Energy Update
LONDON, Aug 9 (Reuters) - British supermarket WM Morrison
agreed improved terms with its online partner Ocado
which will allow it to extend home delivery across the
country using its own stores to provide some products.
TOKYO, Aug 9 (Reuters) - The founding family of Japan's
Idemitsu Kosan Co Ltd has made a fresh call on
management to give up its plan to merge with rival oil refiner
Showa Shell Sekiyu KK.
Aug 9 (Reuters) - Oilfield services company Amec Foster
Wheeler Plc reported a first-half pretax loss, hurt by
restructuring charges on its oil and gas business in the
Americas and impairment charges in its global power group
business.
LONDON, Aug 9 (Reuters) - British supermarket WM Morrison
said on Tuesday it had agreed new terms with its online
partner Ocado which will see it extend home delivery
across the country using its own stores to pick products.
(Tue, 09 Aug 2016) During the summer, when storage operators are typically injecting natural gas into storage facilities to build up inventories before the winter months, natural gas inventories in Southern California have remained nearly flat.
(Tue, 09 Aug 2016) Crude oil prices broke below $45/b and out of of a two-month-long trading range in July. The front-month Brent crude oil price decreased $6.06 per barrel (b) since July 1, settling at $44.29/b on August 4 (Figure 1). The West Texas Intermediate (WTI) crude oil price settled at $41.93/b, declining $7.06/b over the same time.
CARACAS, Aug 8 (Reuters) - A meeting between OPEC and
non-OPEC countries may take place "in the coming weeks,"
Venezuelan Oil Minister Eulogio del Pino said on Monday, as the
crisis-stricken South American nation seeks to prop up weak oil
markets.
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