Energy Update

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* April industrial profits rise 4.2 pct y/y vs March's 11.1
pct

SINGAPORE, May 27 (Reuters) - Oil futures dipped further in
early Asian trade on Friday, finding resistance at the $50 a
barrel mark as investors worried higher prices could reactivate
shuttered crude output, adding to global oversupply.

* Some buyers say Arab Extra Light price uncompetitive vs
UAE oil

Whirlpool Corporation announced plans to build wind power turbines to help power its Marion and Ottawa plants in Ohio, a $13.5 million total investment that will build upon the company's 46 year commitment to advances in sustainable manufacturing.

BISSAU, May 26 (Reuters) - Guinea Bissau President Jose
Mario Vaz named Baciro Dja as prime minister late on Thursday,
according to a presidential decree, sparking protests from
political opponents who said the appointment was
unconstitutional.

TORONTO, May 26 (Reuters) - Canada's main stock index edged
slightly lower on Thursday, including losses for resource stocks
as oil and gold prices dipped.

LA JOLLA, Calif., May 26 (Reuters) - Argentina aims to
eliminate its need for crude imports while usincreasing domestic
oil output to 653,000 barrels per day (bpd) in 2025, a 23
percent increase from 2015, an official from the Energy Ministry
said on Thursday.

ZAGREB, May 26 (Reuters) - The future of Croatia's
centre-right government was in doubt on Thursday after the
junior coalition partner said it would support the removal of
the deputy prime minister in a confidence vote to be held by
June 18.

BISMARCK, ND, May 26 (Reuters) - Republican presidential
contender Donald Trump said on Thursday that he would approve
TransCanada's Keystone XL pipeline proposal if elected,
reversing a decision by the administration of President Barack
Obama to block it over environmental concerns.

BISMARCK, ND, May 26 (Reuters) - Republican presidential
contender Donald Trump said on Thursday that he would approve
TransCanada's Keystone XL pipeline proposal if elected,
reversing a decision by the administration of President Barack
Obama to block it over environmental concerns.

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