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UPDATE 3-U.S. slams Taiwan president's planned visit to contested South China Sea island

* Tensions have been rising in South China Sea (Recasts with U.S. comment)

UPDATE 1-LG Chem says to restart South Korea naphtha cracker "soon"

* Naphtha market marked by heavy prompt supply (Adds comment, detail)

Oil investor Hall sees conditions ripe for a rebound in crude

* Just 1 pct of spare capacity to deal with disruption - Hall

U.S. says Taiwan president's visit to disputed South China Sea island "unhelpful"

TAIPEI, Jan 27 (Reuters) - The United States said on Wednesday that Taiwan President Ma Ying-jeou's planned trip to the Taiwanese-held island of Itu Aba in the disputed South China Sea is "extremely unhelpful" and will not contribute to the peaceful resolution of disputes.

U.S. shale firms, struggling to profit with $30 oil, slash spending more

HOUSTON, Jan 27 (Reuters) - Three major U.S. shale oil companies have slashed their 2016 capital spending plans more than expected in a bid to survive $30 a barrel oil prices, with one of them saying prices would need to rise more than 20 percent just to turn a profit.

China on course to meet 2020 nuclear capacity targets -official

BEIJING, Jan 27 (Reuters) - China is on course to meet its target to raise its total installed nuclear capacity to 58 gigawatts (GW) after a resumption in new project approvals last year, an official with the country's nuclear agency said on Wednesday.

UPDATE 2-U.S., China must find way forward on North Korea, South China Sea - Kerry

* North Korea nuclear programme "major challenge" to global security

Spread between Henry Hub, Marcellus natural gas prices narrows as pipeline capacity grows

(Wed, 27 Jan 2016) Natural gas spot prices around the United States are often compared to prices at the Henry Hub in Louisiana. At trading points in and around the Marcellus and Utica plays in Pennsylvania, West Virginia, and Ohio, natural gas prices consistently trade below the Henry Hub national benchmark price. However, the difference between these pricing points and the Henry Hub has narrowed in recent months as new pipeline projects come online.

COLUMN-Australia, Brazil boost China iron ore import share, but not enough: Russell

LAUNCESTON, Australia, Jan 27 (Reuters) - - Iron ore heavyweights Australia and Brazil are gaining market share in top buyer China, but aren't quite destroying their smaller rivals as quickly as they need to.

Asia fuel oil market faces troubling 2016 after punishing 2015

* Fleet glut, slow speeds to save fuel also crimp marine demand

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