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New York (Platts)--26 May 2015 423 pm EDT/2023 GMT
Oil futures settled lower Tuesday as a stronger US dollar and slowdown in the US oil rig count outweighed the risks from persistent fighting in the Middle East.
Quito (Platts)--26 May 2015 939 am EDT/1339 GMT
Amid the global fall in oil prices, Ecuador is negotiating deferral of payments to private oil companies it has pledged to pay fees per extracted barrel, the oil ministry reported Monday.
Lagos (Platts)--26 May 2015 927 am EDT/1327 GMT
Nigerian oil worker unions at state-owned Nigerian National Petroleum Corporation and Nigerian Petroleum Development Company have called off a strike that shut about 100,000 b/d of production for a week, union and company officials said late Monday.
London (Platts)--26 May 2015 805 am EDT/1205 GMT
Vitol and Trafigura, two of the world's biggest commodities traders, continue to look at boosting earnings by expanding their energy assets at a time that low oil prices are pushing some oil producers to integrate their own production and trading operations.
Singapore (Platts)--25 May 2015 528 am EDT/928 GMT
China's April imports of crude oil from Middle East suppliers rose 10% year on year to a record high of 16.61 million mt or 4.06 million b/d, led by Saudi Arabian supply, according to detailed data released Saturday by the General Administration of Customs.
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Natural Gas

Singapore (Platts)--26 May 2015 1135 pm EDT/335 GMT
Chinese LNG imports gained 12% year on year to reach 1.5 million mt in April, General Administration of Customs data released late Tuesday showed.
Houston (Platts)--26 May 2015 529 pm EDT/2129 GMT
A recent favorable decision by the US Department of Energy means a proposed project designed to export up to 10 million mt/year of LNG from the coast of Nova Scotia needs only two more export permit approvals, the project developer said Tuesday, adding it continues to target first gas in early 2020.
London (Platts)--26 May 2015 924 am EDT/1324 GMT
Dutch and German prompt prices inched up Tuesday morning as industrial demand returned after a long weekend. By midday UK time, the TTF day-ahead contract for Wednesday last traded 7.5 euro cent higher day on day at Eur20.575/MWh, while corresponding German GASPOOL and NetConnect were respectively 32.5 euro cent and 12.5 higher on the day, both at Eur20.775/MWh.
Algiers (Platts)--26 May 2015 808 am EDT/1208 GMT
Algeria's Sonatrach must invest more in oil and gas development in order to raise output amid market uncertainties, the country's prime minister said late Monday.
Singapore (Platts)--22 May 2015 638 am EDT/1038 GMT
The Platts JKM for July delivery -- the new front month-- held its ground at $7.75/MMBtu over the Asian trading week, as bids and offers remained static following reported deals.
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Electric Power

Barcelona (Platts)--26 May 2015 833 am EDT/1233 GMT
The global value of carbon pricing instruments stands at $48 billion in 2015, according to a report released Tuesday by the World Bank Group and consulting company Ecofys.
Birmingham, Alabama (Platts)--22 May 2015 102 pm EDT/1702 GMT
Wholesale power costs for the first four months of 2015 rose nearly $10 to $64.10/MWh in the PJM Interconnection from $54.29/MWh in January, a reflection of high demand and energy costs in February, grid operator spokesman Ray Dotter said Friday.
London (Platts)--22 May 2015 717 am EDT/1117 GMT
Germany on Friday sold 3.198 million carbon dioxide allowances at auction for Eur7.25/mt ($8.11/mt) -- a fresh three-week low.
Washington (Platts)--21 May 2015 455 pm EDT/2055 GMT
Real-time prices in the New York Independent System Operator West Zone spiked to more than $1,000/MWh around 10 am EDT (1400 GMT) Thursday at the same time exports to neighboring PJM Interconnection also jumped.
London (Platts)--21 May 2015 808 am EDT/1208 GMT
Prompt power prices in the UK slipped Thursday as demand fell ahead of a long holiday weekend and NBP gas weakened.
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Louisville, Kentucky (Platts)--26 May 2015 532 pm EDT/2132 GMT
Poor market conditions are preventing Alliance Resource Partners from bringing online nearly 5 million st of thermal coal this year at several operations, including its new Gibson South underground mine in southern Indiana, according to Joseph Craft III, the company's president and CEO.
London (Platts)--26 May 2015 923 am EDT/1323 GMT
Colombian coal output in the first quarter of 2015 fell 5% year-on-year to 23.2 million mt, due to the ongoing nighttime rail restriction on the Fenoco coal railway, the country's national mining agency (ANM) said late Friday.
Jerusalem (Platts)--26 May 2015 922 am EDT/1322 GMT
State-owned Israel Electric Corporation raised gas consumption in its fuel mix over January-March 2015, with natural gas and LNG representing 42.2% of its fuel mix compared with 37.8% in the first quarter of 2014, it said Tuesday.
Brisbane (Platts)--26 May 2015 258 am EDT/658 GMT
The vessel queue at Australian Newcastle port's three terminals for coal exports fell to 55 vessels this week from 61 a week earlier, despite four days of maintenance closing the port's Hunter Valley rail network, the Port Authority of New South Wales said in a report Monday, May 25.
Singapore (Platts)--25 May 2015 322 am EDT/722 GMT
Coal stocks at 16 major Indian ports totaled 16.62 million mt as of May 22, up 0.2% week on week, according to Indian ship broker Interocean's latest data released Friday, May 22.
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Singapore (Platts)--26 May 2015 312 am EDT/712 GMT
Rates for very large gas carriers are expected to stay volatile and strong through 2015 even though up to 37 ships are slated for delivery this year, as a surge in long-haul US LPG exports and persistent congestion at Indian ports absorb the new vessels, ship brokers said.
Perth (Platts)--22 May 2015 722 am EDT/1122 GMT
Several ships anchored off Port Kembla coal terminal in eastern Australia have been asked by the port's harbor master to sail further out to sea as a precautionary measure due to rough weather in the region, a source close to the coal shipping facility said Friday.
London (Platts)--22 May 2015 615 am EDT/1015 GMT
Durban bunker fuel prices have plunged after the supply situation in the region picked up when a major supplier began quoting again, sources said Friday.
London (Platts)--21 May 2015 457 pm EDT/2057 GMT
Five US propylene shipments totalling 20,000 mt-25,000 mt have been heard fixed for Europe arriving end-May to early-July, sources have said.
Juba (Platts)--21 May 2015 742 am EDT/1142 GMT
Ethiopia has signed a deal with Sudan to import oil products through the country's Red Sea outlet of Port Sudan.
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Dubai (Platts)--26 May 2015 826 am EDT/1226 GMT
Egypt's privately owned Carbon Holdings has signed a debt financing deal with the UAE's Gulf Capital ahead of the planned construction later this year of a major petrochemicals complex at Ain Sokna on the Suez Canal.
Singapore (Platts)--26 May 2015 433 am EDT/833 GMT
High feedstock costs and lackluster demand have narrowed production margins to below breakeven for polystyrene producers across Asia, prompting most producers to cut operation rates, market sources said Tuesday, May 26.
Singapore (Platts)--26 May 2015 239 am EDT/639 GMT
India's high density polyethylene market is poised for a slight surplus in 2015 with new plants coming on stream in two months, and the excess would likely be shipped out to China, industry sources said late last week on the sidelines of the Chinaplas 2015 conference.
Singapore (Platts)--25 May 2015 512 am EDT/912 GMT
China's styrene monomer imports from the US almost tripled in April, amid major turnarounds taking place in South Korea -- China's main supplier -- over March-May, trade sources said Monday, May 25.
Houston (Platts)--22 May 2015 111 pm EDT/1711 GMT
US producer Eastman Chemical will raise methyl isobutyl ketone prices by 5 cents/lb effective June 5 or as contracts allow, according to a customer notice obtained Friday by Platts.
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Lima, Peru (Platts)--26 May 2015 531 pm EDT/2131 GMT
Peru's Minsur expects gold production will rise 10% this year after securing a permit for a plant expansion at its Pucamarca mine, CEO Juan Luis Kruger said Tuesday.
Sao Paulo (Platts)--26 May 2015 421 pm EDT/2021 GMT
Latin American steel imports jumped to 6.1 million mt in the first quarter, up 20% from the 5.1 million mt imported in the year-ago quarter, Alacero, the region's steel association, said Tuesday.
London (Platts)--26 May 2015 921 am EDT/1321 GMT
The London Metal Exchange has launched a month-long consultation on proposals designed to broaden access to its electronic trading platform, LMEselect, the LME said Tuesday.
Hong Kong (Platts)--26 May 2015 920 am EDT/1320 GMT
China Molybdenum's sales of 51% moly oxide in 2014 surged 78% year on year to 1,849 mt, while that of 47% moly concentrate plunged 50% year on year to 696 mt, the Henan-based producer said in a filing to the Shanghai Stock Exchange Tuesday.
Tokyo (Platts)--26 May 2015 558 am EDT/958 GMT
Some traders in Asia are closely monitoring the spread between Shanghai Futures Exchange and London Metal Exchange aluminum contract prices, as a wider spread may see more of the metal head to China.
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Singapore (Platts)--27 May 2015 253 am EDT/653 GMT
Heavy floods in Malaysia at the beginning of the year and lower crude palm oil prices led to a dramatic fall in profits for the country's largest agribusiness, Felda Global Ventures, the company said Tuesday, May 26.
Houston (Platts)--26 May 2015 424 pm EDT/2024 GMT
Chicago Board of Trade July corn futures settled down 5 cents to $3.55/bushel Tuesday, the lowest front-month settle in more than seven months.
London (Platts)--22 May 2015 135 pm EDT/1735 GMT
Sugar mills in Center-South Brazil crushed 28.69 million mt in the first half of May, down 26.3% on the year-ago period, Brazilian sugarcane industry group UNICA said.
London (Platts)--22 May 2015 817 am EDT/1217 GMT
Platts Thai J-Spec raw sugar premium assessment for June shipment strengthened in the week to Friday as Japanese trade house liquidity picked up, maintaining the value of the outright price against recent weakness in the futures market, sources told Platts.
London (Platts)--22 May 2015 639 am EDT/1039 GMT
The bean-oil/gasoil margin (BOGO) moved out of triple figures Thursday for the first time since December 5, 2014, dropping $18.16/mt to $99.04/mt, taking some pressure off struggling biodiesel producers.
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