Commodities Trading

METALS-Copper dips after China data (at Reuters)

* Concerns of overheating in Chinese economy weigh * Metal price volatility seen due to economic uncertainty * Falling stocks and rising cancelled warrants cap losses Full story

Europe Markets: European markets fall as mining stocks pressure (at MarketWatch)

European shares edge lower on Thursday, with losses for metal and mining firms pulling shares off almost three-month highs. Full story

Oil slips while sugar steadies (at Financial Times)

Crude oil prices maintained a hold above the $82 a barrel level on Thursday while base metals dipped and the sugar market managed a partial rebound after a sharp fall earlier this week. Full story

BP in talks to buy Devon assets for $6bn (at Financial Times)

BP is set to enter the deep waters off the coast of Brazil, one of the world s most exciting areas for oil exploration, with a $6bn deal to buy international oil and gas assets from Devon Energy. Full story

Futures Movers: Crude oil ends up after supplies, China data (at MarketWatch)

Crude-oil futures rise to finish above $82 a barrel, lifted by better-than-expected U.S. supplies data, a strong economic report from China and forecasts of higher global demand. Full story

NYMEX-Crude ends up in late surge, products support (at Reuters)

Full story

CERAWEEK-U.S. oil industry braces for carbon rules (at Reuters)

* Pressure rises for oil industry to weigh CO2 emissions * Chevron, ConocoPhillips factor CO2 into planning By Bruce Nichols Full story

Oil turns lower after failing to breach 2010 highs (at MarketWatch)

Crude oil futures turned lower on Wednesday, after a move towards crude s highest level of 2010 failed to hold in light of a continued weak picture for U.S. demand. Crude oil for April delivery was last down 32 cents, or 0.4%, at $81.17 a barrel in electronic trade. Full story

Futures Movers: Oil futures lower after failing to breach highs (at MarketWatch)

Crude-oil futures lose ground as a continued weak picture for U.S. demand weighs. Full story

Cuba s sugar industry hit by low productivity (AP)

Production at Cuba s sugar plants has been hit hard this year by inefficiency, a spate of breakdowns and other technical problems, state-media reported Wednesday, adding to sobering news for the Communist-run island s crisis-addled economy. Full story
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