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Cyprus signs deal with Egypt for gas transfers via pipeline

NICOSIA, Aug 31 (Reuters) - Cyprus signed a deal on
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.

UPDATE 1-Oil dips on stronger dollar; rise in U.S. crude stocks data

* Analysts see tighter oil market towards the end of the
year

(Adds Barclays price forecasts, updates prices)

Weekly Petroleum Status Report Exports Notice

(Wed, 31 Aug 2016) Today's publication on August 31, 2016 of the Weekly Petroleum Status Report (WPSR) is now estimating weekly exports using near-real-time data provided by U.S. Customs and Border Protection (CBP). While EIA collects data on inventories, refinery and terminal operations, and imports, EIA does not collect any export data. To estimate weekly exports, EIA had previously relied on models using official monthly export data published by the U.S.

EIA now using near-real-time export data to improve weekly petroleum consumption data

(Wed, 31 Aug 2016) Starting with today's release of the <em>Weekly Petroleum Status Report</em> (WPSR), EIA is now publishing weekly petroleum export and consumption estimates based on near-real-time export data provided by U.S. Customs and Border Protection (Customs). EIA previously relied on weekly export estimates based on monthly official export data published by the U.S. Census Bureau roughly six weeks following the end of each reporting month.

UPDATE 1-JX values takeover of rival oil refiner TonenGeneral at $3.4 bln

TOKYO, Aug 31 (Reuters) - JX Holdings Inc, Japan's
biggest oil refiner by sales, has agreed to pay about 352
billion yen ($3.4 billion) in stock for TonenGeneral Sekiyu KK
, the country's third-largest refiner by sales.

CORRECTED-Rebound in Asian refining margins may be short-lived

* Recent market rebalancing will unravel if margins turn
lower

Oil prices dip on stronger dollar; rise in U.S. crude stocks data

SINGAPORE, Aug 31 (Reuters) - Crude oil futures fell in
early trade on Wednesday as the U.S. dollar held around
three-week highs and industry stocks data indicated a build in
U.S. crude inventories.

UPDATE 1-Motiva says Shell, Saudi Aramco to split assets on April 1, 2017

HOUSTON, Aug 30 (Reuters) - Motiva Enterprises LLC
said on Tuesday the division of its U.S. refining
assets between Royal Dutch Shell Plc and Saudi Aramco
would take place on April 1, 2017, months later
than originally expected.

RPT--COLUMN-For how long will Glencore hold its zinc capacity cuts?: Andy Home

LONDON, Aug 30 (Reuters) - It's been nearly a year since
Glencore announced it was mothballing half a million
tonnes of mined zinc capacity.

JX, TonenGeneral sign $3.4bn merger deal to create Japan's biggest oil refiner

Japan based oil refiner JX Holdings has signed an agreement to acquire its rival TonenGeneral Sekiyu for $3.4bn in a bid to create the county’s biggest oil refiner.

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