[ad_1] NEW YORK (Reuters) – Oil prices rose up to 2 percent on Monday, hitting five-month highs on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against
Russia signals OPEC and allies could raise oil output from June
[ad_1] MOSCOW/LONDON (Reuters) – One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signalled on Monday that Russia wanted to raise oil output when it meets with OPEC in
Oil hits five-month high as Libyan output threatened
[ad_1] NEW YORK (Reuters) – Oil prices rose to a five-month high on Monday, driven by expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and
Boeing’s 737 production cut hits its shares and those of suppliers
[ad_1] PARIS (Reuters) – Shares of Boeing Co fell more than 4 percent on Monday morning after the company said it would cut production of its 737 MAX aircraft by nearly 20 percent, as the
London judge discharges jury in landmark Barclays Qatar case
[ad_1] The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London financial district in London September 4, 2017. REUTERS/Toby Melville/Files LONDON (Reuters) –
Aramco’s international bond attracts strong interest as demand tops $30 billion
[ad_1] RIYADH (Reuters) – Demand for Saudi Aramco’s inaugural international bond, seen as a gauge of potential investor interest in the oil company’s eventual initial public offering, is higher than $30 billion, Saudi Energy Minister
With one final vote, Nissan shareholders dump Ghosn, seek clarity on company’s future
[ad_1] TOKYO (Reuters) – Nissan Motor Co shareholders ousted Carlos Ghosn as a director on Monday, severing his last tie with the Japanese automaker he rescued from near-bankruptcy two decades ago and from which he
Essar seeks spot LNG cargo for June delivery: sources
[ad_1] File Photo: The logo of Essar group is seen at its headquarters in Mumbai, August 21, 2017. REUTERS/Danish Siddiqui LONDON (Reuters) – Indian commodities conglomerate Essar Group is looking to buy a spot cargo
UK rejects tycoon Vijay Mallya’s plea against extradition – Economic Times
[ad_1] Vijay Mallya leaves after his extradition hearing at Westminster Magistrates Court, in London, Britain, December 10, 2018. REUTERS/Peter Nicholls/Files (Reuters) – Britain’s court rejected Indian liquor and aviation tycoon Vijay Mallya’s plea against extradition,
Shell enters China’s shale oil scene with joint study with Sinopec
[ad_1] SINGAPORE (Reuters) – Royal Dutch Shell has entered China’s shale oil sector, signing an agreement with state-owned Sinopec to study an East China block, part of the nation’s early efforts to unlock the potentially