Energy Update

* Analysts expect further price falls (Adds comment, updates prices)

The US and Canada aren't slowing oil production, as many predicted when it appeared oil prices were settling into a lower pattern for an extended time period.

(Mon, 08 Jun 2015) In an effort to better present crude oil storage capacity and use across the United States, EIA has prepared new tables as part of the semiannual Working and Net Available Shell Storage Capacity Report. The new series show crude oil stocks held at refineries crude oil in tanks and underground storage in each Petroleum Administration for Defense District (PADD). Previously, this information was only available at the national level.

SEOUL, June 8 (Reuters) - South Korea has axed plans to build four coal-fired power plants and will boost its nuclear reactor fleet by two more units, as it looks to increase the share of nuclear and gas in power generation and cut reliance on coal.