ReutersBrent down 4 percent on Iran, Libya; US crude up on spread playReutersAnalysts say Iran could increase its oil sales fairly quickly if sanctions were lifted and may eventually be able to raise exports by up to 1 million barrels per day (bpd). A Reut …
Vedanta to cut debt burden despite oil price plungeFinancial TimesNet debts at the mining and energy conglomerate rose to $9bn over the first half of this financial year, while shares dropped 41 per cent over the past six months as the crude price slide hi …
Wall Street JournalAirstrikes, Oil Prices Hit Islamic State's FundingWall Street JournalPARIS—Airstrikes against Islamic State militants and falling oil prices have hurt the group's ability to fund operations across Iraq and Syria, according to an …
ReutersIran minister's Saudi visit delayed due to oil price fall: TehranReutersDUBAI (Reuters) - Iran's Foreign Minister Mohammad Javad Zarif has postponed a visit to Saudi Arabia in protest against Riyadh's reluctance to cut oil production, a …