Energy Update
* GRAPHIC-Global crude output: http://tmsnrt.rs/1Wpx5Rc (Adds time of talks, Qatar attending, UAE and Kuwait comments)
PALO ALTO, Calif., Feb 17 (Reuters) - Negotiations between the United States and India to resolve a solar power trade dispute are continuing with no clear end in sight, the top U.S. trade official said on Tuesday, signaling another likely delay in a World Trade Organization public ruling in the case.
(Wed, 17 Feb 2016) EIA's weekly survey of diesel prices shows that the U.S. average retail price for on-highway diesel fuel was $1.98 per gallon (gal) on February 15, falling below $2/gal for the first time since February 14, 2005. The U.S. average retail diesel price had last approached, but not gone below, the $2.00 mark in early 2009. Falling diesel prices reflect both decreasing crude oil prices and increasing inventories of crude oil and refined products.
SINGAPORE, Feb 17 (Reuters) - Crude oil futures rebounded on Wednesday on investor hopes that a deal between Saudi Arabia and Russia to freeze oil output at January levels would lead to a wider pact among producers that could eventually see production cuts to support prices.
WASHINGTON, Feb 16 (Reuters) - A U.S.
BRASILIA/SAO PAULO, Feb 16 (Reuters) - Brazilian state-run lenders are considering converting part or all of their outstanding loans to Petróleo Brasileiro SA into equity in a bid to help the embattled oil producer, two sources familiar with the plan told Reuters on Tuesday.
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