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New York (Platts)--19 Sep 2014 451 pm EDT/2051 GMT
NYMEX October RBOB settled up 5.04 cents at $2.6114/gal, as the oil complex turned mostly higher Friday on news of a widening US-led campaign against Islamic State jihadists in Iraq.
London (Platts)--19 Sep 2014 158 pm EDT/1758 GMT
The upstream oil and gas industry called Friday for a focus on reforms needed to revive the UK's flagging North Sea production, following Scotland's decisive rejection of independence in a referendum.
Houston (Platts)--19 Sep 2014 156 pm EDT/1756 GMT
The Light Houston Sweet differential dropped 20 cents/b week-on-week as demand for light sweet crudes on the US Gulf Coast waned, causing the region's crude differentials to weaken.
London (Platts)--19 Sep 2014 929 am EDT/1329 GMT
Combined inventories of diesel, gasoil and jet kerosene held in the Amsterdam- Rotterdam-Antwerp region rose 1.5 million barrels to 24.2 million barrels in the latest week, according to data published Friday by BNP Paribas.
London (Platts)--19 Sep 2014 816 am EDT/1216 GMT
Average loadings of Nigeria's naphtha-rich Agbami crude in November are set to rise to 260,000 b/d from 251,613 b/d in October, according to a copy of the preliminary loading schedule seen by Platts on Friday.
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Natural Gas

Austin, Texas (Platts)--19 Sep 2014 452 pm EDT/2052 GMT
Natural gas curtailments that have negatively impacted production by downstream LNG and petrochemical plants in Trinidad are mainly because of less investment by upstream producers, not maintenance activity, BP Trinidad and Tobago said Friday.
Moscow (Platts)--19 Sep 2014 924 am EDT/1324 GMT
Russia's Gazprom expects gas market trends of recent years -- that saw its share on the European gas market increasing -- to continue over the next 10 years, despite ongoing changes and stagnation in the markets, CEO Alexei Miller said Friday.
Calgary (Platts)--18 Sep 2014 419 pm EDT/2019 GMT
China will look to drive "a hard bargain" on prices when signing LNG off-take deals with Canadian producers in large part because of its recently signed supply deal with Russia, an official with China National Offshore Oil Corp.
London (Platts)--18 Sep 2014 921 am EDT/1321 GMT
Dutch and German GASPOOL spot prices rose Thursday in line with UK NBP gains, while Germany's NetConnect was dealing lower day on day.
Singapore (Platts)--18 Sep 2014 1211 am EDT/411 GMT
China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing in Beijing Wednesday, September 17.
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Electric Power

Washington (Platts)--19 Sep 2014 401 pm EDT/2001 GMT
California and Quebec will conduct their first joint auction of greenhouse gas allowances on November 19, the California Air Resources Board and the Quebec Ministry of Sustainable Development, Environment and the Fight Against Climate Change said Friday.
London (Platts)--19 Sep 2014 820 am EDT/1220 GMT
UK prompt power prices fell sharply on Friday to close the week on a bearish note following a strong rally at the start of week 38, as weakening gas prices and forecasts for rising wind output weighed on the contracts.
Houston (Platts)--18 Sep 2014 502 pm EDT/2102 GMT
Generation retirements could cause New York to face electricity shortfalls a year earlier than previously thought, but behind-the-meter resources could help reduce the risk of such shortfalls, new reports show.
London (Platts)--18 Sep 2014 920 am EDT/1320 GMT
French wholesale market activity in April-June rose year on year despite lower power demand, as traders focused on longer-term contracts, a report by French energy regulator CRE showed Thursday.
Louisville, Kentucky (Platts)--17 Sep 2014 527 pm EDT/2127 GMT
Ohio regulators, overriding an objection by a major industrial group, on Wednesday approved the $12.4 million sale of Dayton Power & Light's remaining 31%, or 186 MW, ownership in the East Bend coal-fired power plant to Duke Energy Kentucky.
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Singapore (Platts)--19 Sep 2014 818 am EDT/1218 GMT
Some Indonesian thermal coal suppliers who have already received their export licenses were trying to push up offer prices for October cargoes, anticipating supply tightness after the new license rules are implemented, sources said Friday.
Singapore (Platts)--18 Sep 2014 612 am EDT/1012 GMT
China's domestic thermal coal market may not get much support from pre-winter stocking in the seasonally strong fourth quarter, this year, due to high stocks at power utilities, which are running on relatively low capacity amid rich hydropower and a slowing economy, industry sources said Thursday.
Houston (Platts)--18 Sep 2014 611 am EDT/1011 GMT
Despite natural gas futures climbing above $4/MMBtu on Wednesday, coal prices mostly fell on account of traders unwinding unfavorable positions, a market source said.
Singapore (Platts)--17 Sep 2014 509 am EDT/909 GMT
Several Australian thermal coal suppliers are likely to be hit by the Chinese government's move to restrict use of high ash and sulfur material from 2015, analysts said Tuesday, September 16.
London (Platts)--16 Sep 2014 940 am EDT/1340 GMT
Combined coal stocks at three delivery terminals in Western Europe's Amsterdam-Rotterdam-Antwerp trading hub were around 5.67 million mt Tuesday, falling 4.1%, or 245,000 mt, from last week's eight-week high, according to data gathered from port sources.
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London (Platts)--19 Sep 2014 403 pm EDT/2003 GMT
The Atlantic Panamax market was flat on Friday, with owners relying on US Gulf grain exports to raise the Atlantic market, but more cargo is needed to change sentiment, sources said.
Singapore (Platts)--19 Sep 2014 807 am EDT/1207 GMT
More government action is required to combat the theft of fuel by pirates from ships, with 17 incidents of "siphoning of fuel oil from tankers...reported in Asian waters" in the last four years, said the Asian Shipowners' Forum in a statement late Friday.
London (Platts)--18 Sep 2014 728 am EDT/1128 GMT
Marine gasoil prices in the South African port of Durban plummeted after the recent return of the Enref refinery from maintenance, traders said Thursday.
Singapore (Platts)--17 Sep 2014 718 am EDT/1118 GMT
The outright price of Singapore 380 CST ex-wharf bunker fuel hit a 27-month low of $571/mt on Tuesday on the back of weakening crude -- Front-month Brent crude futures fell below $100/b on September 8 for the first time in over a year -- and falling cargo market, Platts data showed.
Houston (Platts)--16 Sep 2014 338 pm EDT/1938 GMT
Bunker fuel deliveries to the ports of Los Angeles and Long Beach in July surpassed 1.1 million barrels for the third consecutive month as shipping traffic continued to surge in Southern California, data from the ports show.
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Houston (Platts)--19 Sep 2014 404 pm EDT/2004 GMT
Colombia's Ecopetrol aims to have production at its aromatics complex in Barrancabermeja normalized next week after a longer-than-expected restart process, a source with knowledge of company operations said Friday.
Dubai (Platts)--19 Sep 2014 937 am EDT/1337 GMT
Qatar has shelved the $5.5 billion Al Sejeel petrochemicals project, conglomerate Industries Qatar said in a statement to the Qatar Exchange late Thursday.
Tokyo (Platts)--18 Sep 2014 1122 pm EDT/322 GMT
The Asian ethylene/naphtha spread widened $16.50/mt day on day to $683.38/mt Thursday, September 18, driven by bullish ethylene despite an expected influx of deepsea European ethylene supply, Platts data showed. The spread was last wider February 2, 2010, at $691.38/mt.
Houston (Platts)--18 Sep 2014 626 pm EDT/2226 GMT
The spot price of naphtha Thursday fell to a 14-month low on the back of a Valero sale to ATMI.
London (Platts)--18 Sep 2014 923 am EDT/1323 GMT
European acrylonitrile butadiene styrene producers have taken market share from Asian producers in Europe and Turkey, buoyed by the weaker euro against the dollar, according to a producer source.
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Louisville, Kentucky (Platts)--19 Sep 2014 327 pm EDT/1927 GMT
Two Missouri business groups have thrown their support behind a proposed electricity rate deal designed to keep Noranda Aluminum's 263,000 mt/year New Madrid smelter operating.
Sao Paulo, Brazil (Platts)--19 Sep 2014 159 pm EDT/1759 GMT
ArcelorMittal Brazil is supplying 50,000 mt of steel for the biggest ongoing construction project in the country -- the $26 billion Belo Monte hydroelectric dam complex on the Xingu River, in the northeastern state of Para -- the company said Friday in a statement.
Singapore (Platts)--19 Sep 2014 625 am EDT/1025 GMT
Chinese ferrous scrap processors said Friday that the likelihood of the rebate on value-added tax for scrap sales returning was low, even though the recent unveiling of the third batch of companies meeting government requirements gave rise to speculation over such a move.
Pittsburgh (Platts)--18 Sep 2014 626 pm EDT/2226 GMT
Buying was subdued Thursday in the US steel sheet market, with some participants pointing to higher inventory levels as a good reason to stay on the sidelines.
London (Platts)--18 Sep 2014 628 am EDT/1028 GMT
The price of gold is forecast to average $1,270/oz this year, 10% lower than the 2013 average of $1,411.23/oz, according to the latest research from GFMS.
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Houston (Platts)--19 Sep 2014 450 pm EDT/2050 GMT
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday plunged 18.1 cents, or 21.7%, to a seven-month low of 65.31 cents/gal, a review of US Department of Agriculture and Platts data showed.
Houston (Platts)--18 Sep 2014 415 pm EDT/2015 GMT
US ethanol assessments plunged again Thursday to their lowest levels in more than four years amid an oversupplied market.
Houston (Platts)--17 Sep 2014 530 pm EDT/2130 GMT
The relationship between feedstock soybean oil and blendstock heating oil that the biodiesel industry uses to gauge costs and margins Wednesday rose to its highest level in more than five weeks.
Washington (Platts)--16 Sep 2014 1122 am EDT/1522 GMT
US Agriculture Secretary Tom Vilsack on Tuesday said he is "reasonably sure" that biofuels blending volumes under the final Renewable Fuel Standard will be higher than what the Environmental Protection Agency originally proposed in its first draft of the rule.
Singapore (Platts)--15 Sep 2014 453 am EDT/853 GMT
Malaysia's move to scrap export taxes on crude palm oil in September has shown immediate results, with CPO exports shooting up 122% to 315,390 mt over September 1-15 from the same period a month earlier, data from cargo surveyor Intertek released Monday, September 15, showed.
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