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Mongolia pact with Rio Tinto raises hopes for investment revival

MELBOURNE, May 19 (Reuters) - Mongolia sparked hopes on Tuesday that financing will start to flow for a string of stalled mining projects after it ended a long-running dispute with Rio Tinto over the huge Oyu Tolgoi copper mine.

What is causing the Asian benzene price plunge?

Platts editors analyze the cause of falling benzene prices and the factors that could potentially lend it some support.

The dollar's impact on US polyethylene

The US dollar has fallen sharply over the past few months following an impressive push upward for nearly a year.

EIA launches redesigned International Energy Portal

(Tue, 19 May 2015) On May 18, EIA launched a beta version of a redesigned International Energy Portal designed to help users access international energy data and to provide new and expanded tools and capabilities to examine trends in global energy markets.

UPDATE 1-Marathon Galveston Bay refinery workers vote to continue strike

TEXAS CITY, Texas, May 18 (Reuters) - Hourly workers at Marathon Petroleum Corp's Galveston Bay, Texas, refinery voted on Monday to continue a strike, rejecting a contract proposal developed by a federal mediator aimed at ending a stoppage that has lasted three-and-a-half months.

UPDATE 1-BHP chief comes out swinging against Australian iron ore inquiry

SYDNEY, May 19 (Reuters) - A proposed Australian Senate inquiry into the economic impact of a slump in the price of iron ore could damage the country's economy and drive Asian customers to shift investment to Brazil, BHP Billiton CEO Andrew Mackenzie said on Tuesday.

Brent crude oil prices dip on weak Asian economies

* Asian economies failed to fully benefit from cheap oil - HSBC

BHP chief comes out swinging against Australian iron ore inquiry

SYDNEY, May 19 (Reuters) - A proposed Australian Senate inquiry into the economic impact of a slump in the price of iron ore could damage the country's economy and drive Asian customers to shift investment to Brazil, BHP Billiton CEO Andrew Mackenzie said on Tuesday.

Brazil's Petrobras output up 8.8 pct in April

SAO PAULO, May 18 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Monday that output in Brazil and abroad rose 8.8 percent in April from a year ago to 2.78 million barrels a day of oil and equivalent natural gas a day (boepd).

Soaring L.A. jet prices attract Asian imports

SAN FRANCISCO, May 18 (Reuters) - Wholesale jet fuel prices in the Los Angeles market remained high on Monday due to maintenance issues at refineries along the West Coast, prompting shipments from Korea and Japan that are expected to arrive in early June, traders said on Monday.

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