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Wednesday, January 2, 2019

Oil kicks off 2019 with losses on signs of economic slowdown, surging supply

Oil markets dropped by around 1 percent in 2019's first trading on Wednesday, pulled down by surging U.S. output and concerns about an economic slowdown in 2019 as factory activity in China, the world's biggest oil importer, contracted.


from Reuters: Business News https://reut.rs/2R0c7QW

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Billions at stake in court battle over North Sea oil

Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week. from BBC News https://ift.tt/gTB8QlX