Page 26 - Oil
Oil prices fall as Saudi Arabia rules out Opec output cut
Brent traded down 15 cents at $33.12 a barrel after Saudi Arabia, Iran ruled out production cuts
 "Oil prices fall as Saudi Arabia rules out Opec output cut")
Asia's oil markets in upheaval as China, India change the game
China and India's combined share of world's oil consumption has tripled since 1990, making them the main center of global demand
 "Asia's oil markets in upheaval as China, India change the game")
Oil prices stabilise on lower US rig count, but global glut still weighs
Brent was trading up 34 cents at $33.35 a barrel, while WTI traded at $29.90 a barrel
Oil story: there's a new world order to talk about at the Davos of energy
The Saudis may go public, OPEC's in disarray, the US is suddenly a global exporter, and shale drillers are seeking lifelines from investors as banks abandon them.Welcome to oil's new world order, full of stresses, strains and fractures. For leaders gathering in Houston next week at the IHS CERA Week conference - often dubbed the Davos of the energy industry - a key question is: what will break first? Will it be the balance sheets of big US shale companies? The treasuries of Venezuela and Nigeria? The resolve of Saudi Arabia, whose recent deal with Russia to freeze output levels offered the first hint of a rethink?After watching prices crash through floor after floor in the worst slump for a generation, the industry is eager for answers. Insiders say it's not too hard to visualise what markets might look like after the storm - say five years down the line, when today's cost-cutting creates a supply vacuum that will push up prices. But it's what happens in the meantime that's got them sc
Saudi, Iraq sell more oil to India, elbow out Latin America crudes
Competitive prices and shorter shipping distances are giving the Middle East members of the OPEC the upper hand in India
 "Saudi, Iraq sell more oil to India, elbow out Latin America crudes")
Oil extends rally towards $35 after Iran welcomes output freeze
Brent soars 38 cents to $34.88 a barrel; gain added to a more than 7% surge in the previous session
Oil & Gas shares gain; Cairn, ONGC up 5%
Cairn India, ONGC and Oil India were up 3%-6% on the BSE.
 "Oil & Gas shares gain; Cairn, ONGC up 5%")