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Hong Kong stocks follow global markets down, but have best week in 10 mths

Feb 19 (Reuters) - Hong Kong stocks tracked global markets lower on Friday as energy shares pulled back after an oil price rally paused, but for the week main indexes enjoyed their best performance in 10 months with gains of more than 5 percent.

Beijing's air quality improving, despite winter setback, official says

BEIJING, Feb 19 (Reuters) - Air quality in China's capital, Beijing, has improved over the last two years, a senior environment official said on Friday, despite a dramatic three-week episode of hazardous smog that drew worldwide attention last year.

UPDATE 4-Oil prices fall on oversupply concerns after US crude stocks hit record

* U.S.

Activist investors take a beating in energy price rout

NEW YORK/HOUSTON, Feb 19 (Reuters) - Activist investors brave enough to have ventured into the volatile energy sector are paying a heavy price for their courage, stuck with hefty paper losses and no near-term recovery in sight.

For transportation fuels, the Gulf Coast produces, the East Coast consumes

(Fri, 19 Feb 2016) Movement of transportation fuels between the U.S. Gulf Coast and East Coast regions represents the largest movement of such products in the United States. This relationship is underpinned by supply and demand imbalances in each region. The Gulf Coast is the largest petroleum refining region in the country, making nearly half of total U.S. refined products.

China coal firm Up Energy seeks debt restructuring after bond default

HONG KONG, Feb 19 (Reuters) - Coal mining company Up Energy Development said on Friday it is in talks with creditors to restructure its debt or at least ensure no action is taken by them against it following a default on its convertible bonds due in January.

REFILE-Australia shares fall from 2-week high, New Zealand shares gain

SYDNEY/WELLINGTON, SYDNEY, Feb 19 (Reuters) - Australian shares fell 0.5 percent on Friday, coming off a two-week high touched in the previous session.

RPT-COLUMN-Is Saudi Arabia winning the war against shale? Kemp

LONDON, Feb 18 (Reuters) - Saudi officials insist the kingdom's oil production strategy is not aimed at putting U.S. shale producers out of business, a message that has been repeated to visiting U.S.

U.S. oil falls after crude stocks hit record high

SINGAPORE, Feb 19 (Reuters) - U.S. oil futures fell in early Asian trade on Friday as record crude stocks renewed concerns about global oversupply, outweighing moves by oil producers including Saudi Arabia and Russia to cap oil output.

UPDATE 1-Devon stock sale surprises Wall Street after CEO downplays need

HOUSTON, Feb 18 (Reuters) - It was a head fake that left Wall Street scratching its head.

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