Energy Update
ALGIERS, June 11 (Reuters) - Algerian President Abdelaziz
Bouteflika named new energy and finance ministers in a cabinet
reshuffle announced on Saturday, state media reported.
BRUSSELS, June 11 (Reuters) - Belgium's Tihange 2 nuclear
reactor should restart on Wednesday following an outage caused
by a minor fault, a spokeswoman for operator Electrabel
said.
June 11 (Reuters) - A solar-powered airplane finished
crossing the United States on Saturday, landing in New York City
after flying over the Statue of Liberty during its historic bid
to circle the globe, the project team said.
TRIPOLI, June 10 (Reuters) - Forces aligned with Libya's
unity government said on Friday they had taken control of the
port of Sirte, making further gains in Islamic State's North
African stronghold.
Following The EU's decision to invalidate a country-wide antidumping duty for ethanol imports from the US, we discuss what the ruling, how the markets are reacting, and what could happen in the near future.
CALGARY, Alberta, June 10 (Reuters) - Canadian cash crude
differentials remained steady on Friday as market players
questioned how fast crude volumes would come back online after
wildfires slashed production in northern Alberta's oil sands
region.
(Adds natural gas prices, background)
June 10 (Reuters) - U.S. natural gas speculators boosted
their net longs for a second consecutive week, betting prices
will rise as production eases and power demand picks up to
absorb some of the record high amount of fuel left in
inventories after a warm winter.
Speculators in four major NYMEX and ICE markets added to
their bullish bets by 48,893 contracts to 54,390 in the week to
June 10 (Reuters) - U.S. natural gas speculators boosted
their net longs for a second consecutive week, betting prices
will rise as production eases and power demand picks up to
absorb some of the record high amount of fuel left in
inventories after a warm winter.
Speculators in four major NYMEX and ICE markets added to
their bullish bets by 48,893 contracts to 54,390 in the week to
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