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Energy

Energy companies set to increase spending in Africa and Middle East
Investment will continue to rise in Africa and the Middle East as producers in those areas seek to boost long-term output in the flooded global oil market.
Saudi king vows to deal with oil fall with "firm will"
Brent crude fell close to $51 a barrel, its lowest since 2009, with cuts to Saudi Arabia’s official selling prices to Europe this week.
Bargain hunt on for energy stocks
Energy sector earnings are seen down 19.6 per cent in the fourth quarter, according to Thomson Reuters data.
Easing of light crude export ban to put pressure on Asian producers
The addition of supplies as demand cools is likely to trigger more aggressive discounting by producers trying to defend market share in Asia.
US opens floodgates
Obama administration clears the way for millions of barrels of crude to the global market
Oil seen above $70 by end-2015
Opec hopes economic recovery will spur fresh demand; remote prospects for output cut
UAE, Saudi ministers call for non-Opec output cut
UAE minister says irresponsible production by some producers from outside the Opec is main cause for plunge in oil prices.
Oil below $59 for first time since ’09
Brent crude fell as low as $58.50, its weakest since May 2009. As of 1221GMT it was down $2.12 at $58.94 while US crude was down $1.73 at $54.18 per barrel.
Gulf equities slide in perfect storm of oil, leverage, panic
Saudi Arabia will open its bourse to direct foreign investment next year, which could draw tens of billions of dollars in coming years.
Opec output drops as Libya recovery stalls
Prices have slipped since and fell below $68 to the lowest since 2009 on Monday.
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