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Oil rebounds as Libyan fighting thwarts resumption of exports

  Bloomberg Oil rebounded from the lowest close in more than a month after clashes halted what would be the first crude shipment from Libya’s Ras Lanuf export terminal since 2014. Futures rose as much as 2.1 percent in New York after losing 2 percent on Friday. The tanker Seadelta suspended loading after fighting started Sunday between local Petroleum Facilities ...

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Saudi Telecom to mull options for stake in Malaysia’s Maxis

  Bloomberg Saudi Telecom Co. is exploring options for its indirect stake in billionaire T. Ananda Krishnan’s Maxis Bhd., the second-largest Malaysian wireless carrier by market value, people with knowledge of the matter said. The Gulf kingdom’s biggest telecommunications operator is gauging interest in its 25 percent holding in Binariang GSM Sdn., which is the controlling shareholder of Maxis, according ...

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Saudi Aramco plans maintenance at two refineries in Nov-Dec

  Bloomberg Saudi Aramco plans to shut two refineries towards the end of this year for scheduled maintenance, four sources close to the matter said, which could free up more of the state oil company’s crude for export. Saudi Aramco has scheduled maintenance at its refinery in Yanbu and its largest refinery in Ras Tanura in November and December, the ...

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