Energy Update
SHANGHAI, Jan 20 (Reuters) - China stocks rebounded on
Friday morning as data showing stronger-than-expected fourth
quarter GDP growth bolstered blue-chips, while bargain hunting
helped small-caps recover much of the losses suffered earlier in
the week.
BEIJING, Jan 20 (Reuters) - China's December coal output
rose 1 percent from November to hit its highest level in a year,
as miners cranked out more product to meet government orders
amid increased demand from utilities during the cold winter
months, data showed on Friday.
SINGAPORE, Jan 20 (Reuters) - U.S. oil climbed for a second
day on Friday underpinned by expectations of tighter supply, but
prices remained in a range as they were pressured by rising U.S.
inventories.
CANNON BALL, N.D., Jan 19 (Reuters) - Tensions have
increased this week near the construction site of the Dakota
Access pipeline, with repeated clashes between protesters and
police ahead of Friday's inauguration of President-elect Donald
Trump, an unabashed fan of the $3.8 billion project.
ST. LOUIS, Jan 19 (Reuters) - A U.S. bankruptcy judge denied
on Thursday a request by Peabody Energy Corp
shareholders to order the appointment of an official equity
committee in the coal miner's Chapter 11 restructuring, crushing
hopes of a recovery for investors.
SAO PAULO, Jan 19 (Reuters) - The Brazilian oil workers'
union has accepted a proposal from state-controlled Petrobras
for a collective wage deal, the union said in a statement on its
website on Thursday.
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