GLOBAL MARKETS: Debt worries keep euro under pressure; stocks dip
HONG KONG, June 13 (Reuters) - The euro stayed under pressure and Asian stocks weakened in early trades on Monday on renewed worries over the global economy and concern that protracted wrangling in the euro zone could delay a solution to Greece's debt crisis.
Despite Asian stocks outside Japan > dipping to a 2-1/2 month low, bargain-minded investors stayed on the sidelines due to a stream of bad news from the euro zone's festering debt crisis, the sputtering U.S. economy and signs of a slowdown in growth engines like China and India.
OIL: Oil falls on more Saudi crude, strong dollar
NEW YORK, June 10 (Reuters) - Oil prices fell on news Saudi Arabia was offering more oil to Asian customers, with additional pressure from a stronger dollar and weak equities.
"Saudi Arabia is offering oil even though OPEC didn't have an agreement on production," said Hamza Khan, analyst at the Schork Group in Villanova, Pennsylvania.
NATURAL GAS: Natgas ends up 2 pct, shorts cover ahead of weekend
NEW YORK, June 10 (Reuters) - Front-month U.S. natural gas futures ended higher , backed by short covering ahead of the weekend despite milder weather next week, particularly for the Northeast and Midwest, that should slow demand.
"The market rebounded a bit after yesterday's sell off, but there's still some above normal temps ahead," a southern-based commodity trading advisor said, noting heat was expected to remain in Texas and the South next week.
EURO COAL: Prices dip, Aug ARA trades at $124.25/T
LONDON, June 10 (Reuters) - Coal prices were 75 cents to $1.50 lower after a $3 fall in oil and amid a lack of demand for standard-grade coal, particularly in Europe.
"Swaps and physical aren't talking to one another. The question is how long can this disconnection continue before something gives?" one utility source said.
COMMODITIES: Down on demand worry, dollar; US oil below $100
NEW YORK, June 10 (Reuters) - Most commodities fell , with oil and copper hitting two-week lows on selling sparked by a strong dollar and worries about supply exceeding demand.
U.S. crude oil fell almost 3 percent to below $99 per barrel on news that Saudi Arabia was offering more oil to Asian customers. The market had rallied above $100 in two previous sessions after producers in OPEC failed to agree with a Saudi plan to hike production.
Malaysia, Indonesia imports to lift Asia LNG price
SINGAPORE, June 10 (Reuters) - Already strong Asian liquefied natural gas prices will get a further fillip as Indonesia and Malaysia, the world's second- and third-biggest exporters, turn to imports to feed local demand.
Indonesia is building LNG import terminals with capacity of nearly 10 million tonnes, while Malaysia expects to receive its first shipment in 2013. This about-turn is happening just as Japan cranks up gas-fired power plants to make up for lost nuclear generation.
China energy imports robust in May, but copper weak
SHANGHAI/BEIJING, June 10 (Reuters) - China showed robust demand for crude oil and coal in May, shrugging off higher prices to boost imports by more than 20 percent, but its appetite for overseas copper supplies remained sickly and iron ore buying showed signs of ending a strong run.
Economists are watching closely for signs of slowing economic growth in China, which would reduce demand for raw materials, as the government tightens the money supply to prevent inflation.
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