Energy Update

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SINGAPORE, March 10 (Reuters) - Producers have been locking in recent gains across the crude futures price structure, selling forward contracts and potentially undermining further recovery because they do not trust a jump in front-month oil since January.

ANKARA, March 10 (Reuters) - Iranian Foreign Minister Mohammad Javad Zarif and his U.S.

ASTANA, March 10 (Reuters) - Kazakhstan indicated on Thursday it had no plan to freeze oil output, as suggested by a group of major producers, and would instead ramp up production to its original target of 77 million tonnes per year if the oil price stayed above $40 a barrel.

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March 10 (Reuters) - British oil and gas services company Amec Foster Wheeler Plc said it would sell its Global Power Group unit as it exits some of its non-core assets and halve its net debt in the next 15 months.

March 10 (Reuters) - British oil and gas services company Amec Foster Wheeler Plc said it would sell its Global Power Group unit as it exits some of its non-core assets and halve its net debt in the next 15 months.

LONDON, March 9 (Reuters) - Commodity traders and academic economists agree there is a close relationship between stock levels and the strip of futures prices.

TOKYO, March 10 (Reuters) - The share price of Japan's power utilities tumbled to a 16-month low on Thursday after an unexpected court injunction halted operations at two nuclear reactors, stymieing plans to bring more atomic plants back online.

ANKARA, March 10 (Reuters) - Iran's ballistic-missile programme will never stop under any circumstances and Tehran has missiles ready to be fired, said a senior commander of the country's elite Revolutionary Guards Corps (IRGC) according to state TV on Thursday.

ANKARA, March 10 (Reuters) - Iran's ballistic-missile programme will never stop under any circumstances and Tehran has missiles ready to be fired, said a senior commander of the country's elite Revolutionary Guards Corps (IRGC) according to state TV on Thursday.

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