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UPDATE 2-Glencore to sell copper mines in Australia, Chile

* Graphic of assets map: http://link.reuters.com/vej75w (Adds more details, analyst comment, shares)

Digging Deeper, Why Renewables are Beating Coal and Gas in Some Parts of the World

Earlier this month Bloomberg New Energy Finance (BNEF) announced findings that the LCOE for wind and solar is now cheaper than coal and gas in Europe. Further the organization said that it is actually the renewables that are pushing up the LCOE of gas and coal. Because the BNEF analysis is so deep and complex — it uses thousands of data points the company says — the press release that it issued was hard to understand.

BUZZ-Glencore: plans to sell copper mines in Australia, Chile

** Metals trader and miner Glencore up more than 3 pct & top gainer on slightly-negative FTSE 100 index

Australia's Santos to cull 200 jobs, aiming for $73m savings

MELBOURNE, Oct 12 (Reuters) - Australian oil and gas producer Santos Ltd said on Monday it would cut around 200 jobs, or 6 percent of its staff, as it looks for A$100 million ($73 million) in additional savings to ride out weak oil prices.

Search for solutions to modernize gold trading gets kicked into high gear

Little agreement has been made, but one thing is apparent: central clearing is a logical step forward, says Ben Kilbey.

U.S. shale firms snap up $50 oil hedges, risking rally reversal

NEW YORK, Oct 12 (Reuters) - Welcome to the oil market's new vicious cycle.

UPDATE 1-Glencore flags sale of some Australia, Chile assets

Glencore flags sale of some Australia, Chile assets

MELBOURNE, Oct 12 (Reuters) - Glencore Plc said on Monday it would make an announcement on the proposed sale of some assets in Australia and Chile, as it sought a trading halt for its Hong Kong-listed shares.

El Nino curbs Australian cyclone threat to iron ore, coal miners

SYDNEY, Oct 12 (Reuters) - Australian exports of commodities such as iron ore and coal face a less-than-average chance of being disrupted by cyclones in the upcoming cyclone season due to the El Nino weather pattern.

Average U.S. gasoline price barely moves in two weeks -Lundberg

Oct 11 (Reuters) - The average price of gasoline in the United States fell half a cent in the past two weeks as crude oil prices rose, allowing refiners and retailers to stop cutting prices, according to a Lundberg survey released on Sunday.

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