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London (Platts)--17 Sep 2014 731 am EDT/1131 GMT
Differentials for Kazakhstan's naphtha-rich CPC Blend crude have climbed to their highest since late May as a tighter loading schedule for October and stronger demand for naphtha-rich crudes has added support to the market.
Lagos (Platts)--17 Sep 2014 717 am EDT/1117 GMT
Nigeria's oil revenue declined further to Naira 481.3 billion ($3 billion) in August from Naira 483.5 billion in July due to disruptions to crude production and a force majeure declared by Shell, the finance ministry said late Tuesday.
Singapore (Platts)--17 Sep 2014 502 am EDT/902 GMT
The Indonesian oil storage terminal at Karimun is expected to start-up by the third quarter of 2015, Douglas van der Wiel, vice president, commercial at Oiltanking Asia Pacific, said Wednesday, September 17. The terminal will have an initial capacity of 760,000 cubic meters, but this could be expanded by 500,000 cu m in phase 1b of the project, Platts had previously reported. Of the total tankage, 245,000 cu m will be dedicated to clean products across 19 tanks, including jet fuel, while the balance of 388,000 cu m would be for dirty products across 11 tanks.
New York (Platts)--16 Sep 2014 340 pm EDT/1940 GMT
CCI Corpus Christi's condensate export splitter project, geared towards finding a home outside of the US for rapidly growing North American production of ultra-light, sweet liquids, moved forward Monday after receiving federal environmental regulatory approval.
Moscow (Platts)--16 Sep 2014 1000 am EDT/1400 GMT
OPEC secretary general Abdalla el-Badri said Tuesday he expected world oil prices to stage a recovery from two-year lows by the end of this year.
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Natural Gas

London (Platts)--17 Sep 2014 839 am EDT/1239 GMT
Gas for day-ahead delivery fell Wednesday morning from Tuesday -- dipping slightly back below 50.00 pence/therm -- as flows resumed through the St Fergus Shell terminal.
Washington (Platts)--16 Sep 2014 428 pm EDT/2028 GMT
The White House on Tuesday said it plans to veto a sweeping energy bill the Republican-controlled House is expected to approve this week.
London (Platts)--16 Sep 2014 959 am EDT/1359 GMT
The average German gas import price in July was down 8.4% from June at Eur20.60/MWh, and down 25.0% from the price in July 2013, according to data from German customs agency BAFA released Tuesday.
Singapore (Platts)--16 Sep 2014 430 am EDT/830 GMT
South Korean LNG imports in August were 22% lower year on year for the sixth straight month, at 2.54 million mt, customs data released Monday, September 15, by the Customs Service showed.
Houston (Platts)--15 Sep 2014 330 pm EDT/1930 GMT
Imports of liquefied natural gas into Argentina registered a 7% decline in July from the same month in 2013, while domestic gas production ticked up 0.7% over the same period, recent data from Argentina's General Mosconi Institute and Platts unit Bentek Energy showed.
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Electric Power

London (Platts)--17 Sep 2014 832 am EDT/1232 GMT
French day-ahead baseload power prices rose to Eur40/MWh in OTC trading Wednesday for the first time since late April as warmer weather lifted demand.
Washington (Platts)--16 Sep 2014 419 pm EDT/2019 GMT
US Nuclear Regulatory Commission certification of GE Hitachi's Economic Simplified Boiling Water Reactor design for construction and operation in the US will provide a boost for the reactor in overseas markets, the company's CEO said Tuesday.
London (Platts)--16 Sep 2014 956 am EDT/1356 GMT
Turkish month-ahead baseload power prices fell below Lira 160/MWh ($72.32/MWh) in the past week as cooling temperatures reduced national consumption and weighed on both contracts for spot and October delivery, according to market sources.
Washington (Platts)--15 Sep 2014 418 pm EDT/2018 GMT
High temperatures fueling strong demand Monday have caused the California Independent System Operator to issue a restricted maintenance notice for the Southern California region.
London (Platts)--15 Sep 2014 957 am EDT/1357 GMT
German prompt power prices eased Monday with renewables set to pick-up ahead of the expected return of a nuclear power reactor Wednesday, but some tightness remained in the system especially for morning peakload hours, which jumped above Eur50/MWh on the spot exchange, according to sources.
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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.
Singapore (Platts)--16 Sep 2014 939 am EDT/1339 GMT
Bearish sentiment swept across the Chinese market following the import restrictions reported Monday, with bids and offers reported lower, sources said Tuesday.
Sao Paulo, Brazil (Platts)--15 Sep 2014 413 pm EDT/2013 GMT
Toronto-based Pacific Coal Resources plans to resume its Colombian metallurgical coal operations in second-quarter 2015, a source close to the matter said Friday.
Warsaw (Platts)--15 Sep 2014 937 am EDT/1337 GMT
Poland is not planning to sell some of the mines owned by bankruptcy-threatened hard coal miner Kompania Weglowa (KW) to its state-controlled power utilities, Economy Minister Janusz Piechocinski said Monday, denying comments made by his deputy last week.
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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.
Houston (Platts)--15 Sep 2014 416 pm EDT/2016 GMT
Container traffic at the Port of Los Angeles last month reached its highest level in four years, according to monthly cargo volumes released by the port Monday.
Houston (Platts)--15 Sep 2014 309 pm EDT/1909 GMT
The US Port of Charleston has been awarded nearly $11 million by the federal government for the port's push to accommodate post-Panamax ships expected to arrive once the Panama Canal expansion is completed.
Singapore (Platts)--15 Sep 2014 939 am EDT/1339 GMT
The Maritime and Port Authority of Singapore has issued a notification to the shipping community, advising precaution in port waters, with reduced visibility due to the hazy weather, it said in a statement Monday.
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London (Platts)--17 Sep 2014 920 am EDT/1320 GMT
EU styrene imports in July fell 16% month on month to 53,628 mt, Eurostat data showed, reflecting reduced demand amid a seasonal slowdown in construction-driven EPS consumption.
London (Platts)--16 Sep 2014 932 am EDT/1332 GMT
Northwest European benzene exports to the US Gulf fell 17.5% month-on-month to 15,105 mt in July, latest Eurostat data showed, despite an open arbitrage on higher imports from Asia.
Tokyo (Platts)--16 Sep 2014 105 am EDT/505 GMT
The Asian butadiene/naphtha spread hit its widest level in 10 months Monday, September 15, amid crude-led weakness in naphtha feedstock while butadiene prices remain high on tight supply.
Houston (Platts)--15 Sep 2014 419 pm EDT/2019 GMT
Final settlements for US propylene contract prices for September called for a rollover from August, sources said Monday.
London (Platts)--15 Sep 2014 340 pm EDT/1940 GMT
EU ethylene exports and propylene imports were up for the first seven months of the year due to increased used of propane and butane as feedstocks by steam crackers, recent Eurostat data showed.
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London (Platts)--17 Sep 2014 748 am EDT/1148 GMT
Eight companies operating in West Africa have welcomed President Obama's announcement that the US will commit additional resources to tackle the proliferation of Ebola.
Sydney (Platts)--17 Sep 2014 749 am EDT/1149 GMT
The price of Australian alumina rose $4/mt Wednesday, taking the Platts daily assessment to $338/mt FOB, driven, sources said, by higher Chinese domestic prices and seasonal restocking in China during the fourth quarter.
Singapore (Platts)--17 Sep 2014 746 am EDT/1146 GMT
Australian metallurgical coal miners have over the past week and a half benefited from a 3% drop in the Australian dollar against the US dollar, which if sustained could help struggling producers survive for longer and others grow their global market share, analysts and industry sources said Wednesday.
Pittsburgh (Platts)--16 Sep 2014 426 pm EDT/2026 GMT
Russian steelmakers Severstal has completed the sale of its mills in Dearborn, Michigan, and Columbus, Mississippi, the company said Tuesday.
Sao Paulo (Platts)--16 Sep 2014 420 pm EDT/2020 GMT
Brazil's iron ore exports to China in August fell 12%, to 14.7 million mt, from 16.7 million mt in August 2013, according to data released Tuesday by Brazil's ministry of trade, MDIC.
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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.
Houston (Platts)--12 Sep 2014 530 pm EDT/2130 GMT
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday plunged 16.01 cents, or 16.1%, to a two-month low of 83.43 cents/gal, a review of US Department of Agriculture and Platts data showed.
London (Platts)--11 Sep 2014 336 pm EDT/1936 GMT
US Gulf Coast shipping rates were stable Thursday, but the market remained buoyant on a steady amount of grain coming out of the region, market sources said.
Brasilia (Platts)--10 Sep 2014 1227 pm EDT/1627 GMT
If you want to know how Brazil's business sector feels about the upcoming presidential election, then look no further than the country's markets.
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