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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

Brazil sees worst decline in global corruption rankings

BERLIN, Jan 27 (Reuters) - Brazil suffered the sharpest deterioration in public perceptions of corruption last year, global watchdog Transparency International (TI) said in its annual report published on Wednesday that showed graft remains pervasive worldwide.

Australia shares fall as oil retreats, NZ stocks edge up

SYDNEY/WELLINGTON, Jan 27 (Reuters) - Australian shares fell 0.7 percent on Wednesday, led by losses in energy and banking stocks, while New Zealand and much of Asia put on modest gains on Wall Street's strength.

Chinese investors bargain-hunting for China shares, just not in China

* Support measures put artificial floor under mainland stocks

UPDATE 1-China Dec industrial profits fall 4.7 pct, extend longest losing streak since 2011

BEIJING, Jan 27 (Reuters) - Profits earned by Chinese industrial firms in December fell 4.7 percent from a year earlier, the seventh straight month of declines, as the slowing economy hits sales and forces many companies to cut prices to win business.

UPDATE 1-Venezuela oil minister to visit OPEC, non-OPEC countries

CARACAS, Jan 26 (Reuters) - Venezuela's oil minister will tour OPEC and non-OPEC countries in a bid to drum up support for joint action to stem the tumble in crude prices, President Nicolas Maduro announced on Tuesday night.

LG Chem scraps plan to build $4.2bn petrochemical complex in Kazakhstan

South Korea based chemical company, LG Chem has scrapped its plan to build $4.2bn petrochemical complex in Kazakhstan due to plunging oil prices.

February snow could dig into sky-high U.S. fuel inventories

NEW YORK, Jan 26 (Reuters) - The blizzard that battered the U.S. East Coast over the weekend may be just a taste of what is to come, as February is usually the snowiest month and is likely to be snowier this year because of the El Nino weather phenomenon, weather experts say.

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