Energy Update

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NEW YORK, Feb 24 (Reuters) - U.S. crude oil stocks rose to a second consecutive record high last week as refinery utilization fell, while gasoline inventories fell for the first time since November, data from the Energy Information Administration showed on Wednesday.

NEW YORK, Feb 24 (Reuters) - Creditors fighting Argentina in U.S.

GENEVA, Feb 24 (Reuters) - The United States won a ruling against India at the World Trade Organization on Wednesday after challenging the rules on the origin of solar cells and solar modules used in India's national solar power programme.

Trina Solar Ltd, the world’s biggest maker of solar PV panels, will buy the assets of Solland Solar Cells BV in the Netherlands, boosting its manufacturing capacity by about 200 MW.

TORONTO, Feb 24 (Reuters) - Canada's main stock index tumbled to a one-week low on Wednesday as lower oil prices weighed on the resource-linked market, and weaker-than-expected bank earnings dragged down financial stocks.

LONDON - Shares fall sharply as oil prices drop after Saudi Arabia effectively rules out output cuts by major producers, lifting investor appetite for low-risk assets such as the Japanese yen and gold. (GLOBAL-MARKETS/ (WRAPUP 5), updated throughout the day, 620 words)

* Sets 2016 capex of $1.3 bln-$1.8 bln, down 57 pct from 2015

TORONTO, Feb 24 (Reuters) - Royal Bank of Canada reported a weaker-than-expected profit on Wednesday as the oil price crash forced the lender to set aside more money to cover potential bad loans, sending the stock to its biggest one-day fall in seven years.

Feb 24 (Reuters) - The head of Royal Dutch Shell's U.S.

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