Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures ... Read More
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a ... Read More
Thailand’s state-owned upstream firm PTTEP has started exports of natural gas from the offshore Zawtika project in Myanmar to Thailand on August 5, PTTEP said in a statement Wednesday. ... Read More
Mexico’s Congress approved on Tuesday a sweeping overhaul of the energy industry that cleared the way for international giants to tap Mexico’s rich reserves of oil and gas. The ... Read More
Kenya will impose capital-gains and windfall taxes on oil, gas and mining companies within months to ensure the East African nation maximizes benefits from its mineral resources, President Uhuru ... Read More
Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April ... Read More
Europe’s benchmark equity index fluctuated amid mixed earnings, while the euro traded near a nine month low versus the dollar. Banco Espirito Santo SA shares were suspended after it ... Read More
Oil giant Royal Dutch Shell has described its performance as “robust” after its second-quarter profits more than doubled. Shell said profits for the period rose to $5.15bn (£3bn) from ... Read More
Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing ... Read More
The British government considers to make more land available for licensing for oil and natural gas exploration in the first such expansion since 2008. The move, which had been ... Read More
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