Energy Update
BRUSSELS, Nov 23 (Reuters) - The European Union is "aware
and acting on" a report that Russian tankers had carried jet
fuel to Syria through the bloc's waters despite it being banned,
a source said on Wednesday.
BAGHDAD, Nov 23 (Reuters) - Iraq is willing to cut its crude
oil output as part of OPEC's plan to reduce global supply and
boost crude prices, Prime Minister Haider al-Abadi told
reporters on Wednesday in Baghdad.
Nov 23 (Reuters) - U.S. crude oil stocks fell last week
after three straight weeks of builds as imports dropped and
refineries hiked output, while gasoline inventories rose sharply
amid weak demand, U.S. Energy Information Administration data
showed on Wednesday.
NEW YORK, Nov 23 (Reuters) - The U.S. government on
Wednesday issued final requirements for biofuel use for next
year, saying energy companies must boost the amount of
renewables in the nation's fuel supply in a move that drew
praise from the biofuels sector after years of criticism.
NEW YORK, Nov 23 (Reuters) - Exxon Mobil 's giant oil
refinery in Baton Rouge, Louisiana, was operating at planned
rates on Wednesday after a fire Tuesday, according to a person
familiar with the plant's operations.
MANILA, Nov 23 (Reuters) - Philippine President Rodrigo
Duterte on Wednesday said he would open numerous economic
sectors to foreign investors and move against protectionism.
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.
BAGHDAD, Nov 23 (Reuters) - Iraq is willing to cut its crude
oil output as part of OPEC's plan to reduce global supply and
boost crude prices, Prime Minister Haider al-Abadi told
reporters on Wednesday in Baghdad.
TORONTO, Nov 23 (Reuters) - Freeport-McMoRan Inc,
the world's largest publicly listed copper producer, said on
Wednesday it raised $1.5 billion in an equity offering,
completing its plan to reduce debt with proceeds from asset
sales and new equity.
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