Energy Update
Oct 9 (Reuters) - U.S. energy firms cut oil rigs for a sixth week in a row this week, the longest streak of weekly declines since June, data showed on Friday, a sign low prices continued to keep drillers away from the well pad.
NEW YORK, Oct 9 (Reuters) - Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.
MOSCOW, Oct 9 (Reuters) - Russia's top natural gas producer Gazprom said on Friday it has reached an agreement with Kiev on the prepayment of gas purchases and will resume supplies to Ukraine on Oct.
WASHINGTON, Oct 9 (Reuters) - A fiery oil train derailment that forced the evacuation of hundreds of people in West Virginia last February was caused by a rail defect that railroad inspectors from CSX Corp missed twice in the preceding months, U.S. regulators said on Friday.
WASHINGTON, Oct 9 (Reuters) - U.S. regulators on Friday said a February oil train derailment in Mount Carbon, West Virginia, was caused by a rail defect that CSX Corp and its contractor missed during at least two inspections conducted months before the accident. (Reporting by David Morgan; Editing by Chizu Nomiyama)
Green Charge Networks, the largest provider of commercial energy storage in the U.S., said it has entered the California Independent System Operator (CAISO) market.
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