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Expect US oil output to slump? Better not overlook vertical wells

HOUSTON, Sept 16 (Reuters) - Easy money, super-sized frack jobs, and desperate drillers offering deep discounts to oil producers - all three have been credited for sustaining U.S. crude output during the worst price slump in six years.

UPDATE 1-Glencore raises $2.5 billion in share placement

Sept 16 (Reuters) - Mining and trading group Glencore said on Wednesday it has raised $2.5 billion through a share placement as part of its plans to cut debt built up through years of rapid expansion.

Glencore raises $2.5 billion in share placement

Sept 16 (Reuters) - Mining and trading group Glencore said on Wednesday it has raised $2.5 billion through a share placement as part of its plans to cut debt.

Turkish police detain executives in Gulen-linked operation - media

ISTANBUL, Sept 16 (Reuters) - Police detained 11 people in central Turkey, including executives of a conglomerate and university officials, in an operation targeting supporters of a U.S.-based cleric accused by President Tayyip Erdogan of plotting a coup, CNN Turk television said on Wednesday.

RPT-Indebted emerging world about to count cost of Fed rate rise

LONDON, Sept 15 (Reuters) - Sometime this year, possibly even this week, the U.S. Federal Reserve will add billions of dollars to the annual cost of borrowing.

Recent statistical revisions suggest higher historical coal consumption in China

(Wed, 16 Sep 2015) New preliminary data from the China Statistical Abstract 2015 show an upward revision to China's historical coal consumption and production. Energy-content-based coal consumption from 2000 to 2013 is up to 14% higher than previously reported, while coal production is up to 7% higher.

UPDATE 2-U.S. oil extends gains on stock-draw, Brent lags with Asian economies

* U.S. oil discount to Brent narrows nearly two-thirds from Aug

UPDATE 1-Venezuelan leader says to travel to push for OPEC, non-OPEC meeting

CARACAS, Sept 15 (Reuters) - Venezuelan President Nicolas Maduro said on Tuesday he would travel shortly to seek support for his push for a summit between OPEC and non-OPEC producers on lower oil prices.

Venezuela was saved from a 'Pinochet,' leader says after opponent jailed

CARACAS, Sept 15 (Reuters) - Venezuela has been spared a Pinochet-like figure, president Nicolas Maduro said on Tuesday, in an apparent defense of a near 14-year jail sentence handed to opposition leader Leopoldo Lopez after deadly protests last year.

China state planner says will launch more regional pilot power reforms

BEIJING, Sept 16 (Reuters) - China is planning to extend its pilot power price reforms to more regions in the future, the vice-head of the country's state planning agency said on Wednesday, part of its efforts to make its huge electricity sector more responsive to the market.

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