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China heads for record crude buying year as cargoes snapped up

* Strong finish to year seen as "teapot" refiners fill quotas

Japan, Iran agree on investment pact after sanctions end

TOKYO, Oct 14 (Reuters) - Japan and Iran have reached agreement on an investment accord, which may give a boost to Japanese investments into the Islamic Republic once sanctions are lifted as early as next year, the countries' foreign ministers said in a statement.

China tries former public security official and Zhou ally for graft

BEIJING, Oct 14 (Reuters) - The bribery trial of another former senior official tied to ousted Chinese security tsar Zhou Yongkang opened on Wednesday, state media said, the latest in a string of graft trials and sentencings ahead of a key Communist Party meeting this month.

Natural gas pipelines under construction will move gas from Azerbaijan to southern Europe

(Wed, 14 Oct 2015) Construction or preliminary work has begun on three new pipelines designed to flow new supplies of natural gas from Azerbaijan to consumers in Turkey, Bulgaria, Greece, and Italy. For more than a decade, companies have been announcing proposals to build new natural gas pipelines to connect natural gas resources in Russia, Central Asia, and the Middle East with consumers in southern Europe.

UPDATE 1-Crude oil treads water as oversupply, China economy concerns persist

* OPEC invites some non-OPEC members for Oct 21 meeting (Adds more details and updates prices)

UPDATE 3-Venezuela says eight non-OPEC nations invited to Vienna meeting

CARACAS, Oct 13 (Reuters) - Venezuelan Oil Minister Eulogio del Pino said on Tuesday that eight non-OPEC countries have been invited to an Oct.

Nikkei falls on Wall Street weakness, China worries

TOKYO, Oct 14 (Reuters) - Japanese stocks fell in early Wednesday trade, weighed down by uncertainty over the prospects for China's slowing economy which had also sent Wall Street lower.

Australia shares hit by China growth worries, NZ resilient

SYDNEY, Oct 14 (Reuters) - Australian shares fell 0.5 percent on Wednesday, with losses across the board as fears of slowing global growth prompted selling of riskier assets.

Colombia raises budget 2.5 pct for 2016 to $74 billion

BOGOTA, Oct 13 (Reuters) - Colombia's Congress has approved a 215.9 trillion peso ($74.2 billion) budget for 2016, an increase of 2.5 percent but including a cut to investment that the finance minister characterized as belt-tightening.

US Gulf Coast 3% fuel oil price assessment change explained

In 1979, Platts began assessing US Gulf Coast No. 6, 3.0% fuel oil. After months of consultation and discussion, this widely traded benchmark grade will be re-launched, in January 2017, as "USGC HFSO." In this video, Richard Swann and Jamie McDuell outline the reasons behind the change in specifications to the assessment.

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