pipelines
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
UPDATE 2-PetroChina supplier Wison says chairman ‘assisting probe’
HONG KONG/BEIJING, Sept 3 (Reuters) – The chairman of a Chinese oil engineering firm is helping the authorities with an unspecified investigation, the company said on Tuesday, amid a widening corruption probe into PetroChina , one of its major customers.
Indian fuel prices rise as rupee falls
The move comes as the country’s policy makers attempt to reduce the current account deficit amid a crisis that has seen growth fall to 4.4 per cent
