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Brazil's Petrobras reduces diesel and gasoline prices at refineries

SAO PAULO, Jan 26 (Reuters) - Brazil's state-run oil company
Petroleo Brasileiro SA announced on Thursday it is reducing
diesel and gasoline prices at refineries, reflecting the fall in
international petroleum products prices and the appreciation of
the local currency against the dollar.

UPDATE 5-Brazil police seek former billionaire Batista in graft probe

* Lawyers say Batista abroad, will turn himself in

(Adds statements from Batista representatives, OSX, MMX)

UPDATE 8-Oil up 2 pct on stock market, but U.S. supply caps gains

* Dow holds above 20,000 at open; S&P, Nasdaq touch record
highs

U.S. judge approves Braskem $633 mln fine in record corruption case

NEW YORK, Jan 26 (Reuters) - A U.S. judge on Thursday
sentenced the Brazilian petrochemical company Braskem SA
to pay a $632.6 million criminal fine, in connection
with a corruption case that led to the largest foreign bribery
settlement in U.S. history.

UPDATE 1-Peabody defends disputed reorganization plan in bankruptcy court

ST. LOUIS, Jan 26 (Reuters) - Peabody Energy Corp
, the world's largest private-sector coal miner,
defended its bankruptcy exit plan in court on Thursday against
opponents including state regulators, shareholders,
environmental activists and even former executives.

Trump says meeting with Mexican president would have been 'fruitless'

PHILADELPHIA, Jan 26 (Reuters) - President Donald Trump said
on Thursday that his now-scrapped meeting with Mexican President
Enrique Pena Nieto would have been "fruitless" if Mexico will
not agree to treat America "with respect."

UPDATE 1-Nigeria court orders temporary transfer of Shell, Eni oilfield

ABUJA, Jan 26 (Reuters) - A Nigerian court has ordered the
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
show.

UPDATE 4-Baker Hughes says only higher oil prices will spur int'l spending

* Shares down 1 percent, Oil prices up about 2 pct

(Adds details)

Nigeria court orders temporary transfer of Shell, Eni oilfield

ABUJA, Jan 26 (Reuters) - A Nigerian court has ordered the
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
released on Thursday showed.

UPDATE 3-Caterpillar sees '17 profit below expectations as restructuring continues

CHICAGO, Jan 26 (Reuters) - Caterpillar Inc, the
world's largest construction and equipment maker, forecast 2017
profit sharply below analysts' estimates, hurt by sluggish
demand in the construction and energy industries.

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