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• UPDATE 5-Oil slips under $115, underlying strength seen

  "I wouldn't read too much into it," said Carsten Fritsch, an oil analyst at Commerzbank in Frankfurt, adding he expected oil prices to make further gains this week. Brent slipped 23 cents to $114.67 a barrel by 1452 GMT, after earlier hitting $115.25, the highest since Oct. 16.

• UPDATE 4-Oil holds near $115 on hopes for global economy revival

  "I wouldn't read too much into it," said Carsten Fritsch, an oil analyst at Commerzbank in Frankfurt, adding he expected oil prices to make further gains this week. And we have these ongoing supply risks in the Middle East and North Africa, with more and more countries coming into the spotlight, like Algeria and Egypt. "

• Egypt's Big Businesses Feel Neglected Amid Turmoil

  

  In the haze around Egypt's latest bout of turmoil, the nation’s largest companies are struggling to adapt as the Islamist government is once again forced to focus on a fast-changing political crisis rather than the economy, the New York Times reports.

• UPDATE 3-Saipem warning draws investor anger

  MILAN/ OSLO, Jan 30- An unexpected profit warning from Europe's biggest oil services company Saipem sent shockwaves through the buoyant sector on Wednesday and drew investor ire as billions were wiped off the Italian company's market value.

• UPDATE 2-Saipem warning rattles booming oil services sector

  *Brazil seen as key to Saipem's troubles. MILAN/ OSLO, Jan 30- An unexpected profit warning from Europe's biggest oil services company Saipem sent shockwaves through the buoyant sector on Wednesday and wiped billions off the Italian company's market value.

• Crescent Petroleum: Most Stable Period for Oil Prices  

  

  Majid Jafar, CEO of Crescent Petroleum, tells CNBC that a general sense of instability post the Arab Spring has already been factored in to the oil price but there has been no direct impact from the Algerian hostage attack.

• UPDATE 4-Oil holds above $113 ahead of U.S., China data

  LONDON, Jan 29- Brent crude oil held above $113 on Tuesday as traders awaited data to gauge the strength of the economies of the United States and China, the world's largest oil consumers. Sentiment was boosted on Monday after business spending data from the United States helped reinforce the belief that a recovery was taking root.

• UPDATE 3-Oil holds steady above $113 on positive mood

  LONDON, Jan 29- Brent crude oil held above $113 on Tuesday as traders awaited data to gauge the strength of the economy of the United States, the world's largest oil consumer. Sentiment was boosted on Monday after business spending data from the United States helped reinforce the belief that a recovery was taking root.

• UPDATE 1-Brent holds steady above $113 on positive U.S. data

  SINGAPORE, Jan 29- Brent crude held steady above $113 on Tuesday on hopes that economic growth might be picking up in the world's largest oil consumer after a gauge of planned U.S. business spending rose in December, adding to recent positive global economic data.

• Brent crude holds steady above $113 on positive U.S. data

  SINGAPORE, Jan 29- Brent crude held steady above $113 on Tuesday on hopes that economic growth might be picking up in the world's largest oil consumer after a gauge of planned U.S. business spending rose in December, adding to recent positive global economic data.

• Governments fall short in fighting defence corruption-survey

  BRUSSELS, Jan 29- More than two-thirds of countries, including many of the world's largest arms traders, have inadequate safeguards to prevent corruption in their defence sectors, a survey by an anti-corruption watchdog said on Tuesday.

• NYMEX-Crude stretches gains after promising US data; Fed eyed

  *U.S. crude rose 9 cents to $96.53 a barrel as of 0106 GMT, less than 40 cents away from a 4- month top of $96.92 hit on Jan. 23. Brent crude edged up 2 cents to $113.50, after closing up 20 cents at $113.48 a barrel.

• UPDATE 9-Oil rises as Hess refinery closure boosts gasoline

  *Hess shutting New Jersey refinery, gasoline futures surge. NEW YORK, Jan 28- Oil prices rose on Monday, led by a 2 percent gain in U.S. gasoline following news that Hess Corp will close a New Jersey refinery, tightening supplies in the giant Northeast gasoline market.

• UPDATE 8-Brent choppy, US crude boosted by gasoline surge

  NEW YORK, Jan 28- Brent crude futures seesawed on Monday, while strong U.S. gasoline futures helped support U.S. crude after news that Hess Corp plans to close a New Jersey refinery. "Crude got a boost from the durable goods but the home sales number disappointed," said Phil Flynn, analyst at Price Futures Group in New York.

• Libya in the Crosshairs of Terrorists Who Launched Algeria Attacks

  

  A consortium that deals with security issues is warning about possible threats to oil installations in Libya.

• Will Oil Companies Pull Out of North Africa? 

  

  Neil Atkinson, director of Energy Research & Analysis at Datamonitor, tells CNBC that BP are talking about suspending drilling activities in Libya following the terrorist attack in Algeria.

• Aftermath of the Gas Plant Siege in Algeria  

  

  Tony Nash, Managing Director, IHS discusses the ground level risks that energy firms face. He says companies are taking a more disciplined and methodological approach to risk.

• Support for Japan's Abe govt rises to two-thirds-poll

  TOKYO, Jan 27- Support for Japanese Prime Minister Shinzo Abe's government rose by 4.7 percentage points to two-thirds of voters in the month since his Liberal Democratic Party returned to power, a poll by the Kyodo news agency showed on Sunday.

• Algeria Attack: Energy Industry Doesn't Understand It

  

  The biggest mistake the energy industry makes is to ignore regional and geopolitical dynamics. It's complicated, and the corporate world doesn't have the patience for it.

• Bodies of 9 killed in Algeria return to Japan

  TOKYO-- Seven survivors and the bodies of nine Japanese slain in a hostage crisis in Algeria returned to Tokyo on a government plane Friday. The 16 individuals worked for a Yokohama- based engineering company, JGC Corp. at a natural gas plant in the Sahara that was seized by al-Qaida- linked militants last week.