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Saudi Arabia invites Iraq's Abadi to visit in big sign of thaw

BAGHDAD/RIYADH, March 23 (Reuters) - Saudi Arabia's King Salman has invited Iraqi Prime Minister Haidar al-Abadi to visit the kingdom, Abadi's office said on Monday, in the biggest sign yet of improving ties between the countries after decades of tension.

Forget the next movie, now you can crowdfund Texas oil wells

HOUSTON, March 23 (Reuters) - Would be wildcatters and investors hoping to strike it rich in oil can now turn to crowdsourcing, a way to raise money more synonymous with aspiring filmmakers than roustabouts in West Texas.

Crude oil storage at Cushing, but not storage capacity utilization rate, at record level

(Mon, 23 Mar 2015) After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million barrels on March 13, according to EIA's Weekly Petroleum Status Report. This volume is the highest on record, but not the highest percent of storage utilization, as working storage capacity at Cushing has also increased over time.

Electric Power Annual 2013

(Mon, 23 Mar 2015) The Electric Power Annual presents 11 years (2003 - 2013) of national-level data on electricity generating capacity, electricity generation and useful thermal output, fuel receipts, consumption, and emissions.

Australia shares slip as investors take profits below 6,000 level

* Follows gains last week (Adds analysis, quotes, stocks on the move)

UPDATE 2-ChemChina to buy Italian tyre maker Pirelli in $7.7 bln deal

* Pirelli truck unit to be merged with ChemChina's AEOLUS (Adds statement)

UPDATE 1-UN warns Yemen conflict could become Iraq-Libya-Syria scenario

UNITED NATIONS, March 22 (Reuters) - The United Nations warned on Sunday that Yemen's conflict could become an "Iraq-Libya-Syria" scenario if either side pushes for control of the country, prompting the U.N. Security Council to threaten further measures if the hostilities do not end.

UPDATE 3-Houthis seize strategic Yemeni city, escalating power struggle

* U.N. mediator warns of "Iraq-Libya-Syria" scenario (Adds U.N. mediator, Security Council meeting, paragraphs 9-11)

U.S. gas prices fall 4 cents, ending weeks of increases -survey

NEW YORK, March 22 (Reuters) - The average price of regular grade gasoline fell 4 cents in the past two weeks, bringing it to $2.50 per gallon, according to the Lundberg survey released on Sunday.

UN says Libya talks extended despite clashes

SKHIRAT, Morocco, March 22 (Reuters) - Libyan peace talks in Morocco between two rival governments, expected to end on Sunday, will be extended for two more days despite clashes on the ground.

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