NEW DELHI/ SEOUL, May 21- India has slashed Iranian oil imports by almost a fifth since December, the sharpest cut among Asian buyers, in a move that should increase its chances of winning a new U.S. waiver next month on sanctions targeting oil trade with Iran.» Read More
Chesapeake Energy hired Robert Douglas Lawler of rival Anadarko Petroleum as its new chief executive.
May 20- Chesapeake Energy Corp said it hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon. Lawler, who is senior vice president of international and deep-water operations at Anadarko Petroleum, will join Chesapeake on June 17, the company said.
*MSCI world equities highest since 2008. LONDON, May 20- Brent crude oil slipped towards $104 per barrel on Monday on ample supplies, weaker demand for fuel and a strong dollar, despite strong equity markets. Brent crude futures for July were down 55 cents at $104.09 per barrel by 1040 GMT, after three straight sessions of gains.
NEW DELHI, May 20- India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas.
*MSCI world equities highest since 2008. LONDON, May 20- Brent crude oil held above $104 per barrel on Monday, supported by strong equity markets and a slightly lower dollar, despite a weaker outlook for fuel demand and ample supplies. Brent crude futures for July were down 30 cents at $104.34 per barrel by 0810 GMT, after three straight sessions of gains.
LAUNCESTON, Australia, May 20- If you ever needed an example of the corporate herd mentality, then look no further than the stampede of cost-cutting among commodity producers started by BHP Billiton.
CHENNAI, India, May 20- Brent crude futures held above $104 per barrel on Monday, supported by positive economic data and strong equity markets, while a moderate outlook for demand and ample supplies dragged on prices. "The oil market is getting into what I think will prove to be the top end of the range," said Ric Spooner, chief market analyst at CMC Markets in Sydney.
China and India disagree about large areas on their 4,000- km- long border and fought a brief but bloody war 50 years ago. "World peace and regional stability cannot be a reality without strategic mutual trust between India and China.
CHENNAI, India, May 20- Brent crude futures held below $105 per barrel on Monday supported by positive economic data and strong equity markets, while a moderate outlook for demand and ample supplies dragged on prices.
LOS ANGELES, May 20- In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp..
HOUSTON/ NEW YORK, May 20- For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry.
WATFORD CITY, North Dakota, May 19- In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting." It's not that they lack water, like Texas and California.
CHENNAI, India, May 20- Brent crude futures held below $105 per barrel on Monday supported by positive economic data and strong equity markets, while a moderate outlook for demand and ample supplies dragged on prices. "The oil market is getting into what I think will prove to be the top-end of the range," said Ric Spooner, chief market analyst at CMC Markets in Sydney.
PERTH, May 20- U.S. crude futures were steady in early Asian trading on Monday, holding above $96 a barrel after rallying last week on positive economic data in top oil consumer the United States. *U.S. oil rose 9 cents to $96.11 a barrel by 0047 GMT.
May 19- The price of a gallon of gasoline in the United States rose sharply in the last two weeks amid outages at Midwest and West Coast refineries, according to a widely followed survey released on Sunday.
May 18- Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. Texas joins four other states that have sued BP and other companies in connection to the spill: Florida and Mississippi filed complaints last month, while Alabama and Louisiana did in 2010..
The world’s largest asset manager is far from being an activist investor, but it is starting to ask more questions, the New York Times reports.
*Freeport first project approved since 2011.
You say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.
LONDON/ WASHINGTON, May 17- A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key U.S. senator on Friday called for the Justice Department to join the investigation.