BEIJING, Aug 26 (Reuters) - A rebound in private investment
in China "won't be very far off" as supportive government policy
measures take effect, an official from its top economic planner
said on Friday.
SINGAPORE, Aug 26 (Reuters) - Asian spot liquefied natural
gas (LNG) prices held steady in the absence of any decisive
indicators, with a lone deal being done at a
higher-than-expected level in an amply supplied market.
DUBAI, Aug 26 (Reuters) - OPEC Secretary-General Mohammed
Barkindo sees a growing understanding inside and outside the oil
producers' group that action is needed to manage crude
production in order to support prices, he said in remarks
published in London-based newspaper Al-Hayat.
GICHANGI, Kenya, Aug 26 (Thomson Reuters Foundation) -
Farmers in Kenya's Laikipia County have found a clever way to
reduce their use of wood for fuel while raising more chickens
for cash: an efficient ceramic cooking stove that doubles as a
chick brooding box.
DUBAI, Aug 26 (Reuters) - Iran will help other oil producers
stabilise the world market so long as fellow OPEC members
recognise its right to regain lost market share, the country'
oil minister said on Friday in remarks made ahead of next
month's meeting of the oil exporters group.
(Fri, 26 Aug 2016) Members of the Organization of the Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015, according to U.S. Energy Information Administration (EIA) estimates. These earnings represent a 46% decline from $753 billion earned in 2014.
SINGAPORE, Aug 26 (Reuters) - Oil prices dipped in early
trading on Friday after the Saudi energy minister tempered
expectations of strong market intervention by producers during
talks next month.
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