Distillates
Brent falls below $112 as Fed minutes, U.S. budget battles weigh
SINGAPORE, Jan 4 (Reuters) – Brent crude fell below $112 a
barrel on Friday as growing doubts within the U.S. Federal
Reserve about the side effects of its stimulus programme and the
prospect of more budget battles in Washington curbed investor
appetite for riskier assets.
UPDATE 3-Runaway Alaska oil rig dragged two tugs for miles
LONDON/ANCHORAGE, Alaska, Jan 2 (Reuters) – The runaway oil
rig that ran aground in Alaska on New Year’s Eve dragged two
vessels trying to control it more than 10 miles (16 kilometers)
toward shore in just over an hour before the crews cut it loose
to save themselves in “near hurricane” conditions.