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Energy

Venezuela floats chance of gasoline price hike
Venezuela on Monday floated the idea of raising gasoline prices, in one of the least expensive fuel markets in the world.
Mexico to reform state-run oil sector
A Mexican Senate committee unveiled a proposal Saturday to reform the state-run oil sector, opening the door to private companies and investment for the first time in decades.
Iran, sanctions and crude oil prices
The prospect of a US-Iran diplomatic rapprochement, while remote, cannot be ruled out.
Egypt to pay $1.5b arrears to foreign oil firm, says PM
Egypt promised on Wednesday to pay $1.5 billion of the $6 billion it says it owes oil firms, hoping the announcement made at an investment conference will revive confidence in an economy battered by nearly three years of political upheaval.
Opec agrees to maintain crude production cap at Vienna talks
Grant Smith, Wael Mahdi 
and Nayla Razzouk
Abu Dhabi’s oil output rises 6.8%
Abu Dhabi produced 2.83 million barrels per day on average in September, up 6.8 per cent year-on-year, giving a big boost to nation’s revenue inflows and flooding the financial system with liquidity, according to a latest report by National Bank of Abu Dhabi (NBAD).
Iran could reassert authority at Opec
Group may need to cut supply later in 2014 as US shale oil rises
Dubai oil premium at 2-year high
Royal Dutch Shell buys an unprecedented number of cargoes in November
to decide oil output amid demand, Libya strains
Group to take decision with Libya’s situation in mind; new chief also on agenda
The Iran N-deal, sanctions and Western oil firms
The iran nuclear deal in Geneva has not caused a collapse in oil prices with Brent now trading in the $110-$112 range. This is due to the simple fact that global oil markets are still sceptical that US and EU sanctions will be eased fast enough to enable Iran to boost output by one million barrels a day it lost after banking, shipping and insurance sanctions slashed exports to Asian refineries after 2010.
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