Energy Update
AMMAN, June 1 (Reuters) - Jordanian King Abdullah swore in a
new government led by a business-friendly politician on
Wednesday, charging him with preparing for parliamentary
elections by September and pushing legislation to spur sluggish
growth.
VIENNA, June 1 (Reuters) - Iran said on Wednesday it would
not commit to any oil-production action with fellow OPEC members
when the group meets this week despite being close to
pre-sanctions output and export levels.
SINGAPORE, June 1 (Reuters) - China could approve more crude
import quotas for independent refiners that will bring the total
volume to close to 2 million barrels per day (bpd) by the end of
2016, an industry official said on Wednesday.
ISTANBUL, June 1 (Reuters) - Indian oil refiners will clear
around 6 billion euros ($6.7 bln) of outstanding debt to Iran
through Turkey's Halkbank within a short period, a
senior Iranian economy official said on Wednesday.
SINGAPORE, June 1 (Reuters) - Iran has deferred at least one
of its fuel oil loadings for June to Asia, according to a trade
source with direct knowledge of the matter.
VIENNA, June 1 (Reuters) - Venezuelan energy minister
Eulogio Del Pino said on Wednesday OPEC has a de facto oil
output freeze as its overall production stood steady in the past
few months.
* GRAPHIC-Tata Steel's UK, Dutch plants http://tmsnrt.rs/1NVT4jL
SAO PAULO, June 1 (Reuters) - An appeals court ruling on
whether a Liberian mortgage is valid for a Brazilian-owned oil
production ship, due on Wednesday, could cast doubt on the
future of secured lending for such vessels in the world's
largest deepwater market.
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