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Kenya oil product imports likely to hit record, offset tepid Asia demand

SINGAPORE, May 12 (Reuters) - Kenya is set to import record volumes of oil products in May as its economy gathers steam, soaking up some of Asia's excess supply and helping put a floor under refining margins.

ExxonMobil ramps up production at new Indonesian oilfield

SINGAPORE, May 12 (Reuters) - ExxonMobil has begun ramping up production at a new Indonesian oilfield, targeting peak output later this year of more than 200,000 barrels per day (bpd) that will add to an already oversupplied crude market.

European producers under pressure on softer aluminum 'all-in' price

The 'all-in' price has fallen on the back of lower global premia, while the LME aluminum cash price has largely remained unchanged.

New supply patterns and additional disruptions push California gasoline prices higher

(Tue, 12 May 2015) Supply disruptions in the tightly balanced and relatively isolated California gasoline market have increased wholesale and retail gasoline prices over the past several weeks. This comes after markets had adjusted to compensate for lost production following the February explosion and fire at ExxonMobil's refinery in Torrance, California.

Australia shares firmer as banks make tentative comeback, Qantas soars

SYDNEY/WELLINGTON, May 12 (Reuters) - Australian shares rose on Tuesday with some of the major banks showing signs of life after a recent drubbing, while Qantas climbed to seven-year highs after issuing an upbeat outlook.

UPDATE 1-Oil prices dip on oversupply, worries over Greece

* OPEC to publish monthly report on Tuesday (Adds comment, updates prices)

Tesla to modify electric vehicles for China to meet new charging standard

BEIJING, May 12 (Reuters) - Tesla Motors Inc said it will modify new electric vehicles it produces for China to fit the national charging standard in the world's biggest automobile market once that standard has been set.

Oil prices dip on cautious euro zone sentiment, strong dollar

SINGAPORE, May 12 (Reuters) - Oil prices eased on Tuesday as the market remained oversupplied and as the dollar gained on fears Greece could exit the euro zone.

UPDATE 1-France's Total to explore for oil off Cuba -state TV

HAVANA, May 11 (Reuters) - French oil major Total signed an agreement on Monday to explore for offshore oil with Cuban state oil monopoly CubaPetroleo (Cupet) in a deal reached during a visit to the Communist-run country by French President Francois Hollande.

France's Total to explore for oil off Cuba -state TV

HAVANA, May 11 (Reuters) - French oil major Total signed an agreement on Monday to explore for offshore oil with Cuban state oil monopoly CubaPetroleo (Cupet), Cuban state-run television reported without giving further details.

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