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Iraqi Shi'ite leader threatens unrest if reforms blocked

BAGHDAD, March 25 (Reuters) - Powerful Iraqi Shi'ite Muslim leader Moqtada al-Sadr warned political party leaders on Friday they would face street protests if they obstruct a government overhaul planned by Prime Minister Haider al-Abadi to fight corruption.

UPDATE 1-Switzerland to hand Venezuela oil firm bank records to US

ZURICH, March 25 (Reuters) - In a widening corruption probe into Venezuela's state oil company by U.S. authorities, Swiss regulators have agreed to provide U.S.

Former Malaysian PM Abdullah named new Petronas adviser

KUALA LUMPUR, March 25 (Reuters) - Former Malaysian Prime Minister Abdullah Ahmad Badawi was appointed as adviser for state oil firm Petroliam Nasional Bhd (Petronas), replacing another former premier Mahathir Mohamad who was fired from the post two weeks ago.

China state firms' Jan-Feb profits fall 14.2 percent y/y

BEIJING, March 25 (Reuters) - Profits from China's state firms fell 14.2 percent in the January to February period from a year earlier to 222.61 billion yuan ($34.2 billion), the Ministry of Finance said on Friday, in a sign of worsening business conditions from a slowing economy.

U.S. petroleum product exports continue to increase

(Fri, 25 Mar 2016) Total U.S. petroleum product exports continued to increase in 2015, up 467,000 barrels per day (b/d) from 2014 to 4.3 million b/d, driven by increased exports of distillate fuel, motor gasoline, and propane. Mexico and countries in Central and South America continue to be major recipients of U.S. petroleum product exports.

Nigeria targets 300 army officers, firms, in widening corruption probe

ABUJA, March 25 (Reuters) - Nigeria has accused 300 firms and individuals, including army officers, of embezzling 48 billion naira ($241.45 million) through overpaid defence contracts or fraud, the presidency said on Thursday in a widening a crackdown on graft.

COLUMN-Oil price war threatens U.S. sense of energy security: Kemp

LONDON, March 24 (Reuters) - The political economy of oil prices in the United States is complicated.

Switzerland to hand Venezuela oil firm bank records to US - Bloomberg

ZURICH, March 24 (Reuters) - In a widening corruption probe into Venezuela's state oil company by the U.S. Justice Department, Swiss regulators have agreed to provide U.S. prosecutors with records from at least 18 banks relating to the oil firm, Bloomberg reported on Wednesday.

Delays at Venezuela's main crude port trigger vessels backlog

HOUSTON/CARACAS, March 24 (Reuters) - Serious delays to load and unload vessels at Venezuela's main crude port started to create a backlog of tankers last week that is now extending to the island of Curacao, according to traders, a union representative and Thomson Reuters data.

WRAPUP 3-Syrian forces fight their way into Palmyra, as Kerry and Putin hail thaw

GENEVA/MOSCOW/BEIRUT, March 24 (Reuters) - Syrian troops backed by Russian air support fought their way into the Islamic State-held city of Palmyra on Thursday, their biggest offensive yet against the jihadist caliphate, as Moscow and Washington discussed how to help to end the civil war.

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