Energy Update
SHANGHAI, April 12 (Reuters) - Chinese state-owned steelmaker Sinosteel has once again postponed its deadline to pay off interest on 2 million yuan ($309,607.11) of enterprise bonds, the company said in a statement on the website of China's bond clearinghouse.
PRAGUE, April 12 (Reuters) - Czech energy company EPH is planning to sell a minority stake in its newly-created EP Infrastructure (EPIF) business on the stock market by the end of June, the company said on Tuesday.
SINGAPORE, April 12 (Reuters) - - It would be easy to dismiss the assertion by BHP Billiton Chief Executive Andrew Mackenzie that commodity prices have bottomed as the wishful thinking of a mining executive keen to see some improvement in profit margins.
LONDON, April 11 (Reuters) - Strong growth in U.S. gasoline consumption has been one of the most important factors supporting oil prices in 2016, but some analysts question whether the official data is overstating the strength of gasoline demand.
(Tue, 12 Apr 2016) Although total U.S. crude oil imports in 2015 continued to be lower than levels reached during the mid-2000s, imports from the United States' top foreign oil supplier—Canada—were the highest on record, according to annual trade data from EIA's <em>Petroleum Supply Monthly</em>. Canada provided 4 out of every 10 barrels of oil imported into the United States in 2015.
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