Energy Update
MOSCOW, Nov 11 (Reuters) - Freight rates for Aframax tankers
on Black Sea-Mediterranean and cross Mediterranean routes almost
doubled on Friday to their highest since July, driven by demand
for loadings at the end of November at a time when many
Aframaxes are storing oil at sea.
TORONTO, Nov 11 (Reuters) - Canada's main stock index fell
on Friday as lower commodity prices pressured the shares of
energy and mining companies, while financials and industrials
also lost ground.
WASHINGTON/BEIJING, Nov 11 (Reuters) - The election of
climate change skeptic Donald Trump as president is likely to
end the U.S. leadership role in the international fight against
global warming and may lead to the emergence of a new and
unlikely champion: China.
LONDON, Nov 11 (Reuters) - Nigeria outlined a plan to
overhaul state oil company NNPC and eventually list it on the
stock exchange in a bid to modernise and streamline an industry
known for graft and mismanagement.
BANGKOK, Nov 11 (Reuters) - PTT Pcl, Thailand's
largest energy company, reported a stronger-than-expected
third-quarter net profit on Friday, boosted by a robust
performance from its gas and oil businesses, lower gas costs and
foreign exchange gains.
LONDON, Nov 11 (Reuters) - OPEC members are making the task
of oil market rebalancing harder by maximising their production
ahead of a ministerial conference at the end of November.
MEXICO CITY, Nov 11 (Reuters) - Mexico's lower house of
Congress approved the 2017 budget early on Friday, sending the
package to Mexican President Enrique Pena Nieto for him to sign
into law.
BERLIN, Nov 11 (Reuters) - The German government has lowered
the CO2 reduction targets for industry and utilities in the
final version of its climate action plan, according a document
seen by Reuters on Friday.
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