Energy (Legacy)

Oil rises on talk of producer action, but excess looms

Oil rises on talk of producer action, but excess looms

Published 15/08/2016

By Libby George | LONDON LONDON Oil prices rose on Monday to their highest in nearly a month, with benchmark Brent crude trading more than [more…]

U.N.’s Ban condemns Yemen school attack, coalition says Houthi facility targeted

U.N.’s Ban condemns Yemen school attack, coalition says Houthi facility targeted

Published 15/08/2016

DUBAI U.N. Secretary-General Ban Ki-moon condemned an air strike on a school in northern Yemen that killed 10 children and called for an investigation, while [more…]

Oil prices dip on U.S. crude inventory build, record Saudi output

Oil prices dip on U.S. crude inventory build, record Saudi output

Published 11/08/2016

SINGAPORE Oil prices fell on Thursday as a build in U.S. crude inventories and record Saudi Arabian production reinforced fears of a persistent supply overhang [more…]

Iran says crude market oversupplied, balance expected to be restored: TV

Iran says crude market oversupplied, balance expected to be restored: TV

Published 01/08/2016

ANKARA Iran's Oil Minister says the oil market is oversupplied but predicts balance between demand and supply will be restored, Iranian state television reported on [more…]

Oil falls as oversupply still weighs on market

Oil falls as oversupply still weighs on market

Published 01/08/2016

LONDON Oil fell on Monday morning, reversing earlier gains, as increases in OPEC production and U.S. oil rig additions continued to weigh on the market.Brent [more…]

Iraq’s oil exports from south rose to 3.2 million bpd in July

Iraq’s oil exports from south rose to 3.2 million bpd in July

Published 01/08/2016

BASRA, Iraq Iraq's oil exports from its southern ports rose to 3.2 million barrels per day (bpd) on average in July, up from 3.175 million [more…]

BP sticks with major arts sponsorship despite profits slump

BP sticks with major arts sponsorship despite profits slump

Published 28/07/2016

LONDON BP has agreed to renew five-year sponsorship deals with several British cultural institutions, including the British Museum, just days after reporting a 45 percent [more…]

Oil prices dip on ongoing oversupply, economic headwinds

Oil prices dip on ongoing oversupply, economic headwinds

Published 25/07/2016

SINGAPORE/TOKYO Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some [more…]

ASEAN breaks deadlock on South China Sea, Beijing thanks Cambodia for support

ASEAN breaks deadlock on South China Sea, Beijing thanks Cambodia for support

Published 25/07/2016

VIENTIANE Southeast Asian nations overcame days of deadlock on Monday when the Philippines dropped a request for their joint statement to mention a landmark legal [more…]