Energy Update

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(Wed, 06 Apr 2016) Since 2013, the share of premium gasoline in total motor gasoline sales has steadily increased to 11.3% in August and September 2015, the highest share in more than a decade.

* But Iran says its production will rise to 4 million bpd by 2017

BEIJING, April 6 (Reuters) - China is confident it can resolve business disagreements with Myanmar through friendly talks, Foreign Minister Wang Yi said after meeting his counterpart Aung San Suu Kyi, amid pressure from China to resume a stalled $3.6-billion dam project.

SINGAPORE, April 6 (Reuters) - Oil prices rose in early Asian trading on Wednesday, supported by rising expectations that exporters will agree on freezing their output amid global oversupply.

HONG KONG/SINGAPORE, April 5 (Reuters) - Noble Group will have to fork out more than double in interest margin on a $1-billion unsecured loan it is raising with banks, as a fall out of the commodity trader's credit rating downgrades, sources familiar with the matter said.

OSLO, April 6 (Reuters) - Industrial activity such as mining and logging threatens almost half of the world's natural World Heritage sites, from Australia's Great Barrier Reef to the Inca citadel of Machu Picchu in Peru, the WWF conservation group said on Wednesday.

LONDON, April 5 (Reuters) - Unexpectedly weak gasoline consumption in the United States reported for the month of January has been blamed by some market participants for the continued slide in oil prices on Tuesday.

ANKARA, April 6 (Reuters) - Iranian Oil Minister Bijan Namdar Zanganeh said the country's crude output would reach four million barrels per day (bpd) by March 2017, state television reported on Wednesday.

MUMBAI, April 6 (Reuters) - India's all-singing, all-dancing movie hits capture the attention of hundreds of millions of fans - but they generate precious little in box office profits for the world's largest cinema industry.

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