Search For Keyword.

Search (4)

Oil extends losses on supply overhang, weak outlook

Oil prices extended losses on Thursday as the industry grappled with the growing global surplus of crude and the sharp coronavirus-led downturn in demand, with the outlook still grim despite April data showing a rise in imports into China. Brent crude LCOc1 was down by 24 cents, or 0.8%, to...

Russian mercenaries are fighting in Libya, UN diplomats say

Mercenaries from the Wagner Group, a Russian paramilitary organization seen as being close to Vladimir Putin, are fighting in Libya, UN diplomats said Wednesday, citing an experts' report on the country's arms embargo. It was the first time the UN has confirmed claims first made in US media...