crude oil
Gazprom postpones construction of pipeline to China – report
MOSCOW, Sept 4 (Reuters) – Russia’s state-owned gas producer Gazprom has postponed construction of a pipeline to China until next year, the Vedomosti newspaper reported on Wednesday, as Moscow and Beijing have failed so far to agree terms on pricing.
India’s exporters assess rupee’s fall
A depreciating rupee should offer exporters an opportunity but some sectors fear that high import costs and bureaucracy could temper any benefits
Oil hit by falling Libyan output
Profits for European refiners are being squeezed as light sweet crude production stalls in Libya and also Nigeria, where output is at a four-year low
