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New York (Platts)--28 Nov 2015 407 am EST/907 GMT
The oil complex settled lower in low-volume, post-holiday US trade Friday, led by prompt NYMEX crude and ULSD futures.
London (Platts)--27 Nov 2015 825 am EST/1325 GMT
Recent bearish sentiment in the Northwest European high sulfur fuel oil market has eased somewhat after several VLCC cargoes were heard to be loading in December, helping to reduce the oversupply in the region, sources said.
Singapore (Platts)--27 Nov 2015 113 am EST/613 GMT
Leading commodity investor Jim Rogers says the liberalization of China's oil markets could not have come at a better time, with global crude oil prices under pressure.
London (Platts)--26 Nov 2015 847 am EST/1347 GMT
The FOB Oseberg premium over FOB Ekofisk has increased to its highest level in over 10 months, despite many local refiners finding both North Sea sweet grades uneconomic at current differentials given the availability of cheap alternatives.
Singapore (Platts)--26 Nov 2015 121 am EST/621 GMT
The launch of China's crude oil futures is likely to be delayed, possibly until the second quarter of 2016, as authorities take a fresh look at crude grades included for delivery into the contract, while they step up efforts to ensure plentiful storage for participants, sources close to developments told Platts this week.
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Natural Gas

London (Platts)--27 Nov 2015 829 am EST/1329 GMT
UK NBP spot gas prices were lower Friday morning following stronger supply from the Netherlands and Norway.
Singapore (Platts)--27 Nov 2015 634 am EST/1134 GMT
Platts January JKM ended the week at $7.175/MMBtu, down 30/MMBtu from 7.475/MMBtu last Friday.
Barcelona (Platts)--26 Nov 2015 850 am EST/1350 GMT
The startup of the Iberian gas hub could add liquidity in the southern French TRS zone as well as Spain as the possibility of Spain-to-France gas exports via the expanded pipeline links moves nearer, panel members at the EMart conference in Barcelona said Wednesday.
Jakarta (Platts)--26 Nov 2015 328 am EST/828 GMT
Indonesia's Pertamina now estimates the long-awaited East Natuna block might not be ready for production until at least 2030, six years after the latest estimate of 2024, a senior official said Thursday.
Boston (Platts)--25 Nov 2015 434 pm EST/2134 GMT
Environmental groups are shifting to economics-based arguments to shut down coal-fired units, and raising portfolio diversity-based concerns about new natural gas-fired units being built.
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Electric Power

London (Platts)--26 Nov 2015 852 am EST/1352 GMT
French prompt power prices fell Thursday after demand forecasts for Friday and into next week were revised lower amid an expected increase in wind generation in France and Germany, sources said.
Portland, Maine (Platts)--25 Nov 2015 435 pm EST/2135 GMT
While companies have been increasingly buying renewable energy for several years, Las Vegas is joining an emerging trend of US cities switching to green energy.
London (Platts)--25 Nov 2015 912 am EST/1412 GMT
The UN climate summit starting Monday in Paris is set to draw a line under the Kyoto Protocol and start afresh with a new deal that binds all nations together in an effort to tackle climate change, rather than only developed countries.
Washington (Platts)--24 Nov 2015 128 pm EST/1828 GMT
The daily spot price of uranium was $36/lb U3O8 Monday, unchanged from November 16 and November 9, as buyers continue to show only tepid interest in buying material, according to price reporting company TradeTech.
London (Platts)--24 Nov 2015 821 am EST/1321 GMT
UK day-ahead power prices fell sharply Tuesday, extending Monday's losses as steady demand amid mild weather conditions and stable wind power forecasts weakened the prompt market.
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Kiev (Platts)--27 Nov 2015 948 am EST/1448 GMT
Ukraine is seeking extra imports of anthracite coal from South Africa and other sources on looming shortages after supplies from Russia and territories controlled by pro-Russian separatists in Donetsk and Luhansk regions were suspended, Energy and Coal Industry Minister Volodymyr Demchyshyn said Friday.
Hanoi (Platts)--27 Nov 2015 627 am EST/1127 GMT
Vietnam National Coal-Mineral Industries, or Vinacomin, plans to import 1.5 million-2 million mt of coal in 2016, up from about 500,000 mt this year, the company said Thursday.
London (Platts)--26 Nov 2015 854 am EST/1354 GMT
The board of directors of South African junior miner Coal of Africa Limited (CoAL) have recommended that an offer be made to acquire Universal Coal for A$126.4 million (US$91 million), providing the company with immediate coal production and cash flow.
Perth (Platts)--26 Nov 2015 854 am EST/1354 GMT
Australia's competition regulator Thursday rejected undertakings from Canada-based infrastructure fund Brookfield Partners that were designed to address concerns over its takeover bid for Australian ports and rail operator Asciano.
Perth (Platts)--25 Nov 2015 913 am EST/1413 GMT
Australia's Griffin Coal achieved an average price of A$42/mt ($30.50/mt) for its thermal coal over July-September, A$1/mt lower than its average sales price in April-June, the company's Indian owner said in a report Monday.
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Singapore (Platts)--27 Nov 2015 625 am EST/1125 GMT
As Persian Gulf freight rates lurk around their lowest levels for the year, some shipowners are chartering out their LR1 ships for voyages into the US in the hope of finding better returns in a relatively stronger West market. At least five LR1 ships have been fixed in the last one week on the West Coast India-US Atlantic Coast routes, significantly below the last done rates, amid a better outlook for the LR1 rates in the West.
Singapore (Platts)--26 Nov 2015 858 am EST/1358 GMT
New York listed Scorpio Bulkers said Thursday it had sold six Capesize vessels -- two existing and four under construction -- to unaffiliated third parties for approximately $227 million.
Singapore (Platts)--26 Nov 2015 326 am EST/826 GMT
A dearth of tonnage for Aframax tankers, caused by weather inflicted delays in North Asian ports, in addition to busy activity this week spiked the key Indonesia-Japan voyage rate up 12.5 Worldscale points Wednesday, said market sources. "I think the market is firming dramatically with w122.5 for Lion City River a fair [indication] of the market," said a shipowner.
Mexico City (Platts)--24 Nov 2015 702 pm EST/002 GMT
The Mexican ports Pajaritos and Dos Bocas, both on the coast of the Gulf of Mexico, reopened to shipping late Tuesday after being shut Monday due to bad weather, the Ministry of Communications and Transportation said.
Copenhagen (Platts)--24 Nov 2015 822 am EST/1322 GMT
Norwegian dry bulk carrier Golden Ocean said Tuesday it expected the market to remain difficult for the next 6-12 months, not least because of slowing Chinese economic growth, as it posted a bigger third-quarter loss year on year.
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Singapore (Platts)--27 Nov 2015 949 am EST/1449 GMT
Polyethylene shipments from Singapore to India are expected to pick up in the long term following a free trade agreement taking effect December 1, sources said Friday.
Jakarta (Platts)--26 Nov 2015 901 am EST/1401 GMT
Indonesia's state-owned oil and gas company Pertamina has signed a heads of agreement for a $5.5 billion upgrade of the Cilacap refinery with Saudi Aramco, president director Dwi Soetjipto said in a statement Thursday.
Houston (Platts)--26 Nov 2015 900 am EST/1400 GMT
US export PVC prices dropped $20/mt Wednesday to be assessed by Platts at $620-$630/mt FAS Houston, following talks of strong supply in November and December, weak global demand and declining ethylene feedstock prices, sources said Wednesday.
London (Platts)--25 Nov 2015 957 am EST/1457 GMT
Northwest European styrene monomer feedstock costs for December are set to rise as a bullish ethylene market is expected to outweigh stability in the benzene market ahead of the styrene MCP settlement due early next week, industry sources said.
Singapore (Platts)--25 Nov 2015 112 am EST/612 GMT
Some polymer traders in China are re-exporting their spot imported LDPE and LLDPE cargoes in a bid to clear inventory in the face of weak domestic demand, sources said Wednesday.
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Singapore (Platts)--27 Nov 2015 831 am EST/1331 GMT
Spot export trading in Chinese electrolytic manganese metal (EMM) on a FOB basis continued to be extremely thin due to the absence of buying interest, while offers generally remained though tightening supply may lend some support, market sources said Friday.
London (Platts)--27 Nov 2015 828 am EST/1328 GMT
Aluminum alloy prices began to head slightly higher this week as key first-quarter buyers entered the market for significant volumes while at the same time scrap prices look set to rise in the winter months and new year.
Singapore (Platts)--27 Nov 2015 630 am EST/1130 GMT
Ferrous scrap dropped for the second straight week in eastern China as rebar and iron ore prices were dragged down further by sluggish demand amid the seasonal winter lull.
London (Platts)--26 Nov 2015 904 am EST/1404 GMT
The global tin market is set for a 6,000 mt deficit in 2015, despite a decline of 3% in demand this year to 346,900 mt, the International Tin Research Institute said Thursday at its annual London Tin Investment Seminar.
Singapore (Platts)--26 Nov 2015 903 am EST/1403 GMT
Platts China ex-works Henan alumina spot price continued at Yuan 1,860/mt ($291/mt) for 70:30 cash and credit payment terms on Thursday, after dropping Yuan 40 the day before.
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London (Platts)--27 Nov 2015 1049 am EST/1549 GMT
The UK's only sugarcane refiner has welcomed the findings of a report published by the UK government this week suggesting the raw sugar import-dependent sector is set to lose out the most when quotas on domestic beet production are abolished in 2017.
London (Platts)--27 Nov 2015 830 am EST/1330 GMT
One of Europe's biggest ethanol producers, Spain's Abengoa, told Platts that all production facilities are running normally with no plan to stop.
Singapore (Platts)--27 Nov 2015 632 am EST/1132 GMT
China's demand for ethanol imports has taken a hit, resulting in lower prices over recent weeks, as buyers have backed off amid possible import restrictions and higher domestic supply, industry sources said Friday.
London (Platts)--25 Nov 2015 437 pm EST/2137 GMT
Concerns over potential resupply to the European ethanol market may kick open another rare arbitrage opportunity, with the US the most plausible supply location, trading sources said Wednesday.
Santos (Platts)--24 Nov 2015 126 pm EST/1826 GMT
Brazilian hydrous fuel ethanol demand in October rose 45% year on year to 1.75 billion liters, the fourth monthly consumption record in a row, according to data released by the National Petroleum Agency, or ANP.
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