Energy Update
TOKYO, April 20 (Reuters) - Crude futures fell on Wednesday
after Kuwaiti oil workers ended a three-day strike that had cut
the nation's crude output by around half, with worries about an
oversupplied market returning to the fore.
April 20 (Reuters) - Houston schools will reopen on
Wednesday after heavy rains and flooding killed at least six
people and forced the cancellation of classes for two days in
the country's fourth most populous city.
LONDON, April 19 (Reuters) - Crude oil storage helped
commodity traders and refiners make strong profits last year and
in the first quarter of 2016 but now the price structure which
made it possible is evaporating.
BANGKOK, April 20 (Reuters) - Laos's National Assembly on
Wednesday appointed Communist Party chief Bounnhang Vorachit as
the country's new president and named foreign minister Thongloun
Sisoulith as prime minister.
SYDNEY/WELLINGTON, April 20 (Reuters) - Australian shares
rose nearly 0.5 percent on Wednesday as stronger commodity
prices pushed the index to more than a 3-1/2-month high, with
miners leading the way.
MELBOURNE, April 20 (Reuters) - BHP Billiton is considering
giving up its coal stakes in Indonesia, where it recently
started producing coal, amid uncertainty over Indonesian
regulations and a weak outlook for coal.
UNITED NATIONS, April 19 (Reuters) - The United Nations
Security Council expressed serious concern on Tuesday over the
failure of South Sudanese rebel leader Riek Machar to return to
Juba to take up his old post as deputy to President Salva Kiir
as part of a peace deal.
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