gas day, operator TAQA said Tuesday.
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Electric Power

Houston (Platts)--29 Jun 2016 536 pm EDT/2136 GMT
Low natural gas prices and high wind output pushed down real-time average locational marginal prices in the Southwest Power Pool in the spring, compared with the winter and with spring 2015, the SPP said Wednesday.
Warsaw (Platts)--29 Jun 2016 938 am EDT/1338 GMT
Poland's new law regulating wind farms will hinder growth in renewable energy and endanger the country's ability to reach its binding EU target of producing 15% of its final energy demand from renewables by 2020, rating agency Moody's said Wednesday.
Houston (Platts)--29 Jun 2016 823 am EDT/1223 GMT
The Midcontinent Independent System Operator's energy markets operated competitively and efficiently in 2015, but its capacity market has not provided "efficient economic signals to facilitate investment, retirement and capacity import/export decisions," MISO's independent market monitor said Tuesday.
Paris (Platts)--28 Jun 2016 823 am EDT/1223 GMT
French economy and trade minister Emmanuel Macron said Tuesday his country will continue to invest in nuclear energy, including providing support for utility EDF's plan to build a nuclear plant in the UK, despite delays on existing projects and a reorganization of the French state-controlled industry.
Washington (Platts)--28 Jun 2016 810 am EDT/1210 GMT
The US Nuclear Regulatory Commission will seek to recover about $882.9 million in fees from licensees and applicants under its final fee recovery rule for fiscal 2016, the agency said in a statement Monday.
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Coal

Houston (Platts)--29 Jun 2016 531 pm EDT/2131 GMT
US coal shipment volumes have increased four consecutive weeks to a year-high mark, the Association of American Railroads reported Wednesday.
Kiev (Platts)--29 Jun 2016 934 am EDT/1334 GMT
Coal reserves at Ukraine's coal-burning power plants dropped by 13.2% over the past eight days, or by 196,000 mt, to 1.288 million mt as of June 29, compared with 1.484 million mt as of June 21, UkrEnergo, which runs the country's power grid, reported Wednesday.
New Delhi (Platts)--29 Jun 2016 825 am EDT/1225 GMT
India's Central Institute of Mining and Fuel Research (CIMFR) has signed an agreement with state-run coal producers Coal India Limited (CIL), Singareni Collieries Company Limited (SCCL) and power utilities to monitor the quality of coal, according to a statement from the coal ministry.
Houston (Platts)--29 Jun 2016 824 am EDT/1224 GMT
The US Court of Appeals for the District of Columbia Circuit on Friday ordered a delay in the lawsuit against the US Environmental Protection Agency over its requirements for new coal-fired power plants, also known as the New Source Rule, as it considers combining the case with a similar one.
Houston (Platts)--28 Jun 2016 808 am EDT/1208 GMT
US coal generation fell slightly in April with a dip in power demand and continued strong natural gas and renewable generation, US Energy Information Administration data showed Monday.
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Shipping

London (Platts)--29 Jun 2016 936 am EDT/1336 GMT
The UK's Sullom Voe terminal loaded one cargo of Brent Blend crude bound for Le Havre, France, in the week to Tuesday, the Shetland Islands Council said Wednesday.
Houston (Platts)--28 Jun 2016 642 pm EDT/2242 GMT
Caribbean Aframax freight rates fell to a level not seen since February 2011 as owners leaped at the chance to get ships fixed Tuesday.
London (Platts)--28 Jun 2016 805 am EDT/1205 GMT
Limited supplies of fuel for Hamburg's bunker market are persisting as product destined for the marine market remains diverted elsewhere.
Singapore (Platts)--27 Jun 2016 1047 pm EDT/247 GMT
A flurry of cargoes out of Australia as sellers try to clear their books ahead of the end of the financial year on June 30 saw the key Handysize alumina freight rate from Australia to China hit an eight-month high on Monday.
Perth (Platts)--27 Jun 2016 811 am EDT/1211 GMT
The number of vessels queuing to load cargoes at the Port Waratah Coal Services terminals at Australia's Newcastle port continued to rise for the second consecutive week from a seven-month low to 10 ships this week, up from eight ships a week ago, logistics coordinator Hunter Valley Coal Chain Coordinator said Monday.
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Petrochemicals

Houston (Platts)--29 Jun 2016 534 pm EDT/2134 GMT
MEGlobal has rolled over its North American benchmark for monoethylene glycol at 35 cents/lb for July, the company said Wednesday.
London (Platts)--29 Jun 2016 936 am EDT/1336 GMT
Iranian petrochemical plants exported 27.87 million mt of petrochemical products worth $3.54 billion in the period March 20-June 20, the Ministry of Petroleum's official Shana news agency reported Wednesday.
Singapore (Platts)--29 Jun 2016 528 am EDT/928 GMT
China's LG Yong Xing Chemical is expected to lower the operating rate of its acrylonitrile-butadiene-styrene plant in Ningbo during the G20 summit, sources close to the company said Wednesday.
Houston (Platts)--28 Jun 2016 615 pm EDT/2215 GMT
Dow's low density polyethylene plant in Argentina might resume operations in December, 13 months after an explosion shut the 90,000 mt/year capacity line in Bahia Blanca, sources in the Mercosur region said Tuesday.
Dubai (Platts)--28 Jun 2016 821 am EDT/1221 GMT
State-owned Saudi Aramco and Saudi Basic Industries Corp (Sabic) signed an agreement Tuesday to jointly study a possible project to build the first crude-to-chemicals plant in the kingdom.
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Metals

Santiago (Platts)--29 Jun 2016 537 pm EDT/2137 GMT
Production at the world's largest copper mine, Escondida in northern Chile, fell 23% year on year in the first three months of the year to 265,597 mt, the BHP Billiton-controlled operation said Wednesday.
London (Platts)--29 Jun 2016 828 am EDT/1228 GMT
Alcoa has filed an initial Form 10 registration statement with the US Securities and Exchange Commission paving the way for its planned separation into two standalone, publicly traded companies, the US company said Wednesday.
London (Platts)--29 Jun 2016 832 am EDT/1232 GMT
US premium cargoes led pricing for Turkish import ferrous scrap on Tuesday, with a flurry of UK sales showing tighter differentials for the market.
Singapore (Platts's)--29 Jun 2016 830 am EDT/1230 GMT
Japanese ferrous scrap exports to Korea have become less competitive during the last week due to the depreciation of the yen, with market participants on the sidelines as they assess the impact of the stronger currency, according to Japanese and Korean market sources.
Seoul (Platts)--29 Jun 2016 830 am EDT/1230 GMT
The Australian alumina daily assessment slipped $1/mt day on day to $239/mt FOB Wednesday, weakened by lackluster demand.
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Agriculture

Houston (Platts)--29 Jun 2016 533 pm EDT/2133 GMT
Prices for US Renewable Identification Numbers jumped Wednesday, after a report from Goldman Sachs predicted that RIN stocks would drop substantially in 2017.
Singapore (Platts)--29 Jun 2016 937 am EDT/1337 GMT
Southeast Asia could see a significant boost to its ethanol supply by using biomass as an alternative feedstock, an industry veteran said during the annual Wiz Ethanol and Biofuels Conference held in Singapore Wednesday.
Singapore (Platts)--29 Jun 2016 826 am EDT/1226 GMT
China auctioned 9,599 mt of imported US Soft Red Winter No.
Houston (Platts)--28 Jun 2016 613 pm EDT/2213 GMT
The spread between New York Harbor ethanol and the front-month Chicago ethanol swap widened Tuesday in anticipation of higher demand over the July 4 holiday weekend, sources said.
Santos, Brazil (Platts)--28 Jun 2016 1144 am EDT/1544 GMT
The amount of sugarcane crushed in the first half of June in Brazil's Mato Grosso do Sul state plummeted 34% year on year to 1.68 million mt, the Association of Bioenergy Producers of Mato Grosso do Sul (Biosul) said Tuesday.
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