Spot News

Energy news from elsewhere:

- US to host forum on climate change (WSJ)

- Obama administration to appoint nuclear waste commission (Platts)

- Shares of offshore oil drillers poised to rise (Barron’s)

- Nine years after bust, California restarts daily electricity auction (WSJ)

- Crude-oil rally is vulnerable as contango widens, Goldman says (Bloomberg)

- Ex-Vitol trader Serotta to start $100m oil hedge fund (Bloomberg)

- China oil refiners swung to profit in first 2 months (Bloomberg)

- China’s Shenhua Energy earmarks $4.37bn for 2009 capex (Reuters)