Nairobi/Abuja - A militant group responsible for attacks on oil facilities that have disrupted oil production in Nigeria will observe a unilateral ceasefire from Tuesday midnight, the group said i
Singapore - Coal equities in Association of South-East Asian Nations (ASEAN) countries are forecast to outperform the broader marker longer than expected, a Goldman Sachs report said on Monday.
Kathmandu - Students protesting a government decision to increase fares on public transport turned violent Friday with students clashing with police and attacking vehicles.
Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 0.53 dollars, according to data released by OPEC on Thursday.
One barrel (159 litres) of OPEC-produced crude stood at 128.45 dollars a barrel on Wednesday, down 0.53 dollars from 128.98 dollars on the previous day.
An increase in oil output by OPEC members was not needed as the current supply level exceeds demand and spiralling prices are mainly caused by speculators, OPEC officials said Wednesday.