Energy Update

WASHINGTON, June 8 (Reuters) - Iraqi forces backed by U.S.-led coalition air strikes have opened supply lines into Baiji town and its nearby oil refinery, making progress at last against Islamic State rebels in a seesaw battle that has gone on for months, the Pentagon said on Monday.

SIDI RACHED, Algeria, June 8 (Reuters) - At Ahmed Bekhi's cereal farm outside Algiers, there are clear signs of Algeria's campaign to increase food production to help curb billions of dollars in imports and offset a sharp fall in world oil prices.

The US isn't a part of OPEC, but its shale oil boom were still on people's minds at the conference and summit.

By Damir Khalmetov and Anna Bondarenko MOSCOW, June 8 (Reuters) - Russian companies, spurred by healthy profits, have sharply raised sales of vital motor fuel to Ukraine this year, while at the same time also supplying the area of the country held by pro-Moscow separatists. Liquefied Petroleum Gas (LPG) use in Ukraine as a much cheaper alternative to gasoline rose 17 percent in 2014 from the previous year.