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Monday, April 8, 2019

Oil climbs to five-month high amid OPEC cuts, U.S. sanctions and Libya fighting

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC's ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting in Libya as well as strong U.S. jobs data.


from Reuters: Business News https://reut.rs/2WVq4ht

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BP sells stake in motor oil arm Castrol for $6bn

BP has sold a 65% stake in its motor lubricant arm Castrol to US-based investment firm Stonepeak. from BBC News https://ift.tt/IDnaZ60