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Russia's Lukoil CEO says not ready to reduce oil output - RIA

MOSCOW, Sept 30 Lukoil, Russia's second biggest oil producer, is not ready to reduce its oil output but will join oil market stabilisation measures if Russia joins them, RIA news agency quoted Lukoil Chief Executive Vagit Alekperov as saying.

1:42am EDT

UPDATE 1-Oil prices down on profit-taking after two-day jump

* US investors more confident in OPEC deal than Asia -invest chief

12:37am EDT

China's coal stocks at power plants rise by 10 pct in Sept - govt

BEIJING, Sept 30 Coal inventories at China's key power plants have increased by 10 percent this month, the government said on Friday, amid growing concerns about soaring prices and dwindling supplies due to government-enforced mine closures.

Basic Materials, 12:16am EDT

Venezuela expects non-OPEC nations like Russia to join in output cuts

CARACAS, Sept 29 Venezuelan President Nicolas Maduro said on Thursday he expects non-OPEC oil-producing countries, like Russia, to support OPEC's efforts to boost oil prices by reducing crude output.

Sep 29 2016
Energy
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