Energy Update
SYDNEY, April 14 (Reuters) - Australian shares fell 0.2 percent on Tuesday as investors backed away from testing 6,000 points on the benchmark index, selling mining stocks like BHP Billiton and Rio Tinto amid a slump in iron ore prices.
SYDNEY, April 14 (Reuters) - Australia's Atlas Iron Ltd on Tuesday said it was holding "positive" discussions with unsecured creditors and was not at risk of defaulting after deciding to cease mining due to low iron ore prices.
The historic meeting Saturday between President Barack Obama and Cuban President Raul Castro during the Summit of the Americas in Panama may be a strong signal that over 50 years of trade restrictions will soon be eased, but don’t expect US oil and gas operators on or offshore the island nation anytime soon.
(Tue, 14 Apr 2015) At 1:00 p.m. Eastern Time, EIA will release the Annual Energy Outlook 2015 (AEO2015), which presents long-term projections of energy supply, demand, and prices through 2040. The analysis in AEO2015 focuses on six cases: Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource.
(Tue, 14 Apr 2015) The U.S.
NEW YORK, April 14 (Reuters) - Oil investors who amassed a $6 billion long position in exchange traded funds, occupying as much as a third of the U.S. futures market, are now racing for the exit at a near record pace.
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