Energy Update

You are here

RIYADH, April 29 (Reuters) - The world's longest serving foreign minister, Saudi Arabia's Prince Saud al-Faisal, was replaced on Wednesday after 40 years representing the conservative Islamic kingdom, as Riyadh faces a period of unprecedented regional crisis.

Al-KHOBAR, Saudi Arabia, April 29 (Reuters) - Saudi King Salman on Wednesday appointed Saudi Aramco Chief Executive and President Khalid al-Falih as the country's health minister and chairman of the state oil company in the world's top crude exporter, state television said.

RIYADH, April 29 (Reuters) - Saudi King Salman on Wednesday appointed Interior Minister Mohammed bin Nayef as his new heir, replacing the monarch's half brother Prince Muqrin, and made his son, Defence Minister Mohammed bin Salman, second in line to succeed.

* Put options open interest also higher than for call options (Updates Saudi reshuffle detail, prices)

* Put options open interest also higher than for call options

SAO PAULO, April 28 (Reuters) - Brazil's Supreme Court on Tuesday ordered the release from jail of nine engineering executives charged in the corruption investigation at state-run oil firm Petroleo Brasileiro SA.

April 28 (Reuters) - Coal and iron ore producer Cliffs Natural Resources Inc reported a 28 percent fall in quarterly revenue, and the company cut its capital budget as prices tumble.

NEW YORK, April 28 (Reuters) - U.S. first-quarter earnings are on track to post a slight gain following mostly stronger-than-expected results, defying forecasts for the first quarterly profit decline since 2009.

April 28 (Reuters) - Coal and iron-ore producer Cliffs Natural Resources said on Tuesday that it was considering a sale of its North American coal business.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.