SEOUL Oct 19 U.S. crude futures held above $92
a barrel on Friday after a pipeline carrying Canadian crude oil
to the United States was shut for three days, adding to supply
worries heightened by tensions in the oil-producing Gulf
* U.S. November crude gained 1 cents at $92.11 a
barrel as of 0010 GMT, after it settled down 2 cents at $92.10 a
barrel on Thursday.
* Brent December crude rose 20 cents at $112.62 a
barrel. It settled down 80 cents at $112.42 a barrel previously.
* TransCanada Corp has shut down its major pipeline
with the capacity to transport a quarter of Canada's crude oil
exports to the United States after detecting a "small anomaly"
on the pipe, the country's largest pipeline company said on
* North Sea Forties loadings have been disrupted by delays
in the restart of Nexen's Buzzard field. Nexen said
start-up preparations were underway and production was due by
* Goldman Sachs, one of the biggest banks in
commodity trading, has called an end to the oil price
super-cycle, reversing years of bullish recommendations, citing
a rise in unconventional oil supplies in the United States and
Canada. Goldman Sachs cut its 2013 Brent forecast to $110 a
barrel from $130.
* The number of Americans filing new claims for jobless
benefits spiked last week, reversing a sharp decline in the
prior week but still pointing to a labor market that is slowly
Other data on Thursday showed factory activity increased in
the U.S. mid-Atlantic region during October, although not enough
to suggest an end to broader weakness in U.S. factory output.
* European Union leaders struck a compromise on a roadmap to
establish a single bank supervisor for the euro zone after
Germany and France papered over differences on priorities for
overcoming the bloc's debt crisis.
* Tensions in the oil-producing Middle East remain high.
Iran is believed to be further increasing its uranium enrichment
capacity at its Fordow plant buried deep underground, Western
diplomats say, in another sign of Tehran defying international
demands to curb its disputed nuclear programme.
* The international mediator on Syria will go to Damascus in
the next few days to try to broker a brief ceasefire in the war
between President Bashar al-Assad's government and rebels during
the Islamic Eid al-Adha festival.
* U.S. stocks fell on Thursday, with technology stocks hit
hard after Google's surprisingly weak earnings disappointed
investors. The Dow Jones industrial average closed down
8.06 points at 13,548.94. The Standard & Poor's 500 Index
shed 3.57 points to 1,457.34.
* Japan's benchmark Nikkei average opened down 0.43
percent at 8,944.03 on Friday, while the broader Topix
shed 0.44 percent to 749.01.
* The yen plumbed five-month lows on the euro and a
two-month trough on the dollar on Friday as investors grew
confident the Bank of Japan would ease further next week, making
the yen more attractive as a funding currency for carry trades.
The dollar index bounced off a one-month low against
a basket of major currencies as the euro backtracked to $1.3072
, from Thursday's high around $1.3129.
* The following data is expected on Friday (GMT):
0200 China Foreign direct investment Sep
0600 Germany Producer prices Sep
0800 Euro zone Current account Aug
1400 U.S. Existing home sales Sep
1930 U.S. CFTC commitment of traders data
(Reporting by Meeyoung Cho; Editing by Ed Davies)