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London (Platts)--1 Sep 2014 918 am EDT/1318 GMT
The premium of CIF delivered Northwest European ultra low sulfur diesel cargoes to Rotterdam barges hit a six-month high Friday as barge values slid ahead of the seasonal switchover to intermediate specifications following weeks of inventory building on a steep ICE 0.1% gasoil contango.
Cairo (Platts)--1 Sep 2014 839 am EDT/1239 GMT
Libya's crude production has rallied to 700,000 b/d, a spokesman for state-owned National Oil Corp said Monday, its highest level since June last year when the most recent crisis to hit the country's oil sector first began.
Hanoi (Platts)--1 Sep 2014 233 am EDT/633 GMT
Vietnam-Russia joint venture Vietsovpetro and its partners have discovered oil, with a flow of about 2,000 b/d, at the Ca Tam structure in block 09-3/12 offshore southern Vietnam, Vietsovpetro said in a statement Saturday.
New York (Platts)--29 Aug 2014 445 pm EDT/2045 GMT
NYMEX October crude settled $1.41 higher at $95.96/barrel Friday amid still-strong fundamentals and a repricing-in of geopolitical risk.
Washington (Platts)--29 Aug 2014 149 pm EDT/1749 GMT
The Obama administration on Friday imposed sanctions on Faylaca Petroleum and several individuals for collaborating to "obscure the origin of Iranian gas condensate," the sale of which is restricted under current US sanctions against Iran.
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Natural Gas

Brussels (Platts)--1 Sep 2014 703 am EDT/1103 GMT
The EU is to decide on further energy and financial sanctions against Russia over its role in the Ukraine crisis within a week, German chancellor Angela Merkel said Sunday.
Moscow (Platts)--1 Sep 2014 657 am EDT/1057 GMT
Russia's gas giant Gazprom plans to start long-term supplies of East Siberian gas to China via the upcoming Power of Siberia pipeline from 2019, the company said over the weekend, confirming earlier statements by Russian analysts.
Washington (Platts)--29 Aug 2014 508 pm EDT/2108 GMT
More than 200 private drinking water wells have been contaminated by natural gas drilling activity in Pennsylvania since 2007, according to documents released late Thursday by the Pennsylvania Department of Environmental Protection.
Knoxville, Tennessee (Platts)--29 Aug 2014 401 pm EDT/2001 GMT
NYMEX October natural gas futures settled 2.1 cents higher at $4.065/MMBtu Friday as traders covered short positions ahead of the long US Labor Day holiday weekend.
Moscow (Platts)--29 Aug 2014 710 am EDT/1110 GMT
Russia's energy minister Alexander Novak Friday warned of a high risk of disruptions to deliveries of Russian gas to Europe in the upcoming winter season as Ukraine may start siphoning off gas from transit pipeline for its own needs.
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Electric Power

London (Platts)--1 Sep 2014 823 am EDT/1223 GMT
French prompt power prices continued to firm Monday as demand was forecast to return after the summer holidays and with the weather outlook changing to warmer and drier conditions after a cool and wet period, sources said.
Boston (Platts)--29 Aug 2014 402 pm EDT/2002 GMT
Duke Energy Carolinas and Duke Energy Progress failed to prove their plan to make excess generating capacity available to each other for free is just and reasonable, and not unduly discriminatory or preferential, the Federal Energy Regulatory Commission found in a order issued Thursday and posted Friday.
London (Platts)--29 Aug 2014 157 pm EDT/1757 GMT
Electrabel, the Belgian subsidiary of GDF Suez, said late Friday its Max Green Rodenhuize biomass power plant in Ghent restarted operations Thursday following an agreement reached with authorities and stakeholders over the renewal of green certificates.
London (Platts)--29 Aug 2014 816 am EDT/1216 GMT
German weekend power prices closed Friday at their highest level since the end of July, supported by a host of factors, sources said.
Washington (Platts)--28 Aug 2014 457 pm EDT/2057 GMT
The schedule for completing Georgia Power's 2,200-MW Vogtle nuclear plant expansion in Waynesboro, Georgia, is facing challenges, but contractors have a financial incentive to finish the units on time, the utility said Thursday in its semiannual report to the Georgia Public Service Commission.
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London (Platts)--1 Sep 2014 829 am EDT/1229 GMT
Turkey's bituminous thermal coal imports in July rose 23% month on month to 2.212 million mt, the highest monthly volume since October, data from the Turkish Statistical Institute showed Monday.
Singapore (Platts)--1 Sep 2014 828 am EDT/1228 GMT
A few smaller to medium-sized Indonesian thermal coal suppliers were reportedly delaying September-loading shipments indefinitely ahead of the implementation of the export license rule from October 1, sources said Monday.
Hunan (Platts)--1 Sep 2014 429 am EDT/829 GMT
Coal stocks at China's four major Bohai Sea ports dropped 4% week on week to 17.334 million mt on August 31, the seventh straight week of fall, the Qinhuangdao port authorities said Monday, September 1.
Houston (Platts)--29 Aug 2014 507 pm EDT/2107 GMT
A broker reported selling vintage 2014 annual NOx allowances for $49/allowance in the week that ended Friday, while SO2 allowances were unchanged.
London (Platts)--29 Aug 2014 817 am EDT/1217 GMT
The UK's monthly consumption of thermal coal for electricity generation fell to 1.77 million mt in June, its lowest since records began in 1995, according to data released Friday by the Department of Energy and Climate Change.
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London (Platts)--1 Sep 2014 651 am EDT/1051 GMT
A week which saw a distinct lack of activity for Aframaxes in the Baltic Sea ended with a sharp downturn in Baltic-UK Continent 100,000 mt rates.
Singapore (Platts)--1 Sep 2014 513 am EDT/913 GMT
Daily VLGC freight rates, which have soared to records twice so far this year, are expected to stay strong through 2014 and into next year, but are set to ease by late 2015 due to deliveries of new vessels, shipping major BW LPG said.
Houston (Platts)--29 Aug 2014 622 pm EDT/2222 GMT
The New York jet fuel barge differential jumped 10.50 cents Friday to its highest level since the aftermath of Hurricane Ike in 2008 as traders hunted for barrels in a market where stocks are near 18-year lows, demand is near eight-year highs and pipeline issues hamper delivery.
London (Platts)--29 Aug 2014 153 pm EDT/1753 GMT
Freight rates in the US Gulf Coast were static Friday, with shipping sources reporting that all early September requirements were covered.
Cape Town (Platts)--29 Aug 2014 707 am EDT/1107 GMT
Somalia has taken its maritime border dispute with Kenya to the United Nations' top court which could settle a dispute and pave the way for oil and gas exploration.
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Singapore (Platts)--1 Sep 2014 700 am EDT/1100 GMT
The impact of falling property prices in China was seen to be limited for the polypropylene market in the near term, despite the material's use in the construction sector, PP market participants said Monday.
Buenos Aires (Platts)--29 Aug 2014 506 pm EDT/2106 GMT
Argentine polymer and synthetic rubber output rose 31.4% in July compared with the year-earlier period, the state statistics office Indec said Friday.
London (Platts)--29 Aug 2014 822 am EDT/1222 GMT
Sentiment in the European methanol market has been firming on a number of production problems, and spot prices have risen by 6.8% during August to hit the highest level in the past 15 weeks Friday, Platts data showed.
Singapore (Platts)--29 Aug 2014 719 am EDT/1119 GMT
* Last week's price cut prompts replenishing
Houston (Platts)--28 Aug 2014 347 pm EDT/1947 GMT
US vinyls producer Axiall will implement a 2-cent/lb price increase for all grades of PVC resin effective September 1, according to a letter sent to customers Thursday.
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London (Platts)--1 Sep 2014 841 am EDT/1241 GMT
Iron ore developer Bellzone Mining said Monday it will be advanced $750,000 by China Sonangol International under an agreement reported in August.
London (Platts)--1 Sep 2014 825 am EDT/1225 GMT
Palladium was comfortably above $900/oz Monday in London, with strong fundamentals -- including escalating tensions between Ukraine and Russia, the world's largest producer -- keeping the metal well bid and at levels not seen since 2001.
Singapore (Platts)--1 Sep 2014 736 am EDT/1136 GMT
The trading week opened to extremely lackluster response from the buying front, with mills and traders both shrinking back from spot commitment for fear of a further plunge in prices.
Tokyo (Platts)--1 Sep 2014 417 am EDT/817 GMT
Japan imported a record high 12,046 mt of aluminum foil from China over January-July, up 12.6% year on year, according to Japanese customs statistics released last week.
Pittsburgh (Platts)--29 Aug 2014 511 pm EDT/2111 GMT
Transactions in the US sheet steel market were limited on Friday ahead of the Labor Day holiday weekend.
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London (Platts)--1 Sep 2014 1156 am EDT/1556 GMT
Ethanol prices fell across three of Brazil's five regions during the week ended August 30, including the country's southeast and south regions, which amount for the lion's share of transport fuel consumption in Latin America?s biggest economy, ANP data show.
Buenos Aires (Platts)--29 Aug 2014 442 pm EDT/2042 GMT
Argentine biodiesel production shot up 73% in June compared with the year-earlier period, while ethanol output went up 20% over the same period, a government statistics agency said Friday.
Houston (Platts)--28 Aug 2014 346 pm EDT/1946 GMT
Weekly net export sales of US corn tumbled back into negative territory for the second time in the last three reporting weeks amid vast order cancellations, US Department of Agriculture data showed Thursday.
Montreal (Platts)--27 Aug 2014 510 pm EDT/2110 GMT
Brazilian ethanol exports in the month of August are likely to be the lowest in five months, according to the most recent data from Brazilian international trade agency SECEX.
Rio de Janeiro (Platts)--26 Aug 2014 1133 am EDT/1533 GMT
Brazilian cane-grower's association Unica reduced its estimate for ethanol production during the 2014-15 harvest as poor weather across the important center-south region is expected to reduce the volume of sugar cane available for crushing, the trade group said Tuesday.
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