Energy (Legacy)

Saudi bond: take the money and run or see the terms and flee? – James Saft

Saudi bond: take the money and run or see the terms and flee? – James Saft

Published 24/10/2016

Clouds move over the Riyadh skyline November 17, 2013. REUTERS/Faisal Al Nasser

(The opinions expressed here are those of the author, a columnist for Reuters)

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Oil prices fall on rise in U.S. drilling, strong dollar

Oil prices fall on rise in U.S. drilling, strong dollar

Published 17/10/2016

A pumpjack drills for oil in the Monterey Shale, California, April 29, 2013. REUTERS/Lucy Nicholson

Oil prices fell early on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output which comes amid slowing global economic growth that could erode fuel demand.

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Germany says Tesla should not use `Autopilot` in advertising

Germany says Tesla should not use `Autopilot` in advertising

Published 17/10/2016

The Tesla Model S version 7.0 software update containing Autopilot features is demonstrated during a Tesla event in Palo Alto, California, U.S., October 14, 2015. REUTERS/Beck Diefenbach/File Photo

German Transport Minister Alexander Dobrindt has asked Tesla (TSLA.O) to stop advertising its electric vehicles as having an Autopilot function as this might suggest drivers' attention is not needed, his ministry said on Sunday.

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IEA says oil market may rebalance faster if OPEC sticks to target

IEA says oil market may rebalance faster if OPEC sticks to target

Published 11/10/2016

A person carrying an umbrella walks by the Ogranization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria October 4, 2016. REUTERS/Heinz-Peter Bader

Global oil supply could fall in line with demand more quickly if OPEC and Russia agree to a steep enough cut in production, but it is unclear how rapidly this might happen, the International Energy Agency said on Tuesday.

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IEA warns of risk to oil demand from record global debt

Published 11/10/2016

Record global debt levels pose a clear risk to oil demand, the International Energy Agency said on Tuesday, citing figures from the International Monetary Fund last week that showed the world is awash with a record $152 trillion in debt.

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Saudi`s Falih says non-OPEC countries willing to help balance oil market

Saudi`s Falih says non-OPEC countries willing to help balance oil market

Published 11/10/2016

Saudi Arabia's Energy Minister Khalid al-Falih talks during the 23rd World Energy Congress in Istanbul, Turkey, October 10, 2016. REUTERS/Murad Sezer

Saudi Arabia's Energy Minister Khalid al-Falih will not attend meetings on Wednesday between OPEC and non-OPEC countries in Istanbul but told Reuters he saw signs that countries outside OPEC were willing to contribute to balancing the oil market.

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Oil price falls back from one-year highs, hit by OPEC deal concerns

Oil price falls back from one-year highs, hit by OPEC deal concerns

Published 11/10/2016

A worker checks the valve of an oil pipe at an oil field owned by Russian state-owned oil producer Bashneft near the village of Nikolo-Berezovka, northwest of Ufa, Bashkortostan, Russia January 28, 2015. REUTERS/Sergei Karpukhin/File Photo

Oil fell back from one-year highs on Tuesday, knocked by concerns that a production cut by the world's largest exporters might not be enough to erode a two-year old global surplus of unwanted crude oil.

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Oil prices fall on high production despite planned OPEC output cut

Oil prices fall on high production despite planned OPEC output cut

Published 03/10/2016

A Texaco service station displays the price of petrol and diesel close to the financial centre of London January 30, 2016. REUTERS/Paul Hackett

Oil prices fell away from $50 per barrel on Monday despite an agreement last week by exporters to cut output, with traders doubting the step was enough to rein in production that has exceeded consumption for the better part of three years.

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Caribbean fears for coastal families as Hurricane Matthew gets close

Caribbean fears for coastal families as Hurricane Matthew gets close

Published 03/10/2016

Residents stand on a pier ahead of Hurricane Matthew in Les Cayes, Haiti, October 2, 2016. REUTERS/Andres Martinez Casares

Haiti and Jamaica urged residents in vulnerable coastal areas to evacuate and Cuba suspended flights on Sunday as bands of rain from Hurricane Matthew, the strongest storm to menace Caribbean nations since 2007, drenched the Jamaican capital.

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Colombians reject deal to end 52-year FARC rebel war

Colombians reject deal to end 52-year FARC rebel war

Published 03/10/2016

A woman carrying her daughter casts her vote in a referendum on a peace deal between the government and Revolutionary Armed Forces of Colombia (FARC) rebels in Medellin, Colombia, October 2, 2016. REUTERS/Fredy Builes

Colombians narrowly rejected a peace deal with Marxist guerrillas in a referendum on Sunday, plunging the nation into uncertainty and dashing President Juan Manuel Santos' painstakingly negotiated plan to end the 52-year war.

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