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LAUNCESTON, Australia, Sept 29 (Reuters) - Under-promise and
then over-deliver is a well-worn tactic to boost one's fortunes,
with OPEC's somewhat woolly promise to cut crude oil output the
latest example of this strategy.

Sept 29 (Reuters) - Extraction Oil & Gas LLC said it
expected to raise as much as $600 million in an initial public
offering, valuing the Denver-based oil explorer and producer at
about $2.6 billion.

* Carmakers rewriting strategic plans post "dieselgate"

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KIEV, Sept 29 (Reuters) - Ukraine has increased its daily
imports of natural gas from European countries to 53.3 million
cubic metres (mcm) from around 50 million, Ukrainian state-run
gas transport company Ukrtransgaz said on Thursday.

MAPUTO, Sept 29 (Reuters) - Mozambique Energy Minister Pedro
Couto has been sacked, the presidency said on Thursday, a month
before Italy's Eni is due to finalise an offshore gas
project worth tens of billions of dollars.

* Italian oil major Eni has agreed a common
strategy with Egypt to build renewable energy projects in the
country, the company said on Thursday.

FRANKFURT, Sept 29 (Reuters) - A jump in European power
prices for next year triggered by French plans to carry out
tests on some nuclear reactors during the winter months has
revived wholesale energy markets after years in the doldrums.

Sept 29 (Reuters) - Extraction Oil & Gas LLC said it
expected to raise as much as $600 million in an initial public
offering, valuing the Denver-based oil explorer and driller at
about $2.6 billion.

It has come as no surprise that Chinese steel market sources feel a bit more cheerful this year.

(Thu, 29 Sep 2016) U.S. distillate exports increased 85,000 barrels per day (b/d) in 2015, reaching nearly 1.2 million b/d. Distillate exports in the first six months of 2016 have averaged 50,000 b/d more than in the first half of 2015. U.S. distillate imports, which are relatively fewer, averaged 200,000 b/d in 2015 and 157,000 b/d in the first half of 2016. Patterns of U.S.

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