Oil steadies below $59, weaker economic outlook weighs
LONDON (Reuters) – Oil steadied below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise …
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Groups bidding for PES refinery due to tour fire-damaged site: sources
NEW YORK (Reuters) – Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of the bidding process and are gearing up for visits to …
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Russian deputy prime minister in Venezuela to support Maduro
CARACAS/MOSCOW (Reuters) – Russian Deputy Prime Minister Yuri Borisov met Venezuela’s President Nicolas Maduro on Saturday to underline Moscow’s support for the leftist leader that has helped him stay in …
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Deadly clashes flare again in Iraq, five killed in capital
BAGHDAD (Reuters) – Clashes between police and protesters killed five people in Baghdad on Saturday in a resumption of anti-government unrest, as security forces deployed in their hundreds to keep …
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BP names Bernard Looney as next CEO, Dudley to leave in 2020
LONDON (Reuters) – BP (BP.L) on Friday appointed head of upstream Bernard Looney as chief executive to succeed Bob Dudley when he retires next year after leading the oil and …
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For Iran, mixed U.S. messages about sanctions not acceptable: Iran president
FILE PHOTO: Iranian President Hassan Rouhani attends a meeting with Russian President Vladimir Putin on the sidelines of a session of the Supreme Eurasian Economic Council In Yerevan, Armenia October …
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Saudi crown prince warns of escalation with Iran
WASHINGTON (Reuters) – Saudi Arabia’s crown prince warned in an interview broadcast on Sunday that oil prices could spike to “unimaginably high numbers” if the world doesn’t come together to …
Read More Saudi crown prince warns of escalation with Iran, says he prefers political solution
WASHINGTON (Reuters) – Saudi Arabia’s crown prince warned in an interview broadcast on Sunday that oil prices could spike to “unimaginably high numbers” if the world does not come together …
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BP preparing to announce CEO’s plan to retire: Sky News
Group Chief Executive of BP Bob Dudley poses for a photograph at the BP International Headquarters in central London, Britain, May 16, 2018. REUTERS/Henry Nicholls (Reuters) – BP Plc (BP.L) …
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Global oil shipping rates soar as U.S. supertanker sanctions rattle crude trade
SINGAPORE (Reuters) – Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday in a global oil shipping market spooked by United States …
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