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Houston (Platts)--27 Mar 2015 515 pm EDT/2115 GMT
US Gulf Coast premium gasoline fell 17.69 cents Friday on refiner selling, a lack of incentive to blend gasoline and pressure from dips in both lower-octane gasoline and the NYMEX RBOB contract.
Moscow (Platts)--27 Mar 2015 1102 am EDT/1502 GMT
Russia's largest crude producer Rosneft Friday agreed with the country's anti-monopoly service FAS to observe certain standards in domestic oil product price setting and retail, including not discriminating among customers.
Singapore (Platts)--27 Mar 2015 531 am EDT/931 GMT
US major Chevron on Friday announced that it will divest its 50% stake in refiner Caltex Australia following an underwriting agreement.
Houston (Platts)--26 Mar 2015 536 pm EDT/2136 GMT
Strong buying coupled with bullish crude futures continued to push Mont Belvieu non-Targa natural gasoline higher Thursday.
London (Platts)--26 Mar 2015 1004 am EDT/1404 GMT
Shell has announced a further 250 job cuts at its UK North Sea operations and changes in shift patterns, as low oil prices and worries about competitiveness increase pressure on the industry.
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Natural Gas

London (Platts)--27 Mar 2015 906 am EDT/1306 GMT
UK Winter 15 gas prices fell Friday morning despite confirmation of limits on the country's Rough gas storage facility that will restrict the amount of gas that can be stored ahead of next winter by around 1 Bcm.
Singapore (Platts)--27 Mar 2015 633 am EDT/1033 GMT
The Platts JKM for May delivery slid 25 cents over the Asian trading week to close at $7.475/MMBtu Friday, as offers fell on limited demand in the region.
Houston (Platts)--26 Mar 2015 424 pm EDT/2024 GMT
The NYMEX April natural gas futures contract settled at $2.672/MMBtu Thursday, down 5.1 cents, as the market reacted negatively to weekly storage data that showed a build at the lower end of Platts consensus expectations.
London (Platts)--26 Mar 2015 921 am EDT/1321 GMT
UK energy company SSE will mothball 33% of the withdrawal capacity at its Hornsea natural gas storage facility from May 1 due to a "challenging" economic environment for gas storage facilities, the company said Thursday.
Mumbai (Platts)--26 Mar 2015 350 am EDT/750 GMT
The Indian government, in an effort to restart gas-fired power stations shut due to a domestic natural gas shortage, has announced a set of concessions to let them run on imported regasified LNG.
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Electric Power

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.
London (Platts)--27 Mar 2015 947 am EDT/1347 GMT
UK power prices for day-ahead contracts slumped Friday on forecasts for strong wind power generation, while peak power demand eased lower to levels usually seen during the start of the summer period.
Louisville, Kentucky (Platts)--26 Mar 2015 433 pm EDT/2033 GMT
Wisconsin regulators endorsed the Badger-Coulee high-voltage transmission line Thursday that would bring 1,400 MW of renewable energy -- mainly wind -- into the Midcontinent Independent System Operator region from Western states.
London (Platts)--26 Mar 2015 1003 am EDT/1403 GMT
German prompt power prices dropped Thursday as wind power output was forecast to pick-up ahead of a strong storm system in the days ahead of the Easter holidays with wind forecasts above 20 GW from Sunday to Wednesday, according to sources.
Washington (Platts)--24 Mar 2015 435 pm EDT/2035 GMT
The US Department of Energy no longer plans to dispose of defense high-level radioactive waste, or HLW, and commercial spent fuel in the same repository and plans to initiate a consent-based siting process "before the end of the calendar year" that would be used to site defense and commercial nuclear waste facilities, Secretary of Energy Ernest Moniz said Tuesday.
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Houston (Platts)--27 Mar 2015 500 pm EDT/2100 GMT
Powder River Basin thermal coal bought on the traditional, physical market continued under pressure over the past week as improved rail service and falling natural gas prices have eased demand.
Brisbane (Platts)--27 Mar 2015 535 am EDT/935 GMT
Vessel queues at Australia's main east coast coal export facilities are at relatively low levels for the time of year and some market experts suggest lower Chinese demand and seasonal factors may be the reason.
Louisville, Kentucky (Platts)--26 Mar 2015 536 pm EDT/2136 GMT
Armstrong Energy expects to produce and sell less thermal coal this year, partly because of the premature closing of the Lewis Creek underground mine, but its Armstrong Coal subsidiary is developing a new deep mine in Muhlenberg County, Kentucky, that should be completed by mid-year, company officials said Thursday.
Perth (Platts)--26 Mar 2015 342 am EDT/742 GMT
Glencore will cease mining coal at its West Wallsend underground mine in the New South Wales Newcastle coal field in mid-2016 after deciding against a new longwall, the company said Thursday, March 26.
Houston (Platts)--25 Mar 2015 416 pm EDT/2016 GMT
Despite the current challenges facing the US coal industry, Powder River Basin coal will see an increase in its share of the domestic power generation market and an almost 700% rise in exports over the next six years, according to a Wednesday presentation by Cloud Peak Energy CEO Colin Marshall.
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London (Platts)--27 Mar 2015 904 am EDT/1304 GMT
Bunker fuel oil prices at the Egyptian port of Suez collapsed Thursday, following the delivery of a fresh cargo of 380 CST fuel, sources said.
London (Platts)--26 Mar 2015 901 am EDT/1301 GMT
High sulfur fuel oil FOB Rotterdam barges flipped to a backwardation Wednesday with traders noting a surge in the numbers of fixtures east.
Washington (Platts)--25 Mar 2015 624 pm EDT/2224 GMT
The debate over a potential shift in US restrictions on crude exports has often been characterized as a clash between North Dakota and Texas producers eager to get a glut of light oil onto the world market and refiners unwilling to lose a new domestic price advantage.
Singapore (Platts)--25 Mar 2015 523 am EDT/923 GMT
Oil product tankers will draw higher spot freight rates and vessel prices next year on the back of rising demand from expanding Middle East refining capacity, oil price volatility and slowing fleet growth, DNB Markets, a unit of Norway's DNB Bank ASA, said in a report Tuesday, March 24.
Singapore (Platts)--25 Mar 2015 417 am EDT/817 GMT
Competition from independent importers, higher cracking margins and the ease of securing storage tanks are pressuring marine gasoil prices in South Korea, market sources said Wednesday, March 25.
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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.
Houston (Platts)--26 Mar 2015 537 pm EDT/2137 GMT
Initial nominations for April US polymer-grade and chemical-grade propylene contract prices call for a 1-cent decrease at 48 cents/lb and 46.50 cents/lb, respectively, market sources said Thursday.
London (Platts)--26 Mar 2015 936 am EDT/1336 GMT
Polyethylene terephthalate prices in Northwest Europe rose to a five- month high this week as a weak euro slashed imports even as appetite for the product continued to improve, market sources said this week.
Singapore (Platts)--26 Mar 2015 855 am EDT/1255 GMT
Up to 30,000 mt of benzene is expected to arrive into China late April shipped from the US Gulf Coast in late February and early March, representing a rare reversal of the typical arbitrage flow for the material between Asia and the US, market sources in both regions said this week.
Houston (Platts)--25 Mar 2015 1254 pm EDT/1654 GMT
US domestic polystyrene contract increases are expected for April due to an anticipated increase in the feedstock benzene contract price for April, sources on the sidelines of the National Plastics Exposition said Tuesday.
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Pittsburgh (Platts)--27 Mar 2015 514 pm EDT/2114 GMT
As US flat-rolled steel prices neared what is seen as the bottom of the current trough Friday, sources sought to predict what the rebound will look like.
London (Platts)--27 Mar 2015 1054 am EDT/1454 GMT
The global gold producer hedge book grew in the fourth quarter of 2014 by 1.45 million oz, or 45 mt, a trend that is likely to continue in 2015, Societe Generale said Friday.
Hong Kong (Platts)--27 Mar 2015 900 am EDT/1300 GMT
Erlian Port in Inner Mongolia, Northwest China imported 78,000 mt copper concentrates in January-February 2015, 7.9 times higher than the same period last year, the Erlianhaote city government said on its website Friday.
Singapore (Platts)--27 Mar 2015 306 am EDT/706 GMT
Miner Peabody and South Korean steelmaker Posco agreed to a price of $92.50/mt FOB Australia for April-June loadings of low-volatile PCI coal, down $6.50/mt from January-March, market sources said Friday, March 27.
Caracas (Platts)--26 Mar 2015 426 pm EDT/2026 GMT
Venezuela's steel and aluminum industries are at their lowest production point in three decades, a Ministry of Industries report showed Thursday.
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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.
Houston (Platts)--26 Mar 2015 431 pm EDT/2031 GMT
US soybean oil net export sales nearly tripled last week, rising for the second straight week, according to data from the Department of Agriculture released Thursday.
London (Platts)--25 Mar 2015 842 am EDT/1242 GMT
The margin between front-month and second-month European ethanol swaps reached a five-month high of Eur20/cu m Tuesday, as limited supply served to steepen the backwardation in the market.
Houston (Platts)--24 Mar 2015 425 pm EDT/2025 GMT
Chicago Board of Trade May corn futures settled up 3 cents to $3.9325/bushel Tuesday, the highest front-month settle in more than two months.
Houston (Platts)--23 Mar 2015 400 pm EDT/2000 GMT
The Chicago Argo ethanol assessment Monday rose to its highest level in more than two months as prices continued to recover from nine-year lows in January.
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