Energy Update
MOSCOW, Dec 28 (Reuters) - Trading house Gunvor has agreed to sell its last asset in Russia, a 50 percent stake in the Novorossiisk fuel oil terminal to a subsidiary of Kremlin-controlled Transneft, an industry source told Reuters on Monday.
RIYADH, Dec 28 (Reuters) - Saudi Arabia, its finances hit by low oil prices, announced plans to shrink a record state budget deficit with spending cuts and a drive to raise revenues from sources other than oil.
BAGHDAD, Dec 28 (Reuters) - Iraq's counter-terrorism forces have raised the Iraqi flag above the central government complex in the western city of Ramadi, a military spokesman said on Monday, a day after the army declared victory over Islamic State fighters there.
Editor: B S Unnikrishnan +91 80 6749 6414 Global Picture Desk: +65 6870 3775 Global Graphics Desk: +65 6870 3595 (All times GMT / ET) Receive this schedule by email: http://mediaexpress.reuters.com TOP STORIES Survival of fittest for commodities shipping firms in 2016 LONDON - Shipping companies that transport commodities such as coal, iron ore and grain face a painful year ahead, with only the strong
* Graphic on dry bulk v tanker markets: http://tmsnrt.rs/1khncaQ
SINGAPORE, Dec 28 (Reuters) - Oil prices fell on Monday after the long Christmas weekend, with U.S.
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