Energy Update
SINGAPORE, Nov 24 (Reuters) - Oil prices were little changed
on Thursday as uncertainty ahead of a planned OPEC-led crude
production cut and thin liquidity due to the U.S. Thanksgiving
holiday kept traders from making big new bets on markets.
LONDON, Nov 23 (Reuters) - OPEC officials are struggling to
reach a final agreement on how to share out production cuts
implied by the preliminary output accord agreed by ministers in
September.
Nov 23 (Reuters) - Otto, the seventh hurricane of the 2016
Atlantic season, regained hurricane strength and is located
about 180 miles (285 km) east-southeast of Bluefields,
Nicaragua, the U.S. National Hurricane Center (NHC) said on
Wednesday.
LIMA, Nov 23 (Reuters) - Sempra Energy announced on
Wednesday that it has ended talks aimed at buying a stake in
Odebrecht's natural gas pipeline project in Peru with no deal,
as Techint Group said it was still interested in acquiring
minority control.
LONDON, Nov 24 (Thomson Reuters Foundation) - As the world
grapples with potentially catastrophic global problems,
including climate change, it needs to find solutions by
overcoming short-term thinking, risk analysts say.
KUALA LUMPUR, Nov 23 (Reuters) - Once at the heart of the
global spice trade, Malacca is pumping nearly $3 billion into an
ambitious plan to put itself in demand in a different hot
commodity - oil.
CARACAS, Nov 23 (Reuters) - Venezuela's President Nicolas
Maduro said on Wednesday an OPEC deal to cut output and hike oil
prices was "imminent," and dispatched his oil minister to Russia
to help bring other producers on board.
TORONTO, Nov 23 (Reuters) - Sharp losses among gold miners
weighed heavily on Canada's main stock index on Wednesday as the
precious metal slid to a nine-month low, with the falls
offsetting solid gains for heavyweight banks and more subdued
rises across most other sectors.
TOKYO, Nov 23 (Reuters) - A new Japanese regulatory probe
into sales restrictions for liquefied natural gas (LNG)
contracts will be at the forefront of discussion as the
industry's biggest buyers and sellers gather in Tokyo this week.
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