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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.

CANADA STOCKS-TSX sustains six-week high as gold miners gain

TORONTO, Feb 18 (Reuters) - Canada's main stock index gained for a fourth straight session on Thursday, sustaining a six-week high, as gold miners rose with bullion and consumer and telecom stocks also rose, though energy shares weighed as crude oil stockpiles increased.

UPDATE 2-Los Angeles-area methane leak declared permanently sealed

LOS ANGELES, Feb 18 (Reuters) - An underground natural gas pipeline rupture that caused the largest methane leak ever in California has been permanently capped, paving the way for thousands of displaced Los Angeles residents to return home, state regulators said on Thursday.

UPDATE 3-Tough road for Venezuela after dire data, lacking measures

CARACAS, Feb 18 (Reuters) - Venezuela's central bank on Thursday released long-awaited data showing the depth of the OPEC country's recession, a day after President Nicolas Maduro announced a package of measures seen as insufficient to salvage the unraveling economy.

China steel sector optimism grows on stronger product prices

Platts editors examine how sustainable rising Chinese domestic steel prices are, discuss the industry's reaction to antidumping measures and examine the outlook for China's iron ore market.

CHS commissions new coker at McPherson refinery in Kansas, US

Global energy, grains and foods company CHS has commissioned the new coker at its McPherson refinery in central Kansas, US.

UPDATE 1-Saudi Arabia "not prepared" to cut oil production - AFP

Feb 18 (Reuters) - Saudi Arabia is "not prepared" to cut oil production, Agence France-Presse reported, quoting the Saudi foreign minister Adel al-Jubeir.

UPDATE 1-Vallourec cuts investments, jobs further after 2015 net loss

PARIS, Feb 18 (Reuters) - French steel pipe maker Vallourec , which supplies oil and gas companies, reported a 2015 net loss, cut investments for a second consecutive year and said it expects adverse market conditions to persist throughout 2016.

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