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Houston (Platts)--22 May 2015 1253 pm EDT/1653 GMT
US drivers hitting the roads this Memorial Day weekend can expect to find the lowest prices at the pump since 2009, federal data showed Friday.
London (Platts)--22 May 2015 729 am EDT/1129 GMT
The high-sulfur FOB fuel oil Rotterdam barge crack spread against Dated Brent has reached its widest discount since the beginning of January, standing at $14.24/barrel, Platts data shows.
Singapore (Platts)--22 May 2015 633 am EDT/1033 GMT
Singapore high sulfur fuel oil June derivative contracts cleared by ICE Clear Europe have seen open interest surge 93% year on year to 18.585 million mt Wednesday from 9.627 million mt on the same date a year earlier, ICE data showed Friday.
Washington (Platts)--21 May 2015 450 pm EDT/2050 GMT
Faced with intense opposition from environmentalists, the director of the US Interior Department's Bureau of Ocean Energy Management defended the administration's conditional approval of Shell's plans to drill in the Arctic this summer, a decision she indicated was based on both federal statute and, partly, national security.
London (Platts)--21 May 2015 1145 am EDT/1545 GMT
OPEC's crude oil exports, excluding those from Angola and Ecuador, are expected to average 23.95 million b/d over the four weeks to June 6, up 360,000 b/d from the previous four-week period, UK-based tanker tracker Oil Movements said Thursday.
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Natural Gas

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.
London (Platts)--22 May 2015 611 am EDT/1011 GMT
The Conservative party victory in the UK's May 7 general election has removed one uncertainty for the energy sector, only to replace it with another.
Houston (Platts)--21 May 2015 452 pm EDT/2052 GMT
NYMEX June natural gas futures settled 3.4 cents higher at $2.949/MMBtu Thursday as the market reacted to a government storage report that showed an inventory build below expectations.
London (Platts)--21 May 2015 754 am EDT/1154 GMT
Derivatives exchange CME Group is committed to its new European gas cleared futures contracts, it told Platts this week, despite a dearth of interest in most of its current offerings.
Melbourne (Platts)--21 May 2015 416 am EDT/816 GMT
Australia's Woodside Petroleum is considering acquiring equity in LNG receiving terminals across Asia, Reinhardt Matisons, the company's executive vice president of marketing, trading and shipping, said Thursday, May 21.
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Electric Power

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.
Houston (Platts)--20 May 2015 536 pm EDT/2136 GMT
Power and natural gas companies are finding a number of ways to adapt to their swiftly changing economic, regulatory and technological environment, attendees of a discussion at KPMG's Global Energy Conference learned Wednesday.
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Houston (Platts)--20 May 2015 425 pm EDT/2025 GMT
US railroads originated a new year-low volume of coal carloads for the week ending May 16, marking the lowest total in 120 weeks, according to data released Wednesday by the Association of American Railroads.
London (Platts)--19 May 2015 825 am EDT/1225 GMT
Germany's energy minister Sigmar Gabriel will revisit some details of the proposed climate change levy on fossil-fuelled power plants older than 20 years after protest from some generators, unions and lignite-mining states, German media reported Tuesday.
New Delhi (Platts)--19 May 2015 628 am EDT/1028 GMT
Indian power utilities imported around 7.8 million mt of thermal coal in April, the first month of fiscal 2015-16, up 8% year on year, according to latest data from the Central Electricity Authority (CEA) seen by Platts Tuesday.
Houston (Platts)--18 May 2015 519 pm EDT/2119 GMT
More signs of the Central Appalachian coal industry's struggles emerged Monday as Walter Energy confirmed it may soon lay off as many as 370 coal workers in Alabama, just days after Alpha Natural Resources said it reduced its workforce in its Kentucky and West Virginia operations by 71 employees.
Brisbane (Platts)--18 May 2015 523 am EDT/923 GMT
The vessel queue at Newcastle's Port Waratah Coal Services terminals has continued to decline for a second week, reaching a one-month low of 28 ships on Monday, Australia's Hunter Valley Coal Chain Coordinator said in a report.
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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.
Houston (Platts)--20 May 2015 429 pm EDT/2029 GMT
A trading house was heard Tuesday to be arranging to import a cargo of ultra low sulfur diesel into the US Pacific Northwest, reversing the region's export trend as it continues to be the most expensive diesel spot market in the country.
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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.
London (Platts)--22 May 2015 605 am EDT/1005 GMT
A buoyant European automotive sector is driving coolant demand in a tightly supplied market, boosting European monoethylene glycol prices, despite stable demand for derivative polyethylene terephthalate, trader sources said.
Singapore (Platts)--22 May 2015 156 am EDT/556 GMT
The spread between Asian paraxylene and isomer-grade mixed xylenes narrowed to a 58-month low of $93/mt FOB Korea Thursday, May 21, as PX producers prepare to restart significant capacity after maintenance.
Guangzhou, China (Platts)--21 May 2015 1042 pm EDT/242 GMT
Southeast Asia needs more high density polyethylene and low density polyethylene production capacity because demand will likely outstrip supply within 10 years, market participants said Thursday, May 21, on the sidelines of the Chinaplas 2015 conference in Guangzhou.
Houston (Platts)--21 May 2015 454 pm EDT/2054 GMT
US benzene production fell to 85,320 b/d in the week ended May 15 from 95,830 b/d during the prior week due to poor on-purpose production margins, a Platts analysis showed Thursday.
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London (Platts)--22 May 2015 1257 pm EDT/1657 GMT
June US ferrous scrap pricing expectations strengthened this week, as dealers continued to report limited availability and mill demand inched up, market sources said Friday.
Melbourne (Platts)--22 May 2015 719 am EDT/1119 GMT
Standard & Poor's has given BHP Billiton's demerged entity South32 a BBB+ credit rating, noting the new company's balance sheet was strong enough to withstand weaker commodity prices.
Singapore (Platts)--22 May 2015 703 am EDT/1103 GMT
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday.
Singapore (Platts)--22 May 2015 702 am EDT/1102 GMT
Ferrous scrap prices remained unchanged in eastern China for the second straight week, as major steelmakers in the region kept buying prices unchanged despite lower rebar prices.
Pittsburgh (Platts)--21 May 2015 616 pm EDT/2216 GMT
Cold-rolled pricing appears to be more fluid in the US market than hot-rolled, despite reportedly solid auto demand and general enthusiasm for the latest round of flat-rolled price increases, market sources said Thursday.
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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.
Houston (Platts)--21 May 2015 453 pm EDT/2053 GMT
Soybean oil net export sales jumped more than 35% last week, rising for the third time in the last four weeks, US Department of Agriculture data showed Thursday.
London (Platts)--21 May 2015 805 am EDT/1205 GMT
The EU issued 9,663 mt of sugar import licenses during the week beginning May 11 under EPA-EBA agreements, down 68% week on week, the European Commission said Thursday.
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