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London (Platts)--29 Apr 2016 917 am EDT/1317 GMT
The flat price for CIF NWE naphtha cargoes reached a near five-month high on the back of a strengthening crude complex Thursday, while physical fundamentals in the naphtha market remained stable.
London (Platts)--29 Apr 2016 915 am EDT/1315 GMT
Angolan crude values have weakened sharply this week as demand from the Far East has slowed for the June trading cycle, market sources said.
Seoul (Platts)--29 Apr 2016 911 am EDT/1311 GMT
South Korea and Iran are in talks to store 2 million barrels of Iranian crude oil and condensate in South Korea's tanks, a government source told Platts Friday.
Houston (Platts)--28 Apr 2016 617 pm EDT/2217 GMT
Another unexpected refinery outage Thursday on the US Gulf Coast helped push gasoline prices to their highest levels in nearly eight months.
London (Platts)--28 Apr 2016 1009 am EDT/1409 GMT
The recent strength in the ICE Brent market this week pushed the prompt Brent-Dubai EFS to its highest level since mid-January, which traders said is likely to dampen buying interest from the far East in Atlantic Basin crudes, particularly from West Africa.
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Natural Gas

Anchorage (Platts)--29 Apr 2016 638 pm EDT/2238 GMT
The Alaska LNG Project will delay its formal application to the US Federal Energy Commission until mid-November 2017 from the September 2017 date that had been planned, a spokesman for a project partner said Friday.
London (Platts)--29 Apr 2016 914 am EDT/1314 GMT
Italy's Eni is again re-negotiating the terms of its Libyan gas supply contract with fellow Italian firm Edison following an arbitration award in Edison's favor at the end of 2015, Eni CFO Massimo Mondazzi said Friday.
Singapore (Platts)--29 Apr 2016 912 am EDT/1312 GMT
Samsung Heavy Industries announced Thursday that Shell has canceled a $4.6 billion contract with the shipbuilder for three floating LNG units for the Browse FLNG project in Australia, in a filing to the South Korean stock exchange.
London (Platts)--28 Apr 2016 620 pm EDT/2220 GMT
Argentina's Enarsa has canceled a buy tender looking for nine DES LNG cargoes between June and August, market sources said, citing lower than hoped offers as the primary reason for not awarding the tender.
Seoul (Platts)--28 Apr 2016 1009 am EDT/1409 GMT
South Korea will cut retail natural gas prices for households and industry by an average of 5.6% from May 1 to reflect reduced LNG import costs, the Ministry of Trade, Industry and Energy said Thursday.
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Electric Power

Washington (Platts)--29 Apr 2016 646 pm EDT/2246 GMT
Exelon's 1,098-MW Clinton unit in Clinton, Illinois, is coasting toward a refueling outage, company spokesman Brett Nauman said Friday.
London (Platts)--29 Apr 2016 913 am EDT/1313 GMT
UK day-ahead power prices fell on Friday, amid waning trading activity ahead of the three-day bank holiday weekend, as healthy supplies and falling power demand had a bearish influence on the prompt market.
Houston (Platts)--28 Apr 2016 623 pm EDT/2223 GMT
The PJM Interconnection's capacity performance auction process continues to face challenges, and some stakeholders want to take a methodical, comprehensive approach to overcoming those challenges without creating unintended consequences.
Stockholm (Platts)--28 Apr 2016 1012 am EDT/1412 GMT
The CEO of Swedish utility Vattenfall, which has large stakes in Germany's Brunsbuttel and Krummel nuclear plants, said the additional amount German nuclear power producers would have to pay for decommissioning and spent fuel storage under a proposed plan is "disproportionate to the economic strength of the utilities."
London (Platts)--27 Apr 2016 702 am EDT/1102 GMT
A House of Commons select committee backed the UK's proposal to set the fifth carbon budget at 1,765 million metric tons of carbon dioxide equivalent (MtCO2e), which would cut emissions to an average 57% below 1990 baseline levels.
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Houston (Platts)--29 Apr 2016 637 pm EDT/2237 GMT
Cloud Peak Energy's gloomy first-quarter earnings call reflects the various headwinds facing its Powder River Basin competitors, but the company has advantages that could help it navigate the downturn, analysts said Friday.
London (Platts)--29 Apr 2016 918 am EDT/1318 GMT
Turkey imported 2.76 million mt of bituminous thermal coal in March, rising 29.5% year on year and also climbing 10.8% from February to a three-month high, according to data from the Turkish statistical Institute (TUIK) published Friday.
Houston (Platts)--28 Apr 2016 601 pm EDT/2201 GMT
Coal dropped to 29.6% of US utility-scale power generation in February as natural gas and renewables each captured greater market share, the US Energy Information Administration said Thursday.
London (Platts)--28 Apr 2016 1013 am EDT/1413 GMT
Thermal coal stocks at three delivery terminals in western Europe's Amsterdam-Rotterdam-Antwerp trading hub had combined inventories of around 3.85 million mt Thursday, remaining largely steady week on week, according to data gathered from port sources.
Hunan, China (Platts)--28 Apr 2016 1012 am EDT/1412 GMT
Combined coal stocks held by China's six key power generators in southern and eastern China averaged 11.489 million mt in the week to April 26, up 0.2%, according to a weekly report by Qinhuangdao Port on Thursday.
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London (Platts)--29 Apr 2016 921 am EDT/1321 GMT
The key bunker fuel grade of 380 CST broke above the 200/mt barrier Friday in the Dutch bunkering hub of Rotterdam as crude continued to strengthen, sources said.
Singapore (Platts)--29 Apr 2016 920 am EDT/1320 GMT
Bunker trader WE Bunker has appealed against a Singapore court ruling that it immediately pay a Vietnamese customer $1 million in a long-running dispute over 2012 bunker deliveries, court papers filed this week showed.
London (Platts)--28 Apr 2016 1015 am EDT/1415 GMT
Weaker Rotterdam fuel oil barges and cheaper VLCC freight rates look set to reopen the key arbitrage route from Northwest Europe to Singapore in May, according to traders.
Singapore (Platts)--28 Apr 2016 1018 am EDT/1418 GMT
The Maritime and Port Authority of Singapore has revoked the bunker craft operator licenses of Seaquest Tanker and Vermont UM Bunkering, "with effect from 26 and 27 April 2016 respectively," the authority said in a statement late Thursday.
Dubai (Platts)--28 Apr 2016 1014 am EDT/1414 GMT
The UN Security Council has added a tanker carrying a disputed cargo of crude oil loaded from Libya's eastern Marsa el-Hariga oil terminal to its list of sanctioned individuals and entities.
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Houston (Platts)--29 Apr 2016 645 pm EDT/2245 GMT
Mexico's Braskem-Idesa will begin operations Friday on its second high-density polyethylene line at the Etileno XXI petrochemical complex, and the low-density line will ramp up the second week of May, a company spokeswoman said Friday.
London (Platts)--29 Apr 2016 922 am EDT/1322 GMT
European styrene butadiene rubber producers and traders are looking to raise their May offers by a minimum of Eur35/mt in a bid to hold on to the higher than Eur500/mt margin over butadiene reached in early April, trade sources said this week.
Houston (Platts)--28 Apr 2016 622 pm EDT/2222 GMT
The 1.3 million mt/year methanol plant in Damietta, Egypt, which been idled since March, is unlikely to restart during the peak summer natural gas demand season, Methanex CEO John Floren said Thursday.
London (Platts)--28 Apr 2016 1021 am EDT/1421 GMT
Buyers and sellers of virgin polyethylene terephthalate expect prices to continue firming in May as a result of tight supply and possible rising costs of raw materials, sources said.
Houston (Platts)--27 Apr 2016 656 pm EDT/2256 GMT
Polyvinyl chloride import spot pricing in Peru continued to rise this week as both buyers and sellers indicated levels were pushing up toward the $900/mt CFR level.
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London (Platts)--29 Apr 2016 925 am EDT/1325 GMT
Precious metals were all higher Friday morning, supported by a weaker US dollar, gold touching seven-week highs of $1,280/oz, while silver continues to outperform, hitting 15-month highs close to $18/oz.
Singapore (Platts)--29 Apr 2016 923 am EDT/1323 GMT
Steel mills in eastern China cut their ferrous scrap buying prices in the latter half of this week after a significant increase on Monday, given domestic rebar prices started to trend downward.
Sydney (Platts)--29 Apr 2016 548 am EDT/948 GMT
Vinacomin of Vietnam has committed to export alumina in bulk form for the first time ever, rather than packed in bags, a company source said Friday.
Lima, Peru (Platts)--28 Apr 2016 634 pm EDT/2234 GMT
Freeport McMoRan said its Peruvian unit nearly tripled first-quarter copper production after bringing online a $4.6 billion expansion.
Liverpool (Platts)--28 Apr 2016 1023 am EDT/1423 GMT
Iron ore prices will fall 10% this year from 2015, the World Bank said in its latest Commodity Markets Outlook.
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Houston (Platts)--29 Apr 2016 639 pm EDT/2239 GMT
Chicago CBOB flipped to a premium over Chicago Argo ethanol Wednesday and Thursday for the first time since November 4.
London (Platts)--29 Apr 2016 931 am EDT/1331 GMT
Increasing outright FAME 0 prices over the course of April and ethanol prices holding below Eur500/cu m have resulted in European blending interest turning from biodiesel to ethanol, sources said.
London (Platts)--29 Apr 2016 929 am EDT/1329 GMT
Ethanol imports from Central America are due to come to the EU in May, adding to the current plentiful supply in tanks in the region, market sources said Friday.
Houston (Platts)--28 Apr 2016 621 pm EDT/2221 GMT
The front-month Chicago ethanol swap was assessed 1 cent over Chicago Argo ethanol Thursday after trading at a discount since April 7.
Sao Paulo (Platts)--27 Apr 2016 655 pm EDT/2255 GMT
The 2016-17 (April-March) sugarcane crush in Center-South Brazil is expected to reach a minimum of 605 million mt and a maximum of 630 million mt, down 2% at the minimum or up 2% at the maximum from 2015-16, industry association UNICA said Wednesday.
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