Energy Update
Feb 1 (Reuters) - Anadarko Petroleum Corp on Monday reported a larger quarterly loss as low crude prices took a toll and the U.S.
While American crude has started to trickle out on to the world market, cargoes of crude grades the US hasn’t seen in years are beginning to appear in domestic ports.
TORONTO, Feb 1 (Reuters) - Tanking fertilizer prices have worsened the economic and budget outlook for the Canadian province of Saskatchewan, where the oil shock has already stalled growth, pushed the government into deficit and caused its bonds to underperform.
(Adds latest prices) Feb 1 (Reuters) - U.S. natural gas futures fell over 6 percent to the lowest level in almost two weeks on Monday on forecasts for warmer weather through the middle of February that should reduce heating demand. After ending up over 5 percent on Friday, front-month gas futures on the New York Mercantile Exchange closed down 14.6 cents, or 6.4 percent, at $2.152 per million British thermal units. That was the biggest decline since late December.
SAO PAULO, Feb 1 (Reuters) - A Brazilian judge sentenced the former head of state-run oil company Petrobras' international division to 12 years and two months in jail for corruption and money laundering on Monday, part of the country's largest-ever graft investigation.
NEW YORK, Feb 1 (Reuters) - U.S.
* Per-day exports to China highest since Sept. 2014 * Total of 34 cargoes to China highest since March 2015 * Indian barrel-per-day buying lowest since Jan. 2015 By Libby George LONDON, Feb 1 (Reuters) - China's West African crude loadings were set to pass 1 million barrels per day (bpd) in February, the highest per day since September 2014, as a new term deal took effect and other buyers stocked up on low priced oil. The increase pushed overall West African crude oil expo
MOSCOW, Feb 1 (Reuters) - Russian natural gas producer Gazprom expects a slight increase in its output this year, Gazprom board member Vsevolod Cherepanov told a meeting with investors on Monday.
ASHGABAT, Feb 1 (Reuters) - Turkmenistan, hit hard by the slump in the price of energy and commodities, has limited the amount of money its citizens can send abroad through the popular Western Union money transfer service, transfer clerks said.
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