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Oil Features

OPEC says more than enough oil to meet market needs this year

OPEC Guide

May 11, 2012 - OPEC said on May 10 that rising crude production from its own members and higher oil supply from non-OPEC producers would be more than enough to meet the needs of world oil markets this year.

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Iran's customers start to drift away as oil sanctions loom

Iranian Oil Sanctions

April 30, 2012 - European Union and US sanctions targeting Iran's oil export revenues have yet to come fully into force but have already led countries and companies to take steps to reduce their purchases of crude from the Islamic Republic.

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Low nuclear output in 2012 could raise Japan's demand for low sulfur fuel oil

Japan's Nuclear Alternatives

March 9, 2012 - Japan could see demand for low sulfur fuel oil sharply increase again for thermal power generation in 2012 as it is expected to make up for the loss of almost all its nuclear output, a Platts analysis of customs and price data shows.

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Error margins: forecasting energy demand

Error margins: forecasting energy demand

January 12, 2012 - Long-term energy demand forecasts have always been as much art as science.

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North Sea crude oil price premiums hit record on Libya war, outages

European Oil: 2011 in Review

January 5, 2012 - North Sea crude oil price values had a record year in 2011, supported by a tight supply situation in Europe and the Mediterranean basin, said traders.

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NaturalGas Features

Coal-to-gas switch in US Southeast driven by price, new builds through 2015

US Southeast Power Consumption

May 11, 2012 - The Southeast, the top power-consuming region in the US and the leader in coal-to-gas switching, is poised to become a gas-on-gas battleground as Marcellus producers aim to win market share from other shale basins and traditional Gulf supplies.

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Asia LNG 2011 winter price curve broken on warmer weather

Asian LNG demand

February 1, 2012 - Asia's 2011 spot LNG price curve for the peak winter demand season was broken by a combination of warmer weather, early stockpiling of cargoes and cooler than expected summer, according to an in-depth analysis of Platts data.

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ElectricPower Features

REC markets reveal diverse trends, volatility

Renewable energy certificate diversity

April 24, 2012 - Current prices for renewable energy certificates in the 17 markets assessed by Platts underline how dramatically REC values vary across the United States and the extent to which big differences in the way states design their renewable portfolio standards determine supply and demand, sometimes in combination with unanticipated market dynamics.

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Chinese power demand decelerates

China Power Outlook

April 24, 2012 - After two months when demand was distorted by the unusual timing of public holidays in a leap year, the figures for March show a clearer picture of trends in Chinese electricity consumption.

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The EU's vanishing electricity market

EU Electricity Markets Outlook

March 22, 2012 - The EU's contestable electricity markets are shrinking. The deployment of subsidized RES is eating up the lion's share of new demand growth, or, where demand is contracting, they are biting deep into the share of the contestable market.

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Low nuclear output in 2012 could raise Japan's demand for low sulfur fuel oil

Japan's Nuclear Alternatives

March 9, 2012 - Japan could see demand for low sulfur fuel oil sharply increase again for thermal power generation in 2012 as it is expected to make up for the loss of almost all its nuclear output, a Platts analysis of customs and price data shows.

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US nuclear industry turnaround

US Nuclear Industry Turnaround

March 2, 2012 - The NRC's approval February 9 of licenses for Southern Co.'s planned two nuclear units was welcomed by the industry and its allies, but even the strongest supporters said the agency's decision will not overcome economic obstacles to the addition of more than four or five nuclear units this decade.

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Coal Features

Asian Coal Outlook: A radical change

Asian Coal Outlook: A radical change

April 18, 2012 - On January 3, 2012, Platts launched a daily 7-45 day forward FOB Newcastle 5500 kcal/kg Net As Received thermal coal price assessment, the first publisher to do so.

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US Coal Market: Export Potential

US Coal Market: Export Potential

February 14, 2012 - Unlike previous coal export booms in the United States, highlighted by a record 102 million short tons exported in 1992, US coal is entering a more stable international market instead of the customary wild swings.

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Shipping Features

Shipping Industry: High fuel prices

Shipping Industry: High fuel prices

March 27, 2012 - As bunker fuel prices remain close to all time highs achieved in mid-March, shipping companies are struggling to stay afloat amid rising fuel costs and an oversupply of ships.

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Petrochemicals Features

Butadiene defies the odds and bounces to new heights

Can Butadiene continue to rise?

May 11, 2012 - Following its stellar performance last year and strong showing so far in 2012, the question is whether butadiene can continue swimming against the tide, despite recessionary trends biting across the globe.

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Tight supply pushes Asia isomer-mixed xylene price to record high

Asian Mixed Xylenes Hit Record Highs

March 14, 2012 - Asian isomer-grade mixed xylenes first rose to a historical high on February 24 and continued to surge to another record high on March 5, closing at $1,416/mt FOB Korea and $1,426/mt CFR Taiwan.

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China housing, monetary polices to lead Asia's SM market in 2012

Asian Styrene Monomer Market

February 23, 2012 - The Asian styrene monomer market in 2012 looks set to take direction from China's housing and monetary policies, with producers and traders expecting the country to ease its credit tightening policy which could support housing construction and in turn boost SM demand.

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Metals Features

Turkish rebar market grows in regional importance

Turkish Rebar: A Regional Pricing Driver?

April 4, 2012 - Turkish steel mills are selling the majority of construction steel production to local reinforcing bar consumers in 2012 as the domestic market shows signs of becoming a regional pricing driver.

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Europe could cut 2.5 mil mt/year of aluminum capacity: analyst

Global Aluminum: 2012 Outlook

January 18, 2012 - Close to 2.5 mil mt/year of aluminum capacity in Europe could be curtailed near term in response to weaker market conditions and higher power prices, says analyst.

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