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Oil prices rise on Middle East fighting- OPEC output in focus

SINGAPORE Oil prices rose on Monday following fighting in Iraq and Yemen, but Iranian comments that OPEC was unlikely to cut output as well as signs of strengthening U.S. production capped gains. Front-month Brent futures LCOc1 were up 1 percent, or 65 cents, ... More »

Acidic oceans implicated in Earth’s worst mass extinction

WASHINGTON (Reuters) – It is one of science’s enduring mysteries: what caused the worst mass extinction in Earth’s history. And, no, it is not the one that wiped out the dinosaurs. Scientists said on Thursday that huge amounts of carbon dioxide spewed from col... More »

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As war grows, Libya’s official government in new bid for oil cash

TRIPOLI (Reuters) – Libya’s Prime Minister Abdullah al-Thinni has said his government would run its own oil sales and deposit revenues abroad in a bid to divert proceeds away from a rival self-declared administration in Tripoli. Crude revenues are at the heart... More »

Despite gallery delays, UAE cements status as regional art hub

DUBAI (Reuters) – Abu Dhabi’s branches of the Guggenheim and Louvre museums may be long overdue, but that has not stopped the United Arab Emirates (UAE), better known to some for gold-vending machines and desert safaris, cementing its status as the region’s ar... More »