Morning Petrospective – May 27, 2011

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Due to the long holiday weekend, the Cameron Hanover Daily Hedger will resume publication next week.

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FMX Newswire is an overnight news summary designed to meet the needs of professional energy traders. The content is to-the point, professional grade and not widely reported in the mainstream media.
All sources are professional respected firms and newspapers.

Bentek Energy

  • California SW Observer – Topock Reduction, Mild Demand through The Holiday Weekend.
  • Canadian Observer – June Shut-Ins and Maintenance To Reduce Canadian Supply.
  • Supply/Demand Balance Analytic Report – Power Begins to Climb; All Supply Sectors Respond.
  • Power Burn Analytic Report – Nuclear Outages May Not Be Impacting Natural Gas Demand.

Platts

  • It is unclear how #OPEC will respond to rising oil prices and political events ahead of June 8 meeting.  
  • The outlook for Japanese petchems: JPCA Chairman Kyohei Takahashi interviewed.
  • How might volcanic eruptions impact the recovery in the European jet fuel market?
  • Why are European #energy policy makers caught in a difficult position? 

Bloomberg

  • Oil Rises on World Economy Outlook, Dollar; JPMorgan Sees OPEC Quota Gain.
  • Fukushima Faces ‘Massive Problem’ From Water.
  • South China Sea Oil Rush Heightens Conflict Risk as U.S. Emboldens Vietnam.
  • Kan Faces No-Confidence Vote as Japan Opposition to His Leadership Mounts.

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