Gas – Bloomberg reports that Abu Dhabi shortlisted Exxon Mobil Corp., Royal Dutch Shell Plc and Occidental Petroleum Corp. as potential partners to develop the $10 billion Shah natural-gas project.
Crude Investing News reports crude oil prices regained its momentum to about $45 per barrel. However, some experts are of the view that this is not just speculation but real purchases driving the prices up. China is said to be considering buying crude oil as part of its strategy to diversify holdings from US Treasuries. [...]
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