Oil is poised for its first monthly decline in six months as a rally at the start of the year fades on growing fears over booming U.S. shale supply. SEE MORE Oil prices fell on Wednesday as weak Chinese and Japanese industrial data triggered concerns of an economic slowdown that could lower oil demand, and as an industry data report showed an increase in U.S. crude stockpiles amid soaring output. SEE MORE Seaborne thermal coal prices are expected to stay "higher for longer" as China is seen remaining a strong importer amid limited output growth, Citi analysts said Tuesday. SEE MORE The EU Council, representing the 28 EU member states, on Tuesday gave its final approval on proposed legislation that seeks to overhaul the EU Emissions Trading System for the period 2021-2030. SEE MORE Base metals traded on the London Metal Exchange are up across the board by an average of 0.4% this morning, Tuesday February 27. SEE MORE