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Households with more vehicles travel more

(Thu, 16 Apr 2015) Based on data from the National Household Travel Survey, households with more vehicles not only travel more, but often put more miles on their most-used vehicle compared to households with fewer vehicles. Households with just one vehicle drove an average of 10,600 miles, while households with six or more vehicles traveled a total of 57,700 miles. Sixty-eight percent of households have either one or two cars

SE Asia Stocks-Most up on gains in energy shares; Philippines' Bloomberry gains

BANGKOK, April 16 (Reuters) - Southeast Asian stock markets mostly rose on Thursday as investors shifted their focus to energy shares after a rally in global oil prices, while Philippines' Bloomberry Resorts Corp jumped after a casino deal in South Korea. The Thai SET index was up 0.9 percent, led by a 6.4 percent surge in the country's biggest refiner, Thai Oil Pcl , and a 4.8 percent gain in its parent company, PTT Pcl . The index hit a high of 1,563.07, the highest since March 9.

UPDATE 1-Malaysia's Malakoff sets tight bookbuilding range in up to $750 mln IPO -sources

* Offers benchmark for planned $3 bln IPO of 1MBD power unit (Add details on listing, industry context)

Malaysia's Malakoff sets tight bookbuilding range in up to $750 mln IPO -sources

KUALA LUMPUR, April 16 (Reuters) - Malakoff Corporation Bhd , Malaysia's largest independent power firm, set a tight bookbuilding range for its initial public offering, two people with direct knowledge of the process said, with solid support from domestic cornerstone investors.

Oil prices close to 2015 highs but market remains oversupplied

* U.S. stocks rose slower than expected but still hit new record

Energy company eyes Washington state port for new project

SAN FRANCISCO, April 15 (Reuters) - Riverside Refining LLC is developing an energy infrastructure project for the Pacific Northwest and is considering Washington State's Port of Longview as a potential location for it, the company's CEO said on Wednesday.

UPDATE 1-Fortescue running in black despite iron ore plunge

* To hold at least $1.5 billion in cash this quarter (Adds quotes, details,)

WRAPUP 1-OPEC diplomacy up from Moscow to Caracas; action unlikely

MOSCOW/CARACAS, April 15 (Reuters) - Quiet diplomacy among the world's biggest oil producers has heated up this week, yet observers see few signs that renewed discussion among Russia, Saudi Arabia, Venezuela and others will lead to action on output.

U.S. Iran bill makes nuclear deal harder, but not impossible

* Iranian hard-liners may use bill as leverage for better deal

UPDATE 2-Iraq will seek $5 billion bond issue, other measures to relieve budget

WASHINGTON, April 15 (Reuters) - Iraq has decided to issue $5 billion in international bonds and is negotiating the terms, Iraqi Finance Minister Hoshyar Zebari said on Wednesday, one of several measures as it seeks to relieve the pressure of low oil prices on its finances.

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