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Oil and Gas Refining

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  • *Asian ex- Japan shares steady, Nikkei falls 0.5 pct. China's CSI300 stock index shed 1.1 percent, hitting a five-week low, while shares of Hong Kong- listed Chinese companies sagged 0.9 percent. "Liquidity is an issue," said Jackson Wong, Tanrich Securities vice-president for equity sales in Hong Kong.

  • SINGAPORE Dec 20- U.S. oil futures lost ground on Friday as investors took profits following gains the session before, when refinery strikes in France boosted European demand for distillate imports. *U.S. crude for February delivery had dropped 34 cents to $98.70 a barrel by 0036 GMT, down from Thursday's close of $99.04 a barrel.

  • Gold tumbled to a near six-month low, extending months of weakness after the U.S. central bank finally scaled back its stimulus that has pushed the precious metal to record territory in recent years. Gold is on track for its worst yearly decline since 1981..

  • NEW YORK, Dec 19- U.S. crude oil futures rose 1 percent on Thursday spurred by U.S. refinery oil demand to meet robust distillate exports and as traders bought contracts to cover short positions.

  • Oil prices faced some headwinds early in the session after the dollar rallied hard on the Federal Reserve's decision to reduce its bond buying, but had pushed ahead by the time New York traders arrived at their desks. Brent crude was up 66 cents to $110.29 a barrel by 11:09 a.m. EST, after ending $1.19 higher on Wednesday.

  • LONDON, Dec 19- Brent crude oil futures were up near $110 a barrel on Thursday as the market shrugged off a decision by the U.S. Brent crude was up 53 cents to $110.16 a barrel by 1319 GMT, after ending $1.19 higher on Wednesday. U.S. oil futures rose 7 cents to $97.87, after finishing 58 cents up.

  • NEW DELHI, Dec 19- India has added Italy's ENI to a list of foreign firms that can sell crude oil at official prices to state refiners, sources said, in the first such revision to the list since 2001..

  • LONDON, Dec 19- Brent crude oil futures held steady at over $109 a barrel on Thursday as the market shrugged off a move by the U.S. Brent crude was down 17 cents to $109.46 a barrel by 0922 GMT, after ending $1.19 higher on Wednesday. U.S. oil fell 3 cents to $97.77, after ending 58 cents up.

  • *South Sudan army says loses town as fighting spreads. SINGAPORE, Dec 19- Brent futures slipped towards $109 a barrel on Thursday after the U.S. Brent crude slipped 23 cents to $109.40 a barrel by 0535 GMT, after settling $1.19 higher overnight.

  • NEW YORK, Dec 18- Brent crude oil futures shrugged off the U.S. The central bank said it would reduce its monthly asset purchases by $10 billion to total $75 billion. "The Fed is indicating that their data is showing a strong enough economy that they're pulling back 1/ 8 monetary stimulus 3/ 8," said John Kilduff, a partner with Again Capital LLC in New York.

  • UPDATE 6-Brent rises ahead of Fed decision; spread widens Wednesday, 18 Dec 2013 | 12:45 PM ET

    NEW YORK, Dec 18- Brent oil futures rose in light trading on Wednesday, widening its premium to U.S. crude as investors appeared reluctant to lock in positions ahead of a U.S.

  • LONDON, Dec 18- Brent oil futures slipped toward $108 a barrel on Wednesday with investors reluctant to lock in positions ahead of a U.S. Brent crude fell 31 cents to $108.13 by 1015 GMT, after settling nearly $1 lower on Tuesday. U.S. oil fell 11 cents to $97.11, after ending 26 cents lower.

  • BEIJING, Dec 18- PetroChina's $6 billion refinery and petrochemical complex in southwest China will be ready for trial production in weeks, two company officials said, more than a year later than originally touted due to repeated delays.

  • SINGAPORE, Dec 18- Brent futures held steady above $108 a barrel on Wednesday after sliding the previous day, with investors reluctant to lock in positions ahead of a U.S. Brent crude fell 1 cent to $108.43 a barrel by 0549 GMT, after settling nearly $1 lower. U.S. oil rose 14 cents to $97.36, after ending 26 cents lower.

  • CALGARY, Alberta, Dec 17- TransCanada Corp expects its new 700,000- barrel-per-day Gulf Coast oil pipeline to begin service on Jan. 22, Chief Executive Russ Girling said in an interview on Tuesday.

  • *TransCanada's Gulf pipeline expected in service on Jan. 22. NEW YORK, Dec 17- Brent oil fell by more than $1 on Tuesday and U.S. oil reversed an early rise, pressured by the specter of the U.S. The spread between the two benchmarks narrowed by nearly $2.50 from the previous session's settlement.

  • CALGARY, Alberta, Dec 17- TransCanada Corp expects its new 700,000- barrel-per-day Gulf Coast oil pipeline to begin service on Jan. 22, Chief Executive Russ Girling said in an interview on Tuesday.

  • *Coming up: API U.S. oil inventory report at 4:30 p.m. EST. NEW YORK, Dec 17- Brent crude oil fell on Tuesday pressured by the specter of the U.S. "People seeing the taper ending is giving a little bit of bearish sentiment to the market," said Michael Lynch, oil analyst and president of consultancy Strategic Energy& Economic Research Inc in Winchester, Massachusetts.

  • *Speculation Fed may start to reduce $85 billion- a-month stimulus. LONDON, Dec 17- Brent crude oil slipped below $109 a barrel on Tuesday, ahead of a U.S. Brent futures for February traded 75 cents down at $108.66 by 1435 GMT.

  • *Speculation Fed may start to reduce $85 billion- a-month stimulus. LONDON, Dec 17- Brent crude oil slipped below $109 a barrel on Tuesday, ahead of a U.S. Brent futures for February traded 64 cents down at $108.77 by 1242 GMT, after settling $1.64 higher on Monday, its biggest daily gain in two weeks.

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