Energy Update
VIENNA, May 17 (Reuters) - Rival Libyan factions have
reached an agreement in principle to have one oil organisation
for the strife-torn north African OPEC member, the foreign
minister of the new U.N.-backed unity government said on
Tuesday.
LONDON, May 17 (Reuters) - European shares hit a two-week
high on Tuesday, with companies such as Taylor Wimpey and
Vodafone gaining after their encouraging updates and
miners tracking a rally in major industrial metals.
MOSCOW, May 17 (Reuters) - Russian Finance Minister Anton
Siluanov said on Tuesday that state firms may use borrowing to
finance their investment programmes and to be able to pay the
state 50 percent in dividends from their profits under
international standards.
May 17(Reuters) - Support services group DCC said it
expected to see another profit growth in the current financial
year after it posted a 35.5 percent rise in full-year operating
profit.
May 17(Reuters) - Support services group DCC said it
expected to see another profit growth in the current financial
year after it posted a 35.5 percent rise in full-year operating
profit.
May 17 (Reuters) - A rally in U.S. crude oil prices recently
has put the market on its firmest footing since the rout started
in 2014, with the spread between prices for near-term delivery
and future delivery narrowing, suggesting the worst of the
supply glut may be over.
(Tue, 17 May 2016) The U.S. Energy Information Administration provides a long-term outlook for energy supply, demand, and prices in its Annual Energy Outlook (AEO). This outlook is centered on the Reference case, which is not a prediction of what will happen, but rather a modeled projection of what might happen given certain assumptions and methodologies.
(Tue, 17 May 2016) This release is an annotated PowerPoint summary and the data for two cases from the Annual Energy Outlook 2016. The cases released today are the Reference case, which includes one possible implementation of the final Clean Power Plan (CPP) rule promulgated by the Environmental Protection Agency, and a No-CPP case, which assumes that the CPP rule is not implemented.
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