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UPDATE 2-China's crude oil output will fall 7 pct by 2020 - govt

* Govt plans 4 mln bpd crude output for 2020, vs analyst's
3.5-3.6 mln bpd

Asian oil refinery margins jump on outages in Mideast, Asia

* Despite outages, enough fuel remains available to meet
demand

UPDATE 1-Russian state bank lent billions to fund privatisation deal - reports

* Kremlin had trumpeted sale as proof of foreign interest

(Releads, adds new details)

China unveils new measures to further open economy to foreign investment

BEIJING, Jan 17 (Reuters) - China's State Council on Tuesday
issued new measures to further open the world's second-largest
economy to foreign investment.

UPDATE 1-Indonesia's Pertamina looks to U.S. for LPG imports

* Indonesia expected to import 70 pct of LPG in 2017
-Pertamina

Russia turns to Libya with show of support for eastern commander

TUNIS, Jan 17 (Reuters) - A visit to a Russian aircraft
carrier by Libya's Khalifa Haftar has given the eastern-based
commander a symbolic boost while also signalling Moscow's
interest in a greater role in the region following its
intervention in Syria.

Three arrested near North Dakota pipeline protest site

Jan 17 (Reuters) - Three protesters were arrested on Monday
for trespassing along the Dakota Access Pipeline construction
site, police said, where a fierce months-long demonstration has
unfolded against the building of a multibillion-dollar pipeline.

COLUMN-China steel, iron ore: A new year, a new bubble: Russell

LAUNCESTON, Australia, Jan 17 (Reuters) - The new year has
started with something familiar from the last - a bubble in
Chinese iron ore and steel prices.

China stocks rattled as small caps sink for 9th day; Hong Kong rebounds

* China to target around 6.5 percent growth in 2017 -
sources

U.S. ethane production, consumption, and exports expected to increase through 2018

(Tue, 17 Jan 2017) U.S. production of ethane is expected to increase from an average of 1.25 million barrels per day (b/d) in 2016 to 1.7 million b/d in 2018 according to EIA’s latest <em>Short-Term Energy Outlook</em> (STEO). Increased ethane production is expected to be consumed in the petrochemical industry domestically as well as exported to other countries.

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