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Sberbank exec: foreign banks aren't involved in Bashneft, Alrosa privatisations

MOSCOW, April 5 (Reuters) - Foreign banks are not involved in the privatisation of oil company Bashneft and diamond miner Alrosa, a senior executive of Russian bank Sberbank said on Tuesday, to the best of his knowledge.

Japan's Inpex halves full-year net profit estimate on oil rout

TOKYO, April 5 (Reuters) - Japanese oil firm Inpex Corp halved its full-year net profit estimate on Tuesday, as it was hit by impairment losses on upstream assets amid the sharp fall in crude oil prices.

IMF chief amps up call to boost global growth as risks increase

FRANKFURT, April 5 (Reuters) - International Monetary Fund Managing Director Christine Lagarde on Tuesday turned up the volume on her calls for stronger action by the world's economies to boost growth, warning that downside risks were increasing without decisive action.

UPDATE 1-Kazakhstan files $1.6 bln claim against BG-Eni venture -Lukoil

April 5 (Reuters) - Kazakhstan has filed a $1.6 billion claim against a group led by BG Group Plc and Eni SpA which is developing the Karachaganak gas condensate field, Russia's Lukoil, also a consortium member, has said.

PGNiG mulls selling gas outside Poland, wants to lower import costs

WARSAW, April 5 (Reuters) - Poland's biggest gas company PGNiG plans to sell natural gas on foreign markets and wants to renegotiate its long-term supply contracts to reduce import costs, it said in a strategy update released late on Monday.

Iron ore shipments to China rise 12 pct in March -Pilbara Ports

SYDNEY, April 5 (Reuters) - Iron ore shipments to China from Australia's Port Hedland, used by miners such as BHP Billiton , rose nearly 12 percent in March, data showed on Tuesday.

COLUMN-Crude output freeze unlikely as Iran wins back Asia market share: Russell

LAUNCESTON, Australia, April 5 (Reuters) - It's not hard to see why Saudi Arabia is reluctant to take the relatively modest step of freezing crude output unless Iran also joins the producer initiative to support oil prices.

Oil glut up close: How Cushing copes with full crude tanks

CUSHING, OK, April 5 (Reuters) - From the air above this small Oklahoma town, the 300 steel oil storage tanks that dot the landscape appear filled to the brim, their floating lids bobbing atop more than 65 millions of barrels of oil.

Mild weather, ample natural gas supply curb Northeast winter power and natural gas prices

(Tue, 05 Apr 2016) Wholesale natural gas and power prices in the Northeast United States remained relatively low this winter, absent the large spikes that have occurred during recent winters. A combination of increased deliveries of liquefied natural gas (LNG) into the region, a fuel adequacy winter reliability program, and the warmest winter on record helped to keep prices low and stable.

UPDATE 1-Looming gasoline glut pulls down global crude oil prices

* Traders forced to store unwanted gasoline on tankers in Asia

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