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‘OPEC deal no game changer as budget battle heats up’

  Bloomberg Russia’s finance minister is counting himself among the skeptics of OPEC’s agreement to cut production, if only to beat back efforts to raid a windfall as oil rallies. “Improvements in oil prices, in our view, aren’t structural in character,” Anton Siluanov told reporters in Moscow. “Rather, it’s a reaction to the limits on oil output adopted by OPEC ...

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Libya’s biggest oil port, fields to reopen this week

  Bloomberg Libya is preparing this week to reopen two of its biggest oil fields and ship the first cargo from its largest export terminal in two years, as the war-torn OPEC state pursues plans to almost double crude output in 2017. Repsol SA-operated Sharara, Libya’s largest oil field, and the El Feel, or Elephant, deposit run by Eni SpA ...

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Tata Motors turns key battle in biggest Indian proxy fight

  Bloomberg Tata Motors Ltd., the $22 billion producer of Jaguar sports cars and Land Rover sport utility vehicles, is shaping up as a key battleground in the fight for control of India’s biggest conglomerate. Tata Group is facing opposition to its plan to remove Cyrus Mistry from the automaker’s board after Glass Lewis & Co. and Institutional Shareholder Services ...

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