Energy Update

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* Central bank official calls it a "managed float"

(Adds naira predications, central bank official, details)

NEW DELHI, June 15 (Reuters) - Indian Oil Corp (IOC)
will raise the price of diesel by 2.3 percent from
Thursday and that of gasoline by 0.08 percent, reflecting
changes in global fuel prices, the company said in a statement.

ZAGREB, June 15 (Reuters) - Croatian Deputy Prime Minister
Tomislav Karamarko resigned on Wednesday and said his HDZ party,
the biggest in the ruling centre-right coalition, aimed to form
a new government after a scheduled vote of no-confidence set for
Thursday.

SANTIAGO, June 15 (Reuters) - Foreign direct investment in
Latin America fell 9.1 percent last year and could drop as much
as 8 percent in 2016, the United Nations' Latin American arm
said in a report on Wednesday.

June 15 (Reuters) - Oil producer Canadian Natural Resources
Ltd sharply raised its cash-flow forecast for the year
as it gains from a rally in crude oil prices.

PRAGUE, June 15 (Reuters) - Czech Interior Minister Milan
Chovanec said on Wednesday he had signed a merger of the top
anti-corruption units in the police force despite objections
from a coalition partner which have shaken the centre-left
government.

WARSAW, June 15 (Reuters) - Poland will produce draft
legislation by the autumn designed to help its coal-fired power
producers to invest in new generating capacity, the energy
ministry said on Wednesday.

* Kurds willing to sell oil through Baghdad if payment
guaranteed

If you’ve seen the astonishing leap in Gevo’s valuation over the past two weeks and the jump in Amyris’ value this week, you might have noticed they have one important element in common: both are making major announcements regarding supply of renewable jet fuel.

* MSCI decides not to consider Saudi for emerging market
status

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