Energy Update
CARACAS, Jan 9 (Reuters) - Recession-hit Venezuela's imports
plunged by more than half to nearly $18 billion in 2016,
President Nicolas Maduro said on Monday, as the nation
prioritized foreign debt payments despite chronic product
shortages.
HAVANA, Jan 9 (Reuters) - Cuba and the United States agreed
on Monday to jointly prevent, contain and clean up oil and other
toxic spills in the Gulf of Mexico, as they rush to conclude
deals before President-elect Donald Trump takes office.
* Banks underperform, following European trend
Jan 9 (Reuters) - Entergy Corp's Indian Point
nuclear power plant in New York state will shut down by April
2021, Governor Andrew Cuomo announced on Monday, due primarily
to its proximity to the heavily populated New York City area.
HOUSTON, Jan 9 (Reuters) - The U.S. Department of Energy on
Monday issued a Notice of Sale for crude from its Strategic
Petroleum Reserves, with bids for 8 million barrels of light,
sweet oil due by Jan. 17.
TORONTO, Jan 9 (Reuters) - Canada's main stock index fell in
morning trading on Monday, led by a retreat among energy stocks
as oil prices lost ground, while financial, consumer, telecom
and industrial stocks also weighed.
LAGOS, Jan 9 (Reuters) - A Nigerian oil labour union will
stage a three-day strike at Chevron and Exxon Mobil
fuel depots from Wednesday in a protest over sackings if
talks with the government fail, union officials said on Monday.
MUSCAT, Jan 9 (Reuters) - Caught between two vast neighbours
locked in a regional struggle, Oman has long been to the Middle
East what neutral Switzerland is to global diplomacy. But now
its policy of being "friends to all and enemy to none" is under
heavy strain.
DETROIT, Jan 9 (Reuters) - President-elect Donald Trump
praised Ford Motor Co and Fiat Chrysler Automobiles NV
on Monday for announcing new investments in the United
States after he made U.S. auto production a key part of his
campaign.
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