Energy Update
Sept 25 (Reuters) - U.S. energy firms cut oil rigs for a fourth week in a row this week, data showed on Friday, a sign the continued weak prices were causing energy firms to reduce drilling plans.
LONDON, Sept 25 (Reuters) - Investors in smaller mining companies are likely to suffer further losses as the recent plunge in commodities prices to multi-year lows pushes some firms to the brink of extinction.
In Peru, homopolymer-grade and co-polymer import assessments were stable week on week at $1,170-$1,180/mt CFR basis and $1,215-$1,225/mt CFR basis as trading levels were heard stable week on week, sources said.
In Brazil, the high-density polyethylene import assessments remained stable week on week, as multiple participants said prices from Asia and the US were talked stable.
NEW YORK, Sept 24 (Reuters) - JPMorgan Chase & Co reaped a $150 million dividend from its metals storage business Henry Bath & Son before selling its physical commodities business last October, as the firm reported its first loss in over a decade, a filing on Thursday showed.
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