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Energy

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Oil prices edge up on tighter supplies, healthy demand

* US oil output soars on surging shale: http://tmsnrt.rs/2DrO0Rm

8:43pm EST

Iranian oil tanker wreck produces 2 slicks in East China Sea - China

BEIJING, Jan 17 An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square kms (42 square miles), the Chinese government said late on Tuesday, as maritime police scour the area for damage.

Financials, Industrials, 8:42pm EST

RPT-COLUMN-Hedge fund bulls have left oil market looking very stretched: Kemp

LONDON, Jan 16 Hedge funds and other money managers have boosted their bullish position in oil to a new record, but with crude taking over from fuels as the main target of fresh buying.

Materials drag Australian shares to 4-week low; NZ climbs

* Soft commodity prices weigh down material and energy sectors

Britain must urgently bridge policy gaps to meet emissions target –advisers

LONDON, Jan 17 Britain must urgently lay out further policies to meet its domestic emissions targets, the government's climate advisers said on Wednesday.

Utilities 7:01pm EST
Energy
Exxon Mobil Corp $86.97 -0.63%
Chevron Corp $132.01 -1.19%
Schlumberger NV $77.17 -1.03%

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