Energy Update
The sugarcane harvest in Brazil’s key sugar producing Center-South region has likely reached its peak through August.
Nigeria's main four crude grades -- Qua Iboe, Bonny Light, Brass River and Forcados -- are currently on force majeure due to militant attacks.
The inter-crop period has brought spot activity in the Thai sugar market to a near standstill, at least for prompt shipments.
Most Caribbean islands began generating electricity for municipal use around the 1930s through the establishment of public utility companies. But it wasn’t until the U.S. military began occupying several islands prior to WWII for strategic purposes, and constructing self-contained naval bases with state-of-the-art diesel generators, that increased energy production and distribution really started moving forward.
LONDON, Sept 1 (Reuters) - Iraqi state oil firm Somo and
Iraq's semi-autonomous region of Kurdistan have begun jointly
exporting crude from the giant Kirkuk oil field again after
cutting a new preliminary deal on revenue-sharing, trading
sources said on Thursday.
LONDON, Sept 1 (Reuters) - U.S. motorists used a record
volume of gasoline in June as good weather and cheap fuel
encouraged a strong start to the summer driving season.
TAMPA BAY, Fla., Sept 1 (Reuters) - Forecasters and public
officials urged Floridians to prepare for potentially
catastrophic flooding and damaging winds as Tropical Storm
Hermine was expected to become a hurricane by the time it
reached Florida's northern Gulf Coast late on Thursday.
GENEVA, Sept 1 (Reuters) - Syria's opposition plans to
unveil its plans for a political transition to help end the
country's five-year war at a meeting of ministers in London next
week, a delegate said.
SEOUL, Sept 1 (Reuters) - The International Energy Agency
(IEA) expects oil markets to reach a balance between supply and
demand in 2017 as the current oil glut slowly eases, IEA chief
Fatih Birol said during meetings in South Korea.
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