Energy Update
NEW DELHI, July 9 (Reuters) - Indian businessman Pankaj Bansal is losing sleep. He says that any nuclear deal under which global powers lift sanctions against Iran could wipe him out.
SINGAPORE, July 9 (Reuters) - Crude oil prices were steady on Thursday, with U.S.
Russian oil giant Rosneft has signed an agreement to supply 100 million tons of crude oil to Essar Oil’s Vadinar refinery in the Indian state of Gujarat .
CARACAS, July 8 (Reuters) - Venezuela's request to review a $46 million compensation claim it has been ordered to pay to oil service company Tidewater was rejected and the stay on the award's execution lifted, a World Bank tribunal said in a decision posted on its website on Wednesday.
NEW YORK, July 8 (Reuters) - U.S.
July 8 (Reuters) - On July 8 and 9, Russia hosts Chinese, Indian, Brazilian and South African leaders at the annual BRICS summit in the Russian republic of Bashkortostan. The conference takes place at a time when Russia's rift with the West over Ukraine has sparked some concerns that Moscow might turn its back on the West and pivot towards Asia, both economically and politically.
NEW YORK, July 8 (Reuters) - Renowned oil bull Andy Hall's $3 billion hedge fund posted a second straight monthly loss in June, curbing gains for the first half, as he maintained an expectation of higher crude prices in a rangebound market.
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