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Romania's ruling party backs PM at executive meeting-sources

BUCHAREST, Sept 21 (Reuters) - Romania's ruling Social Democrat party (PSD) threw its backing behind Prime Minister Victor Ponta at a meeting of its executive committee on Monday, two sources who attended the meeting told Reuters.

Without power, Zambians grapple with toughest of times

COLUMN-Hedge funds no longer sure oil prices will fall further: Kemp

LONDON, Sept 21 (Reuters) - Hedge funds continued to pare short positions in U.S. crude oil last week even as the previous short-covering rally ran out of steam.

BMA coals dominate prime hard category

In the premium category, BMA coals were the most ubiquitous this year, accounting for two-thirds of all Asian spot trades observed.

Fossil fuel subsidies down; 'ample scope' for more cuts - OECD

OSLO, Sept 21 (Reuters) - Major nations seem to be reducing fossil fuel subsidies but still have "ample scope" for deeper cuts in recent support of up to $200 billion a year, the Organisation for Economic Cooperation and Development (OECD) said on Monday.

MIDEAST STOCKS-Gulf markets quiet ahead of Eid holiday

DUBAI, Sept 21 (Reuters) - Gulf stock markets were little changed in thin early trade on Monday as investors prepared for an extended Eid al-Adha holiday break.

COLUMN-Is it time to go for growth in metals and mining?: Clyde Russell

LAUNCESTON, Australia, Sept 21 (Reuters) - - If one was to compile a list of the biggest risk to metals and mining companies right now, it's unlikely that planning and executing a renewed growth strategy would the top issue.

UPDATE 2-Oil prices rise as U.S. drilling declines

* U.S. output to fall by 255,000 bpd between Q2-Q4 2015 - Goldman

Producers breathe new life into Alaska’s Prudhoe Bay: At the Wellhead

Over the years Prudhoe has become a kind of laboratory for new technologies, mainly because the field is big enough and the returns great enough, says Tim Bradner.

U.S. propane inventories are at an all-time high

(Mon, 21 Sep 2015) U.S. inventories of propane and propylene reached 97.7 million barrels as of September 11, the highest level in the 22 years that EIA has collected weekly propane inventory statistics. In the first six months of 2015, U.S. propane and propylene inventories were 29.9 million barrels higher on average compared to the same period in 2014. In the past year, nearly all of the increase in inventories occurred in the Gulf Coast region (PADD3).

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