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Global Commodities 2015

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CME drives options volume to electronic markets

CHICAGO The percentage of options spread business traded electronically at CME Group Inc has grown to 42 percent this year from 10 percent in 2010, Derek Sammann, global head of commodities and options products, told the Reuters annual Commodities Summit.

Motiva sees benefits from integrated products trading

HOUSTON Motiva Enterprises LLC [MOTIV.UL] aims to focus on directly marketing output from its own refineries starting in January as the joint venture of Saudi Aramco and Royal Dutch Shell becomes the latest to rev up its own refined products trading desk, the executive leading the effort said.

Freepoint sows seeds for first move into ags trading

NEW YORK Freepoint Commodities founder David Messer, a force in oil, gas, power and metals trading for three decades, is now poised to plough a new furrow.

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Top oil traders wary of tapping their war chests

LONDON The world's biggest oil traders are sitting on a war chest worth billions of dollars, but are reluctant to embark on a spending spree, because the pool of available assets is either too pricey or simply not for sale.

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Singapore Exchange eyeing Asian LNG benchmark

SINGAPORE Singapore Exchange is planning to create an Asian benchmark for liquefied natural gas (LNG) and break a decade-long reliance on oil-linked pricing, hoping to take a greater role in an expanding spot market, a senior official said.

Singapore's Sembcorp sets eyes on China, India for renewables

SINGAPORE Sembcorp Industries , one of Southeast Asia's biggest utilities companies, plans to roughly triple its renewable energy portfolio over the next five years, targeting India and China for growth, a senior company official said.

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Japan's Jera says will significantly cut long-term LNG contracts

TOKYO Japan's JERA Co, set to become the world's biggest buyer of liquefied natural gas (LNG) next year, plans to significantly cut the amount of gas it purchases on long-term contracts, the company's president told the Reuters Global Commodities Summit.

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MLP sector needs mergers, but deals carry doubt: investor

HOUSTON The crude oil rout has left the crowded energy partnership sector ripe for consolidation while those same low prices have shaken investors so badly that no deal is a sure thing, a top investor told the Reuters Commodities Summit.

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World's major oil traders see no respite for weak prices

LONDON The world's largest oil traders are overwhelmingly bearish on the outlook for the crude price, which they believe will flounder below $60 a barrel, possibly as long as into 2017.

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Amid Noble flap, Israel recruits U.S. oil firms

HOUSTON Israel is working to persuade more U.S. energy companies to invest in its growing offshore fields, saying a fractious delay to Houston-based Noble Energy Inc's massive Leviathan natural gas project will soon end if a new regulatory regime takes effect.

Speakers

Summit Date Category
Russia Investment 2016 Sep 12 - 16 Financial Services/Exchanges
Global Commodities 2016 Oct 10 - 14 Financial Services/Exchanges
Middle East Investment 2016 Oct 24 - 28 Financial Services/Exchanges
Global Investment Outlook 2017 Nov 14 - 18 Financial Services/Exchanges

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