Energy

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Brent remains above $80 after China rate cuts, ahead of OPEC meeting

SINGAPORE, Nov 24 - Oil markets were steady in early Asian trading on Monday, with benchmark Brent crude prices remaining above $80 a barrel following a rally late on Friday over China's interest rate cut and ahead of a possible output reduction by producer group OPEC.

2:09am GMT

Australia shares end losing streak as China rate cut stokes resources

* Biggest gain since Oct. 22 (Adds analysis, quotes, stocks on the move)

1:56am GMT

UPDATE 1-BHP targets deeper cost cuts to combat commodities rout

* To build cash before returning capital to shareholders (Adds CEO comments)

Company Outlooks, M&A 23 Nov 2014

BHP targets deeper cost cuts to combat commodities rout

MELBOURNE, Nov 24 - BHP Billiton stepped up its cost-cutting plans on Monday as the world's biggest miner battles a sharp slide in iron ore, coal and oil prices.

Company Outlooks, M&A 23 Nov 2014

U.S. gasoline prices slide to a 4-year low -Lundberg survey

Nov 23 - The average price of a gallon of gasoline in the United States dropped 10 cents in the past two weeks, hitting a four-year low, according to the latest Lundberg survey released on Sunday.

23 Nov 2014
Energy
BP PLC 448.20p +1.55%
BG Group PLC 1,069.00p +2.20%
Ensco PLC $39.87 +1.87%

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