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Iraq oil exports from southern ports close to 3.5 mln bpd so far in April

BAGHDAD, April 7 (Reuters) - Oil exports from Iraq's southern ports have risen to an average of 3.494 million barrels per day (bpd) in April, an official from the state-run South Oil Company said on Thursday.

UPDATE 2-Oil futures rise but traders warn on premature rally

* But traders warn that oil fundamentals remain weak (Updates prices)

India's physical gold industry strike could be set to end, alongside long lunches

Could India’s physical gold market, which remained at a near standstill on continued industrial action this week, be set to reopen? Ben Kilbey reveals all.

Mega deals morph into mega problems for Wall Street

* Political uncertainty, antitrust hurdles deterring big deals

EIA tracks monthly ethanol and biodiesel rail movements

(Thu, 07 Apr 2016) EIA recently released new information on ethanol and biodiesel movements by rail. The new monthly estimates are integrated with EIA's existing <em>Petroleum Supply Monthly</em> and include movements beginning in January 2014. Unlike other liquid fuels that are most commonly transported by pipeline, ethanol and biodiesel are more often transported by rail because both fuels attract water and other impurities in pipelines.

Venezuela decrees Fridays a holiday to ease energy crisis

CARACAS, April 6 (Reuters) - Venezuela's President Nicolas Maduro has decreed that all Fridays for the next two months will be holidays, in a bid to save energy in the blackout-hit OPEC country.

Australia, NZ shares up, buoyed by oil and Fed

SYDNEY/WELLINGTON, April 7 (Reuters) - Australian shares extended gains on Thursday, while New Zealand stocks were flirting with a record peak after a jump in oil prices and a cautious Federal Reserve underpinned risk assets.

UPDATE 1-U.S. International Trade Commission launches aluminum trade probe

* US aluminium producers have been hit hard by foreign competition

Oil prices up on US inventory draw, but traders warn on premature rally

SINGAPORE, April 7 (Reuters) - Crude futures were lifted by a raft of supportive indicators in early trading on Thursday, although some traders warned that physical supply and demand fundamentals did not warrant a strong price recovery at this stage.

RPT-UPDATE 1-Chevron's $3 bln Asian geothermal assets to draw global suitors-sources

SINGAPORE, April 6 (Reuters) - French utility Engie and Japan's Marubeni are among several suitors preparing to bid for Chevron Corp's Asian geothermal energy blocks valued at about $3 billion, sources familiar with the matter said.

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