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Iran sees oil freeze pact as not enough to help market - Iranian sources

ANKARA/LONDON, Feb 18 (Reuters) - Iran believes a global agreement to freeze oil output will not be enough to help prop up prices as the world is producing too much crude, Iranian oil sources told Reuters.

RPT-COLUMN-Commodities' well-travelled road to nowhere. Cutting output: Russell

LAUNCESTON, Australia, Feb 18 (Reuters) - Live and don't learn. That should be the motto of commodity producers who attempt to push prices higher by trying a variety of methods to restrict supply.

Fighting at U.N. compound in South Sudan kills five - U.N. mission

NAIROBI, Feb 18 (Reuters) - Fighting between youths sheltering in a U.N. compound in South Sudan's Malakal killed five people and wounded 30 after violence erupted between two ethnic groups, the U.N.

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. policymakers.

UPDATE 1-Plan to revive Russian economy to cost $11.7 bln -EconMin

MOSCOW, Feb 18 (Reuters) - A Russian government plan to shore up the recession-battered economy will cost around 880 billion roubles ($11.7 billion), Economy Minister Alexei Ulyukayev told a cabinet meeting on Thursday.

UPDATE 1-S&P cuts Anglo American to junk, 3rd agency to do so this week

Feb 18 (Reuters) - Global miner Anglo American Plc's credit rating was downgraded to junk by Standard & Poor's on Thursday, making it the third agency to do so this week.

China's coal-, methanol-to-olefins profitability under pressure as crude prices remain low

With crude oil prices lingering at levels not seen in over a decade, do coal-to-olefins and methanol-to-olefins processes still hold a competitive edge against naphtha-based production?

PSCs could stem output decline, ease funding crunch

Nigeria needs to urgently revise the contracts governing its onshore oil blocks if it wants to stem the decline of production in a low oil price environment, the head of Oando said recently.

Russia will only sell control of Bashneft if paid premium - source

MOSCOW, Feb 18 (Reuters) - The Russian state could sell only around 25 percent in mid-size oil company Bashneft if the likely buyer fails to offer a significant premium to the market price, a senior Russian government source said.

S&P becomes third agency to downgrade Anglo American's debt

Feb 18 (Reuters) - Global miner Anglo American Plc's credit rating was downgraded by Standard & Poor's on Thursday, making it the third agency to do so this week.

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