Financial TimesUS shale oil industry hit by $30bn lossesFinancial TimesCapital spending by listed US independent oil and gas companies exceeded their cash from operations by about $32bn in the six months to June, approaching the deficit of $37.7bn reported …

Saudi Arabia's stock market slips on weak oil prices, Egypt edges upEconomic TimesThe main Saudi stock index edged down 0.3 per cent and petrochemicals heavyweight Saudi Basic Industries fell 0.7 per cent after oil prices, which affect the company' …