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India attracts spot LNG cargoes as demand from Northeast Asian buyers slumps

LNG sellers have been forced to look for alternative markets for spot cargoes, and the focus is shifting outside traditional Asian markets.

COLUMN-U.S. set to get more accurate oil production data: Kemp

LONDON, May 13 (Reuters) - Figures on U.S.

Yemen truce broadly holds, but reports of violations

CAIRO, May 13 (Reuters) - A five-day humanitarian truce in Yemen appeared to be broadly holding on Wednesday, despite reports of some air strikes overnight by Saudi-led forces and continued actions by the country's dominant Houthi group in the east.

UPDATE 3-Oil extends gains after U.S. stockpiles drop for second week

* Coming up: EIA oil inventory data at 1430 GMT (Updates throughout, changes dateline, previous SINGAPORE)

BHP, Rio Tinto face political heat in Australia over strategies

SYDNEY, May 13 (Reuters) - BHP Billiton and Rio Tinto face mounting political pressure in Australia over taxes and flooding the global iron ore market while the price of the steel-making commodity plummeted.

UPDATE 1-Seattle activist tries to block Shell's fuel-transfer station

SEATTLE, May 12 (Reuters) - An activist perched herself on a 15-foot tripod to try to block the entrance of a Royal Dutch Shell fuel-transfer station on Tuesday, in a harbinger of expected protests over the company's plan to store Arctic drilling rigs in Seattle.

Iraqi refinery may be destroyed in battle to save it

BAGHDAD, May 13 (Reuters) - Islamic State militants have dug trenches around natural gas and hydrogen tanks at Iraq's largest refinery, raising the stakes in a battle where the price of victory may be the refinery itself.

UPDATE 1-Russia says current oil price in line with forecast

MOSCOW, May 13 (Reuters) - Russia is consulting with OPEC before a meeting of the oil producers' group in June and the current oil price is within range of Moscow's earlier forecasts, a Russian energy ministry official said on Wednesday.

Russia says current oil price in line with forecast

MOSCOW, May 13 (Reuters) - Russia is continuing its consultations with OPEC before a meeting of the oil producers' group in June and sees the current oil price within the range of Moscow's earlier forecasts, a Russian energy ministry official said on Wednesday.

UPDATE 1-India approves share sales in IOC, NTPC as part of asset divestment

NEW DELHI, May 13 (Reuters) - India's government has approved the sale of shares in state-run oil refiner Indian Oil Corp and power producer NTPC as part of its plan to raise $11 billion from asset sales this financial year.

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