Energy Update
(Adds comments, details, gasoline positioning)
NEW YORK, Oct 14 (Reuters) - Hedge funds boosted their
bullish bets on U.S. crude oil for the third week in a row to a
more than two-year high, data showed on Friday, as non-OPEC
countries raised expectations of a joint effort with OPEC
members to cut output.
Money managers raised their net long U.S. crude futures and
options positions in the week to Oct. 11 to the highest since
OTTAWA/CALGARY, Oct 14 (Reuters) - Canadian energy companies
and officials share intelligence, scour social media and send up
surveillance drones but even so they say preventing a disruption
to the country's vast pipeline network is near impossible and
each side wants the other to do more.
NEW YORK, Oct 14 (Reuters) - Equity investors in Breitburn
Energy Partners LP can receive representation on an
official committee, a U.S. bankruptcy court said on Friday,
giving investors in the bankrupt oil and gas company a voice in
restructuring negotiations.
NEW YORK, Oct 14 (Reuters) - Equity investors in Breitburn
Energy Partners LP can receive representation on an
official committee, a U.S. bankruptcy court said on Friday,
giving investors in the bankrupt oil and gas company a voice in
restructuring negotiations.
BUENOS AIRES, Oct 14 (Reuters) - Argentina complained on
Friday about military exercises that Britain is planning this
month in the disputed Falkland Islands in the South Atlantic.
The fight to halt construction of the Dakota Access crude pipeline made its way to the US energy capital as dozens of activists marched in downtown Houston.
RIO DE JANEIRO, Oct 14 (Reuters) - Brazil's state-run oil
company Petrobras said on Friday it was cutting fuel
prices as part of a new policy tracking international benchmarks
more closely after politically driven pricing cost the company
billions in recent years.
JUBA, Oct 14 (Reuters) - Fighting in South Sudan killed at
least 60 people this week, the military said on Friday, stoking
fears the region could plunge back into full-scale war.
CARACAS, Oct 14 (Reuters) - Venezuela's state oil company
PDVSA filed a lawsuit against local newspaper El Nuevo Pais on
Friday, accusing it of defamation and damaging efforts to
persuade investors to take up a $5.3 billion bond swap offer.
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