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Oil

London (Platts)--20 Oct 2014 723 am EDT/1123 GMT
Physical high sulfur fuel oil cargoes in the Mediterranean have hit a 10-month high to Rotterdam barges amid improved fuel availability in Northwest Europe, sources said Monday.
London (Platts)--20 Oct 2014 712 am EDT/1112 GMT
Libya's state-owned NOC has called on workers to end strike action at fields in the east of the country, and to maintain production at the highest technical rate possible given the falling oil price, which is denting Libyan crude revenues.
Singapore (Platts)--20 Oct 2014 538 am EDT/938 GMT
An estimated 4.2 million barrels or 140,000 b/d of South Sudan's Dar Blend crude oil is expected to be exported in November, down 8.7% from 4.6 million barrels due to be exported in October, trade sources said Monday.
Singapore (Platts)--20 Oct 2014 436 am EDT/836 GMT
The recent rapid drop in global crude prices has left Chinese refiners grappling with negative margins as they struggle to process crude purchased at a higher price a few months ago and concurrently selling oil products at lower prices.
Mumbai (Platts)--20 Oct 2014 1231 am EDT/431 GMT
India's Cabinet Committee on Economic Affairs has deregulated gasoil prices, allowing oil companies to set their own retail prices as of midnight Saturday, October 18.
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Natural Gas

Dhaka (Platts)--20 Oct 2014 409 am EDT/809 GMT
Bangladesh has for the first time decided to set the domestic gas tariffs in line with the costs of production following requests from international oil companies for an increase, a former senior Petrobangla official told Platts Monday, October 20.
Washington (Platts)--17 Oct 2014 338 pm EDT/1938 GMT
Technical strength and continued worries of a winter surprise dominated trading Friday of NYMEX November natural gas futures as they ground lower in an oversupplied market, losing 3 cents to settle at $3.766/MMBtu, an 11-month low for the front-month contract.
Barcelona (Platts)--17 Oct 2014 850 am EDT/1250 GMT
Spanish gas demand is seen down 5.8% year on year in November to 28.4 TWh due to a forecast decrease in demand from both homes and businesses and the power generation sector, gas grid operator Enagas said Friday.
Tokyo (Platts)--17 Oct 2014 508 am EDT/908 GMT
Gas sales by Tokyo Gas came in at 7.1 billion cubic meters in the first half of the fiscal year, April-September, up 8% year on year and the largest volume on record for the period, Tokyo Gas said Friday, October 17.
Pittsburgh, Pennsylvania (Platts)--16 Oct 2014 536 pm EDT/2136 GMT
Marcellus and Utica basin natural gas producers will still be able to make money even if long-term prices do not substantially rise from current levels, speakers at a Platts oil and gas conference said Thursday.
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Electric Power

London (Platts)--20 Oct 2014 846 am EDT/1246 GMT
German day-ahead power prices inched higher Monday as wind power output was forecast to dip going into Tuesday ahead of a new surge with Wednesday baseload trading again below Eur30/MWh, sources said.
Portland, Maine (Platts)--17 Oct 2014 338 pm EDT/1938 GMT
Arizona's electrical load is growing more slowly than forecast, leading to delays in high-voltage transmission projects in the state, according to an Arizona Corporation Commission report.
London (Platts)--17 Oct 2014 844 am EDT/1244 GMT
The single, national day-ahead purchasing price (PUN) on Italian power exchange IPEX fell in September settled at an average Eur57.97/MWh, down 10.4% year on year and up 22.9% month on month, exchange manager GME said.
Washington (Platts)--16 Oct 2014 505 pm EDT/2105 GMT
The US Federal Energy Regulatory Commission on Thursday maintained its position that the existing 11.14% base rate of return on equity for transmission in the ISO New England region is unjust and unreasonable and upheld an order cutting the rate to 10.57%.
London (Platts)--16 Oct 2014 956 am EDT/1356 GMT
French regulated power tariffs should rise by at least 1.6% in 2014, and a further 1.5% in 2015, under a new pricing formula which has a higher weighting toward wholesale market prices, energy regulator CRE said in a document published late Wednesday.
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Coal

London (Platts)--20 Oct 2014 729 am EDT/1129 GMT
South Korea's imports of thermal coal in September fell 1% year on year to 7.06 million mt, which was 9% down from August to the lowest monthly total this year as flows from Indonesia continued to decline, customs data showed Monday.
Houston (Platts)--17 Oct 2014 521 pm EDT/2121 GMT
Rail congestion hurt third-quarter utility coal revenues for Kansas City Southern, which reported Friday a 4% drop in utility coal revenues amidst an overall strong earnings report.
Manila (Platts)--17 Oct 2014 244 am EDT/644 GMT
A further drop in Newcastle 6,300 kcal/kg GAR coal prices to below $60/mt FOB is possible as falling oil prices are resulting in cost savings for Australian producers and providing a buffer for them to accept lower FOB prices, Xavier Jean, a Singapore-based director for Standard & Poor's said Friday, October 17.
Houston (Platts)--16 Oct 2014 454 pm EDT/2054 GMT
Westmoreland Coal has renewed its five-year lease on the southern portion of the 10,427-acre Absaloka Mine near Hardin, Montana, an official with the Office of Surface Mining Reclamation and Enforcement's office in Casper, Wyoming, said Thursday.
London (Platts)--16 Oct 2014 903 am EDT/1303 GMT
Taiwan's thermal coal imports in August increased by 20% year on year to 5.96 million mt, as stronger volumes from Indonesia offset declines from other major origins, customs data showed Thursday.
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Shipping

London (Platts)--17 Oct 2014 213 pm EDT/1813 GMT
Falling bunker fuel prices are putting downward pressure on freight rates for dry bulk and tanker vessels operating in Northwest Europe, market sources said.
Singapore (Platts)--17 Oct 2014 935 am EDT/1335 GMT
Scrubber technology is the most economic option for shipowners who are looking for alternatives to cope with the increasingly stringent environmental regulations the shipping industry is facing, BP Singapore Country President Terence Yuen said Wednesday.
Houston (Platts)--16 Oct 2014 328 pm EDT/1928 GMT
Argentina unloaded three LNG cargoes in the first half of October with a total volume of 388,280 cubic meters, down 48% from 745,726 cu m unloaded in H1 September, as US denominated foreign currency reserves continue to dwindle and mild temperatures accompanied by a recent cut in government subsidies reduce residential demand for natural gas.
London (Platts)--16 Oct 2014 747 am EDT/1147 GMT
A lack of high sulfur fuel oil cargoes has left the West Mediterranean HSFO bunker market facing a shortage of spot availability, traders said Thursday.
Houston (Platts)--16 Oct 2014 626 am EDT/1026 GMT
High sulfur bunker fuel prices in both Houston and Panama edged down Wednesday for the fifth consecutive trading day, notching their lowest levels in over four years as Brent crude futures and fuel oil prices fell.
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Petrochemicals

Tokyo (Platts)--20 Oct 2014 703 am EDT/1103 GMT
The Asian butadiene-naphtha spread dived $131.75/mt on the day to $345.13/mt Friday -- the lowest level since June 4 -- amid a quickly falling butadiene market due to rising supplies, Platts data showed Monday.
Houston (Platts)--17 Oct 2014 504 pm EDT/2104 GMT
US propylene contract prices for October have settled up 4 cents, with polymer-grade propylene closing at 76.50 cents/lb and chemical-grade propylene at 75 cents/lb, sources said Friday.
London (Platts)--17 Oct 2014 846 am EDT/1246 GMT
Net exports of toluene from the EU in August rose 25% year on year to 22,824 mt, which was down 9.4% month on month, Eurostat data showed.
Houston (Platts)--16 Oct 2014 533 pm EDT/2133 GMT
US benzene supplies fell to 95,090 b/d for the week ending October 10 from 96,070 b/d a week prior, according to a Platts analysis of US Energy Information Administration data.
Houston (Platts)--16 Oct 2014 532 pm EDT/2132 GMT
Eastman plans to increase prices for a number of products in the company's solvents and ketones portfolios November 1, the company said Thursday in a notice to customers.
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Metals

London (Platts)--20 Oct 2014 659 am EDT/1059 GMT
Global demand for refined lead metal will continue to exceed supply by a modest amount in both 2014 and 2015, the International Lead and Zinc Study Group said Monday, forecasting a deficit of 38,000 mt this year and 23,000 mt in 2015.
Caracas (Platts)--19 Oct 2014 1231 pm EDT/1631 GMT
The global copper market will record larger surplus next year as demand in China, the world's largest consumer of the metal, slows sharply, but prices will remain stable, the Chilean Copper Commission, or Cochilco, said Friday.
Sao Paulo (Platts)--17 Oct 2014 441 pm EDT/2041 GMT
Brazil imported 15,942 mt of steel rail in September, 5% below the year-ago month's 16,820 mt, Ministry of Development and Trade data Friday showed.
Singapore (Platts)--17 Oct 2014 933 am EDT/1333 GMT
Japan's stocks of aluminum products at three main port warehouses totaled 313,400 mt at the end of September, up 29.3% from the same period in 2013, trading house Marubeni said Friday.
London (Platts)--17 Oct 2014 931 am EDT/1331 GMT
Spot market prices for the key grade of European aluminum alloy, 226 ingot, remained steady this week as buyers continue to request high volumes.
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Agriculture

London (Platts)--20 Oct 2014 656 am EDT/1056 GMT
The European ethanol cash premium moved to its lowest level against the front-month swap since September 30 on Friday.
Houston (Platts)--17 Oct 2014 444 pm EDT/2044 GMT
The estimated production margin for a typical US Midwest dry-mill ethanol plant rose 9.38 cents, or 19.7%, to 57.03 cents/gal, rebounding from a 14-month low, a review of US Department of Agriculture and Platts data showed Friday.
Houston (Platts)--16 Oct 2014 547 pm EDT/2147 GMT
US ethanol stocks for the week ended October 10 shed 295,000 barrels to 18.356 million barrels, falling from an 18-month high for a second consecutive week amid a production decline of 16,000 b/d to 885,000 b/d, Energy Information Administration data showed Wednesday.
Singapore (Platts)--16 Oct 2014 643 am EDT/1043 GMT
India imported 1.02 million mt of crude edible vegetable oil in September, up 22.18% year on year, but down 22.9% month on month, data from the Solvent Extraction Association of India, or SEA, released Wednesday showed.
Houston (Platts)--15 Oct 2014 625 pm EDT/2225 GMT
The Platts Chicago Rule 11 ethanol premium to the Chicago Argo assessment jumped to its highest level in more than four months Wednesday amid growing concerns about railcar availability, sources said.
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