Advance Estimates Suggest a 2H November Cane Crush of 18.08 Million MT in Brazil's Center-South

Gasoil Demand Declined

Production from These Two Prolific Shale Plays Rose 3% Versus October 2014

Plentiful Supply, Flat Demand Prompted Natural Gas Price Declines

Production Averaged 71.9 Bcf/d in October, down 1% from September

However, on a Year-Over-Year Basis, December LNG Prices Plunged 41.7%

But Month-End Prices Were Stronger versus September; First Such Strength Since May 2015

Down 120,000 Barrels Per Day from September

Advance Estimates Suggest a 2H October Cane Crush of 37.91 Million MT in Brazil's Center-South