Energy Update
BEIJING, Aug 1 (Reuters) - China's leadership is resisting
pressure from elements within the military for a more forceful
response to an international court ruling against Beijing's
claims in the South China Sea, sources said, wary of provoking a
clash with the United States.
TRIPOLI, July 31 (Reuters) - Libya's state oil company said
on Sunday it welcomed the "unconditional" reopening of blockaded
oil ports following a controversial deal between the U.N.-backed
government and a force that controls key eastern terminals.
TRIPOLI, July 31 (Reuters) - Libya's state oil company said
on Sunday it welcomed the "unconditional" reopening of blockaded
oil ports following a deal between the U.N.-backed government
and the Petroleum Facilities Guard.
MUMBAI, July 31 (Reuters) - Indian Oil Corp (IOC)
will cut the price of diesel by 3.7 percent from Monday and that
of gasoline by 2.3 percent, reflecting changes in global fuel
prices, the company said in a statement.
BAGHDAD, July 31 (Reuters) - Militants in northern Iraq
stormed an oil facility on Sunday and detonated explosives at an
oil storage tank, sending flames into the sky, security sources
said.
DHAKA, July 31 (Reuters) - Bangladesh Petroleum Corp (BPC)
has received offers in its first tender to buy fuel oil at
premiums lower that its term deals, two company sources said on
Sunday.
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