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.


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…]