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Gulf Arab leaders to meet next week ahead of Obama summit - KUNA

KUWAIT, April 28 (Reuters) - Gulf Arab leaders will meet in Saudi Arabia next week to prepare for a May summit with U.S.

Japanese government wants nuclear to be 20-22 pct of power mix

TOKYO, April 28 (Reuters) - Japan should aim to make nuclear energy account for between 20 and 22 percent of the country's electricity mix by 2030, with renewable energy making up slightly more, the industry ministry said on Tuesday.

UPDATE 1-Templeton fund ends reign in Asia as top picks falter

(Adds asset allocation of fund in fourth paragraph and clarifies that allocations refer to the equity portion in paragraphs 3 and 5) GRAPHIC: Returns and assets: http://link.reuters.com/tad64w By Muralikumar Anantharaman SINGAPORE, April 28 (Reuters) - Templeton Asian Growth fund, managed by star stock picker Mark Mobius, ended its six-year reign as the biggest equity fund in Asia ex-Japan after suffering a second straight quarter of investor withd

UPDATE 2-BP profit bests forecasts as refining offsets oil price slide

* Dividends maintained (Recasts, adds details, share price)

Russia's Novatek extends gas contract with Mosenergo by four yrs

MOSCOW, April 28 (Reuters) - Novatek, Russia's second-biggest gas producer, said on Tuesday it had extended its gas supply contract with Gazprom-owned utility firm Mosenergo to the end of 2019.

Australia keeps $60/t iron ore f'cst despite price jump

SYDNEY, April 28 (Reuters) - Australia on Tuesday downplayed the chances of a strong recovery in iron ore prices, sticking with an earlier forecast of $60 for 2015 despite a 25 percent recovery in the market price this month.

UPDATE 1-Growing output, strong refining help Total contain first-quarter profit drop

* Books charge on Libya, Yemen assets (Adds details, shares)

COLUMN-Who's worse off than iron ore miners? Coking coal miners: Russell

LAUNCESTON, Australia, April 28 (Reuters) - China's import volumes of iron ore and coking coal are looking increasingly disconnected despite the price of both steel-making ingredients tumbling.

UPDATE 1-Oil falls more than 1 pct, US crude stockpiles set for another high

* US crude inventory may have marked new high last week -survey

Year in Review: Crude Oil Prices 2014

(Tue, 28 Apr 2015) This report gives an overview of the primary drivers of crude oil price movements in 2014, in particular the substantial price decline that took place during the second half of the year. Factors such as increased global supply of crude oil, lower crude oil supply disruptions, lower economic growth expectations, and currency exchange rate movements are explored in the report.

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