Energy (Legacy)

Oil prices slip on weak Asian data, fading prospect of output cut

Oil prices slip on weak Asian data, fading prospect of output cut

Published 01/02/2016

SINGAPORE Oil prices fell on Monday after China and South Korea posted weak economic data, while fading prospects for a coordinated output cut by leading [more…]

Oil falls as rising inventories wipe out optimism over supply

Oil falls as rising inventories wipe out optimism over supply

Published 27/01/2016

LONDON Oil futures fell on Wednesday, after a surprise rise in U.S. inventories wiped out the optimism that had built up the day before over [more…]

Oil bounces on strong China demand data, but looming Iran exports still weigh on market

Oil bounces on strong China demand data, but looming Iran exports still weigh on market

Published 19/01/2016

SINGAPORE Oil prices rebounded on Tuesday, supported by strong Chinese fuel consumption and at least interrupting a slide to 2003 levels earlier in the week [more…]

Petronas to cut spending by $11.41 billion over four years: source

Petronas to cut spending by $11.41 billion over four years: source

Published 19/01/2016

KUALA LUMPUR Petroliam Nasional Bhd (Petronas) [PETR.UL] is planning to slash spending by as much as 50 billion ringgit ($11.41 billion) over the next four [more…]

Oil prices fall for sixth day as recovery hopes wane

Oil prices fall for sixth day as recovery hopes wane

Published 11/01/2016

LONDON Oil prices fell for a sixth session to trade at almost 12-year lows on Monday as concerns about China's economic slowdown, reflected in a [more…]

Back to school for children displaced by Los Angeles-area gas leak

Back to school for children displaced by Los Angeles-area gas leak

Published 11/01/2016

LOS ANGELES In the latest disruption from the biggest methane gas leak in California history, nearly 2,000 Los Angeles children returning to class this week [more…]

A rebranded Saab at the center of China’s green car push

A rebranded Saab at the center of China’s green car push

Published 07/01/2016

BEIJING The Swedish automaker once known as Saab has emerged as part of China's push to make electric vehicles a mass-market alternative to petrol cars, [more…]

Brent crude oil falls to 2004 low as market rout heads into Christmas

Brent crude oil falls to 2004 low as market rout heads into Christmas

Published 21/12/2015

SINGAPORE Brent crude fell to levels last seen in 2004 on Monday, dropping under the lows hit during the 2008 financial crisis on renewed worries [more…]

Russia surpasses Saudi Arabia for third time in China crude supply

Russia surpasses Saudi Arabia for third time in China crude supply

Published 21/12/2015

BEIJING Russia overtook Saudi Arabia for the third time this year in November as China's largest crude oil supplier, customs data showed on Monday, as [more…]

Reid saw chance to tick off wish list in budget oil deal

Reid saw chance to tick off wish list in budget oil deal

Published 21/12/2015

WASHINGTON Locked in budget talks in the twilight of his Senate career, Harry Reid saw an unexpected opening to bargain for his legislative wish list.

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