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Debt repayments in crude cripple poorer oil producers

LONDON, May 24 (Reuters) - Poorer oil-producing countries
which took out loans to be repaid in oil when the price was
higher are having to send three times as much to respect
repayment schedules now prices have fallen.

COLUMN-Coking coal's sensible response to China's steel boom: Russell

LAUNCESTON, Australia, May 24 (Reuters) - With China's steel
and iron ore bubble popped, the market is struggling to work out
what price levels these commodities should be trading around.
Perhaps coking coal provides good guidance.

French police clear refinery blockade with water cannon, tear gas -union

MARSEILLE, France, May 24 (Reuters) - French police on
Tuesday cleared away striking workers blockading the Fos-sur-Mer
refinery in Marseille using water cannon and tear gas, an
official of the CGT union said.

Iraq says total oil output 4.7 million bpd; exports at record

BAGHDAD, May 24 (Reuters) - Iraq's total oil output has
reached 4.7 million barrels per day (bpd) and exports are
running at a record 3.9 million bpd, the state-run Iraqi Media
Network reported, citing an oil official.

UPDATE 1-Strongest El Nino in nearly 20 years ends - Australian weather bureau

SYDNEY, May 24 (Reuters) - The strongest El Nino in nearly
20 years, which damaged crop production in Asia and caused food
shortages, has ended, the Australian Bureau of Meteorology (BOM)
said on Tuesday.

U.S. refiners see surprise surge in diesel demand

NEW YORK, May 24 (Reuters) - U.S. refiners are enjoying
their strongest diesel margins in months as surprisingly robust
overseas demand, combined with lower domestic production has
triggered an unusually large drawdown in inventories for this
time of year.

Germany?s renewables electricity generation grows in 2015, but coal still dominant

(Tue, 24 May 2016) Renewable electricity generation in Germany increased to 194 billion kilowatthours (kWh) in 2015, representing 31% of the country's gross electricity generation. The renewables electricity growth in 2015 was the largest in both percentage and absolute terms (19% and 32 billion kWh, respectively) in at least a decade.

UPDATE 2-Oil prices fall as dollar gains, but possible stock drawdown supports

* US crude stocks likely fell 2.5 mln bbls last wk -Reuters
poll

Climate change takes center stage at Exxon, Chevron annual meetings

HOUSTON, May 24 (Reuters) - Exxon Mobil Corp and
Chevron Corp will face their toughest-ever push by
shareholders concerned about a warming world at annual meetings
on Wednesday, as the Paris accord to tackle climate change
ratchets up investor pressure on two of the world's largest oil
companies.

Australia shares hit by stumble in energy firms, NZ at 2-wk lows

SYDNEY/WELLINGTON, May 24 (Reuters) - Australian shares were
down for a second day in subdued trade on Tuesday, as falling
oil prices pressured energy firms although miners proved
resilient to more weakness in iron ore.

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