Energy Update
LONDON, Oct 19 (Reuters) - Hedge funds have unwound most of the record short position they established in U.S. crude futures and options between June and August amid signs that the oil market is rebalancing.
TOKYO, Oct 19 (Reuters) - State-run Japan Oil, Gas and Metals National Corp (JOGMEC) on Monday bought about 2.52 million barrels (400,000 kilolitres) of light crude via tender for the government's Strategic Petroleum Reserves, a trade ministry official said.<
LONDON, Oct 19 (Reuters) - Britain's top share index slipped on Monday as mining stocks took a hit from data showing Chinese economic growth slowing, while drugmaker Shire dipped on a setback in the United States for a dry eye treatment.
Janet McGurty looks at how prices are impacting refiners and oil producers in the Rockies region of the US in this week’s Oilgram News column, Petrodollars.
Oct 19 (Reuters) - An innovative, government-sponsored program aimed at funding energy-saving home improvements has drawn praise from powerful supporters, including President Obama.
(Mon, 19 Oct 2015) Indonesia ranked third in the world in both geothermal electricity production and geothermal generating capacity in 2014, behind only the United States and the Philippines. The country is located at the convergence of several tectonic plates in Southeast Asia, giving it significant geothermal potential, although most of its potential reserves remain unexplored.
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