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COLUMN-El Nino and sluggish freight upend U.S. heating oil market: Kemp

LONDON, Jan 4 (Reuters) - Heating oil prices in the United States are trading as if it was mid-summer rather than winter, as warm weather and sluggish demand from freight companies combine to make heating oil cheaper than gasoline.

UPDATE 1-Islamic State clashes with guards near Libya's Es Sider oil port

BENGHAZI, Libya, Jan 4 (Reuters) - Islamic State fighters clashed with a force guarding Libya's Es Sider oil export terminal on Monday, witnesses reported, and the militants said they had taken a nearby town.

Indonesia postpones new levy on gasoline and diesel

JAKARTA, Jan 4 (Reuters) - Indonesia has postponed a new levy on fossil fuels intended to support development of renewable energy resources and improve energy security, its energy minister said on Monday, a day before it had been due to come into effect.

WRAPUP 1-Middle East tensions boil as Saudi Arabia cuts ties with Iran

DUBAI, Jan 4 (Reuters) - Iran accused Saudi Arabia on Monday of using an attack on its embassy as a pretext to sever ties in a diplomatic crisis deepening their often violent struggle for influence across the Middle East.

RPT-US oil "strippers" maneuver to keep pumping amid crude slump

HOUSTON, Jan 4 (Reuters) - U.S. "stripper well" operators, the nation's smallest oil producers seen as most likely to succumb to the crude price slump, are hanging in tough, reducing the chances of near-term production cuts needed to rebalance the domestic oil market.

UK oil, gas output rises for first time in 15 years - industry body

LONDON, Jan 4 (Reuters) - Britain's oil and gas output rose in 2015 for the first time since the turn of the millennium, industry body Oil & Gas UK said on Monday, reversing a declining trend but coming as oil prices are trading at a seven-year low.

UPDATE 1-Cairn Energy successfully tests Senegal production well

Jan 4 (Reuters) - Oil explorer Cairn Energy Plc said on Monday it carried out its first successful production test at its oilfields in Senegal, sending its shares up as much as 9 percent.

IMF head visits Nigeria as president seeks way out of economic crisis

LAGOS, Jan 4 (Reuters) - Nigerian President Muhammadu Buhari, elected on a pledge to tackle corruption, holds talks with the International Monetary Fund on Tuesday as the country seeks to spend its way out of an economic crisis fuelled by plunging oil prices.

WRAPUP 1-CEE factory output grows steadily, unfazed by China worries

WARSAW, Jan 4 (Reuters) - Factory output in central and eastern Europe grew steadily in December despite worries over China's slowing growth, data showed on Monday, with the region benefiting from lower oil prices and rising demand from the euro zone, its main trade partner.

Croatia draws 7 bids for LNG terminal on Krk

SARAJEVO, Jan 4 (Reuters) - Croatia has received seven bids to build a liquefied natural gas (LNG) terminal on the island of Krk in the northern Adriatic, LNG Croatia said on Monday.

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