Energy (Legacy)

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

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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U.S. makes arrests over Venezuelan energy corruption scheme

Published 21/12/2015

Two men including an oil equipment supply firm executive have been arrested on charges related to an alleged scheme to corruptly secure energy contracts from [more…]

Obama administration authorizes $1.83-billion arms sale to Taiwan

Published 17/12/2015

WASHINGTON The Obama administration formally notified Congress on Wednesday of a $1.83-billion arms sale package for Taiwan, including two frigates, anti-tank missiles, amphibious assault vehicles [more…]

Crude falls after U.S. Fed rate hike, inventory gains

Published 17/12/2015

TOKYO Crude futures fell in Asian trade on Thursday, adding to sharp losses the previous session after the Federal Reserve raised rates for the first [more…]

Singapore Strait collision sinks freighter- six crew still missing

Published 17/12/2015

SINGAPORE Six crew members are still missing after a general cargo freighter sank in the Singapore Strait following a collision with a chemical tanker at [more…]

Venezuela opposition thrashes ‘Chavismo’ to win legislature

Published 07/12/2015

CARACAS Venezuela's opposition trounced the ruling Socialists on Sunday to win the legislature for the first time in 16 years and gain a long-sought platform [more…]

OPEC decision to keep output high pulls oil prices close to 2015 lows

Published 07/12/2015

SINGAPORE Crude oil prices dipped further on Monday after OPEC failed to agree on output targets to reduce a bulging glut that has cut prices [more…]

Oil dips on firm dollar, ahead of OPEC meeting

Published 30/11/2015

SINGAPORE Oil dipped on Monday as traders remained cautious ahead of an OPEC meeting later this week and as a widely expected U.S. interest rate [more…]

U.S. oil plunges over 3 percent on strong dollar, supply glut

Published 23/11/2015

SEOUL Crude futures plunged on Monday, with U.S. oil dropping more than 3 percent on a firmer U.S. dollar and festering worries over a global [more…]