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Uganda bans broadcasts as president-age debate likely

Bloomberg Ugandan authorities told broadcasters to stop airing some live coverage as the East African nation nears a parliamentary debate on a constitutional amendment that would let President Yoweri Museveni attempt to extend his three-decade rule. The Uganda Communications Commission directed all broadcasters to refrain from airing “live feeds which are in breach of the minimum broadcasting standards,” according to ...

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Saudi Aramco to venture into non-Saudi crude oil trading

SINGAPORE / Reuters Saudi Aramco’s trading arm will start trading non-Saudi crude oil to mainly feed its international joint ventures as the world’s largest oil exporter seeks to optimise profits, industry sources familiar with the move said. The expansion into crude comes as Saudi Aramco is working to boost its valuation ahead of the planned listing of up to 5 ...

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Oil in bull market nears $52

Bloomberg Oil traded near $52 after entering a bull market as US industry data showed an unexpected decline in crude stockpiles, the first decrease since Hurricane Harvey hit the Texas coast last month and shuttered refineries. Futures fell 0.2 percent in New York after slipping on Tuesday. Inventories fell by 761,000 barrels last week, the American Petroleum Institute was said ...

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