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| UPDATE1-U.S. gasoline to average $3.84/gal this year - EIA |
| WASHINGTON, July 8 (Reuters) - Gasoline prices will remain above $4 a gallon for the rest of the year, while oil prices will continued to be pressured by the tight market for crude, the U.S. Energy... |
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China Railway Construction Holds IPO (AP)
Shares in major contractor China Railway Construction had a lackluster debut in the Hong Kong stock market Thursday amid gloomy sentiment following an initial public offering that raised $5.4 billion.
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Indonesia to buy LPG from US company
Indonesia's oil and gas company Pertamina Inc. plans to buy 40,000 tons of liquefied petroleum gas(LPG) from US-based ConocoPhilips with US$32 million to secure its May supply, which has been disrupted by a glitch at its Balongan refinery in West Java