Exclusive: Rosneft’s Sechin flies to Venezuela, rebukes Maduro over oil shipments
The head of Russian oil company Rosneft , Igor Sechin, flew to Caracas this week to meet Venezuelan President Nicolas Maduro and complain over delayed oil shipments designed to repay loans, two sources briefed on the conversation said on Saturday.
Egypt says U.S. oil firms showing appetite for offshore projects
Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources and expects them to participate in two bidding rounds due before year-end, Petroleum Minister Tarek El Molla said.
Arrested Nissan executive Kelly says Ghosn paid appropriately: NHK
A former Nissan Motor executive arrested along with ex-chairman Carlos Ghosn has defended Ghosn’s compensation, saying it was discussed with other officials and paid out appropriately, Japanese public broadcaster NHK said on Saturday.
Exclusive: Logitech in talks to acquire headphone maker Plantronics – sources
Logitech International SA, a Swiss manufacturer of keyboards and webcams, is in discussions to acquire Plantronics Inc, a U.S. maker of Bluetooth earpieces and gaming headsets, people familiar with the matter said on Friday.
Oil’s Black Friday drop could hit drilling budgets for 2019
North American oil producers that have been increasing spending to take advantage of this year’s higher prices will dial back as November’s reversal fuels worries about a 2019 surplus, energy executives say.
Oil plunges nearly 8 percent despite talk of output cut
Oil prices slumped up to nearly 8 percent to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers consider cutting output.
Oil tumbles on oversupply concerns, sinking world stocks
Oil prices plunged on Friday on concerns about oversupply, sending world stock markets lower as lagging energy shares weighed down Wall Street.
Wall Street drops, S&P 500 confirms correction
U.S. stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correction of 2018.
Black Friday deals lure U.S. shoppers, biggest sales gains online
Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their make-or-break holiday season.
Oil plunges to lowest in a year despite potential OPEC cut
Oil prices slumped more than 6 percent to the lowest in more than a year on Friday amid fears of a supply glut even as major producers consider cutting output.
