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HIGHLIGHTS-EU leaders meet in Brussels to discuss climate, budget, Brexit

BRUSSELS, Dec 12 European Union leaders are meeting in Brussels on Thursday and Friday for talk on climate, the EU's long-term budget, Brexit, the euro zone and Russia sanctions, among others.

1:16pm GMT

Asia Distillates-Gasoil crack eases; Singapore inventories fall

SINGAPORE, Dec 12 Asia's 10ppm gasoil profit margin eased to $14.10 a barrel on Thursday as oil prices rose. - Singapore onshore middle distillate stocks fell by 132,000 barrels to reach a four-week low of 10.7 million barrels in the week to Dec. 11, data from Enterprise Singapore showed. - But U.S. distillate stockpiles, which include diesel and heating oil, rose by 4.1 million barrels in the week to 123.6 million barrels, data from the Energy Information Administration

1:03pm GMT

UPDATE 4-Oil prices rise on OPEC deficit forecast

* Graphic on U.S. petroleum inventories: https://tmsnrt.rs/35DZduT (Updates prices, Adds Aramco, Norway oil production)

1:02pm GMT

RPT-COLUMN-Australia energy market operator turns Scrooge on coal lobby: Russell

LAUNCESTON, Australia, Dec 12 Australia, which vies with Indonesia for the title of the world's largest coal exporter, is planning for an electricity future where use of the polluting fuel dwindles and is rapidly replaced by renewable energy sources.

1:00pm GMT

Famine stalks millions in South Sudan after droughts, floods - U.N.

GENEVA, Dec 12 Famine threatens the lives of up to 5.5 million people in South Sudan, where droughts and flooding have destroyed crops and livestock, compounding "intense political instability", the United Nations warned on Thursday.

12:52pm GMT
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