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London (Platts)--30 Mar 2015 308 pm EDT/1908 GMT
Speculative activity in ICE Brent and NYMEX WTI crude oil futures positions have continued to diverge, as ICE Brent spiked to a 10-week high while NYMEX crude futures fell for a fifth-consecutive week to a more-than-two-year low, the most recent Commitment of Traders reports from both exchange's published Friday and Monday showed.
Baghdad (Platts)--30 Mar 2015 748 am EDT/1148 GMT
Iraq's Oil Ministry and international oil companies are moving toward a shared vision on contract changes that will mitigate the impact of low oil prices and increase profits but will not be production sharing contracts, Iraqi oil minister Adil Abd al-Mahdi said on Sunday.
Singapore (Platts)--30 Mar 2015 414 am EDT/814 GMT
Singapore gasoline has pushed past gasoil to become the most lucrative product of the barrel for the first time in five years as diesel -- a long-time favorite among refiners that is slowly losing its luster -- struggled to pick up pace due to ample supply coming on stream from greenfield refineries in the Middle East, Platts data showed Monday, March 30.
Houston (Platts)--27 Mar 2015 515 pm EDT/2115 GMT
US Gulf Coast premium gasoline fell 17.69 cents Friday on refiner selling, a lack of incentive to blend gasoline and pressure from dips in both lower-octane gasoline and the NYMEX RBOB contract.
Moscow (Platts)--27 Mar 2015 1102 am EDT/1502 GMT
Russia's largest crude producer Rosneft Friday agreed with the country's anti-monopoly service FAS to observe certain standards in domestic oil product price setting and retail, including not discriminating among customers.
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Natural Gas

Houston (Platts)--30 Mar 2015 538 pm EDT/2138 GMT
Texas' average rig count and production of oil and gas fell in the latest available reporting periods, the state's oil and gas regulator said Monday.
London (Platts)--30 Mar 2015 1026 am EDT/1426 GMT
The UK gas market is taking advantage of lower demand and an end to offshore maintenance work to begin making net injections of gas into storage, according to latest nominations data.
Singapore (Platts)--30 Mar 2015 910 am EDT/1310 GMT
Japan's LNG imports in February rose 13.5% year on year to 7.73 million mt, data released Monday by the Ministry of Finance showed.
London (Platts)--30 Mar 2015 752 am EDT/1152 GMT
UK day-ahead power prices ticked higher on Monday, shrugging off the bearish influence of healthy wind supply and falling peak power demand, sources said.
Singapore (Platts)--30 Mar 2015 558 am EDT/958 GMT
China's top two state-owned companies PetroChina and Sinopec are pushing ahead with efforts to commercialize their dedicated shale gas projects in China, mainly because drilling costs have fallen.
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Electric Power

London (Platts)--30 Mar 2015 930 am EDT/1330 GMT
German day-ahead power prices were Monday trading below Eur30/MWh for the second time this year as wind power generation was forecast to reach near-record levels around 30 GW in the first half of the week ahead of the Easter holiday weekend, sources said.
Houston (Platts)--27 Mar 2015 459 pm EDT/2059 GMT
Coal burn accounted for more US power generation in January than in December, but by percentage made up less of all power generated, Energy Information Administration data Friday showed.
London (Platts)--27 Mar 2015 947 am EDT/1347 GMT
UK power prices for day-ahead contracts slumped Friday on forecasts for strong wind power generation, while peak power demand eased lower to levels usually seen during the start of the summer period.
Louisville, Kentucky (Platts)--26 Mar 2015 433 pm EDT/2033 GMT
Wisconsin regulators endorsed the Badger-Coulee high-voltage transmission line Thursday that would bring 1,400 MW of renewable energy -- mainly wind -- into the Midcontinent Independent System Operator region from Western states.
London (Platts)--26 Mar 2015 1003 am EDT/1403 GMT
German prompt power prices dropped Thursday as wind power output was forecast to pick-up ahead of a strong storm system in the days ahead of the Easter holidays with wind forecasts above 20 GW from Sunday to Wednesday, according to sources.
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Houston (Platts)--30 Mar 2015 504 pm EDT/2104 GMT
Coal delivered to US utilities for power generation increased in January year over year, according to data released Friday by the Energy Information Administration.
Brisbane (Platts)--30 Mar 2015 912 am EDT/1312 GMT
The vessel queue at Newcastle port's three terminals for coal exports hit a seven-month low of 27 ships Monday, down three from a week ago, suggesting demand for Australian thermal coal remains subdued, the Port Authority of New South Wales said in a report.
London (Platts)--30 Mar 2015 751 am EDT/1151 GMT
*Coal-fired output at quarter of last week's level *Weather boosts system margin amid summer plant outages
Houston (Platts)--27 Mar 2015 500 pm EDT/2100 GMT
Powder River Basin thermal coal bought on the traditional, physical market continued under pressure over the past week as improved rail service and falling natural gas prices have eased demand.
Brisbane (Platts)--27 Mar 2015 535 am EDT/935 GMT
Vessel queues at Australia's main east coast coal export facilities are at relatively low levels for the time of year and some market experts suggest lower Chinese demand and seasonal factors may be the reason.
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London (Platts)--30 Mar 2015 948 am EDT/1348 GMT
Tight availability of RMG bunker fuel in Rotterdam saw the premium of delivered bunker fuel to ex-wharf 3.5% FOB Rotterdam barges soar $6.25/mt, to $7.25/mt, the highest in almost three months, Platts data shows.
San Antonio (Platts)--30 Mar 2015 915 am EDT/1315 GMT
There is a shipping delay of up to a month in the Houston Ship Channel, with the backlog expected to last into May or even June, trade sources said Sunday on the sidelines of American Fuel and Petrochemical Manufacturers' annual meeting.
London (Platts)--27 Mar 2015 904 am EDT/1304 GMT
Bunker fuel oil prices at the Egyptian port of Suez collapsed Thursday, following the delivery of a fresh cargo of 380 CST fuel, sources said.
London (Platts)--26 Mar 2015 901 am EDT/1301 GMT
High sulfur fuel oil FOB Rotterdam barges flipped to a backwardation Wednesday with traders noting a surge in the numbers of fixtures east.
Washington (Platts)--25 Mar 2015 624 pm EDT/2224 GMT
The debate over a potential shift in US restrictions on crude exports has often been characterized as a clash between North Dakota and Texas producers eager to get a glut of light oil onto the world market and refiners unwilling to lose a new domestic price advantage.
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San Antonio (Platts)--30 Mar 2015 345 pm EDT/1945 GMT
The spot buying power for polyethylene in South America is shifting to the Pacific Coast as Brazil's economy sputters, a regional distributor said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual meeting in San Antonio.
San Antonio (Platts)--30 Mar 2015 1005 am EDT/1405 GMT
Latin American polymer prices were expected to remain stable to lower in April due to weak buy interest, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual meeting.
London (Platts)--27 Mar 2015 902 am EDT/1302 GMT
Northwest European styrene monomer prices rose above the $1,500/mt marker Thursday for the first time since November 12, 2014 as supply tightness in the region continued to bite, sources said.
Houston (Platts)--26 Mar 2015 537 pm EDT/2137 GMT
Initial nominations for April US polymer-grade and chemical-grade propylene contract prices call for a 1-cent decrease at 48 cents/lb and 46.50 cents/lb, respectively, market sources said Thursday.
London (Platts)--26 Mar 2015 936 am EDT/1336 GMT
Polyethylene terephthalate prices in Northwest Europe rose to a five- month high this week as a weak euro slashed imports even as appetite for the product continued to improve, market sources said this week.
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Pittsburgh (Platts)--30 Mar 2015 441 pm EDT/2041 GMT
Regional differences are expected during the April buy week in a US ferrous scrap market still seeking pricing direction, sources said, adding that discussions were ongoing Monday between steel mills and dealers, and settlements are expected later in the week.
Caracas (Platts)--30 Mar 2015 304 pm EDT/1904 GMT
Venezuela's CVG-Bauxilum alumina sales totaled 20,808 mt in February, down 63% on sales of 56,353 mt in February 2014, Bauxilum said Monday.
London (Platts)--30 Mar 2015 1037 am EDT/1437 GMT
French bank Natixis said Monday that it expects the LME aluminium price to average around $1,840/mt in 2015, moving up to trade higher in 2016 and average around $2,000/mt.
Singapore (Platts)--30 Mar 2015 936 am EDT/1336 GMT
Platts China ex-works Henan alumina spot price stood at a flat Yuan 2,630/mt ($428/mt) for 70:30 cash and credit payment terms Monday, as the market continued to look for clearer direction ahead of April spot talks.
Singapore (Platts)--30 Mar 2015 1208 am EDT/408 GMT
Chinese producers of molybdenum concentrate and ferromolybdenum will face yet another challenging year in 2015 characterized by relatively low prices and steady demand, market sources said at a molybdenum event in Xiamen at southern China's Fujian province over the weekend.
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Jakarta (Platts)--30 Mar 2015 956 pm EDT/156 GMT
Indonesia expects to cut its gasoil imports by 3.975 million kiloliters/year (25 million barrels/year), or 39.6%, in 2015, after the government's new higher biodiesel blending mandate takes effect from April 1.
Montreal (Platts)--30 Mar 2015 303 pm EDT/1903 GMT
Weaker domestic hydrous fuel ethanol prices at the pumps translated into more competitive retail prices in southeast Brazil in the week ended March 28 -- the lowest in four months -- according to National Petroleum Agency data released Monday.
Lausanne, Switzerland (Platts)--30 Mar 2015 754 am EDT/1154 GMT
French agricultural consultancy Strategie Grains said Monday it has revised down by 5.5% its forecast for Italy's corn harvest for the 2015-16 marketing year (July-June) to 7.528 million mt.
Houston (Platts)--27 Mar 2015 516 pm EDT/2116 GMT
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday moved up 0.8 cent, or 1.9%, to a two-month high of 43.05 cents/gal, a review of US Department of Agriculture and Platts data showed.
Houston (Platts)--26 Mar 2015 431 pm EDT/2031 GMT
US soybean oil net export sales nearly tripled last week, rising for the second straight week, according to data from the Department of Agriculture released Thursday.
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