Energy Update

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DHAKA, Feb 8 (Reuters) - Bangladesh Petroleum Corp (BPC) will sell 170,000 barrels of naphtha to Japanese trading firm Itochu at a discount of $1.19 to Singapore quotes, the lowest price since November 2014.

LONDON, Feb 8 (Reuters) - RWE's British unit npower plans to reduce domestic gas prices by an average of 5.2 percent from March 28, the company said on Monday.

CAPE TOWN, Feb 8 (Reuters) - Anglo American's chief executive said on Monday the mining industry had itself to blame for oversupply in the market and cannot rely on a reversal of the commodities price slump anytime soon.

* Saudi, Venezuela meet ends with few signs of price boost (Updates prices)

* Companies seek to safeguard growth for when market recovers

LAUNCESTON, Australia, Feb 8 (Reuters) - - One of the dominant themes in Asia's oil products markets is the rise of Chinese fuel exports, so much so that the decline in shipments from India barely gets mentioned.

International sanctions against Russia introduced in 2014 turned out not to be the bogeyman they first seemed to be. Rosemary Griffin explains.

(Mon, 08 Feb 2016) Demand response in the electricity market involves the targeted reduction of electricity use during times of high demand. In response, customers receive incentives for these reductions. A recent Supreme Court ruling is expected to result in faster growth in demand response in the wholesale electricity markets that cover about 60% of U.S. power supply.

SYDNEY, Feb 8 (Reuters) - Australian shares fell on Monday, extending losses into a second session, as a weaker Wall Street weighed on market sentiment.

TOKYO, Feb 8 (Reuters) - Crude oil futures were mixed in early Asian trade on Monday after a meeting between OPEC producers Saudi Arabia and Venezuela to discuss coordination on prices ended with few signs there would be steps taken to boost prices.

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