Energy Update
SHANGHAI/MANILA, Dec 4 (Reuters) - Cash-strapped Chinese steel mills are dumping iron ore stocks, selling at a loss to shore up cash flow in the latest sign of the sector's worsening crisis, steel mill and trader sources said.
SHANGHAI/MANILA, Dec 4 (Reuters) - Cash-strapped Chinese steel mills are dumping iron ore stocks, selling at a loss to shore up cash flow in the latest sign of the sector's worsening crisis, steel mill and trader sources said.
* Traders awaiting U.S.
VIENNA, Dec 4 (Reuters) - The Organization of the Petroleum Exporting Countries will likely decide to roll over oil production at its meeting on Friday, sources said, with Saudi Arabia telling other members it has no intention of floating a proposal for curbing output.
WARSAW, Dec 4 (Reuters) - Head of central Europe's largest insurer PZU is likely to resign early next week, as the treasury ministry, which controls over 35 percent of the company, wants to replace him, a source close to the supervisory board said on Friday.
WARSAW, Dec 4 (Reuters) - Head of central Europe's largest insurer PZU is likely to resign early next week, as the treasury ministry, which controls over 35 percent of the company, wants to replace him, a source close to the supervisory board said on Friday.<
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