Energy Update

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* Crackdown has helped lift global nickel price to 1-year
high

MOSCOW, Aug 11 (Reuters) - Oil markets will begin to tighten
in the second half of 2016 but the process will be slow and
painful as global demand growth declines and non-OPEC supplies
rebound, the International Energy Agency said on Thursday.

MOSCOW, Aug 11 (Reuters) - Oil markets will begin to tighten
in the second half of 2016 but the process will be slow and
painful as global demand growth declines and non-OPEC supplies
rebound, the International Energy Agency said on Thursday.

KIEV, Aug 11 (Reuters) - Ukraine has the military resources
to defend itself and is monitoring the situation around Crimea,
the spokesman for the General Staff, Vladislav Seleznyov, told
Reuters on Thursday.

* Saudi oil production rises to record 10.67 million bpd in
July

SINGAPORE, Aug 11 (Reuters) - Vietnamese state-owned PV Oil
is continuing to market its light sweet Song Doc crude, said an
industry source and a trader familiar with the matter.

* Shares indicated 6 pct higher pre-market

(Recasts, adds CEO quote, details)

LAUNCESTON, Australia, Aug 11 (Reuters) - Here we go again!
Another political attempt rooted more in populism than economics
to grab more tax revenue from Australia's top iron ore miners,
Rio Tinto and BHP Billiton.

Debate is flaring in Japan’s aluminum industry ahead of the fourth quarter contract premium negotiations about the future of term pricing, popularly dubbed as MJP or main Japanese port.

(Thu, 11 Aug 2016) Brazil generates the third-highest amount of electricity in the Americas, behind only the United States and Canada. Hydroelectricity provides more than 70% of Brazil's generation. During the Olympic Games, electricity demand in the host city of Rio de Janeiro has risen from an influx of tourists, athletes, and event staff.

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