Bloomberg Oil held gains in New York after rising above $60 a barrel for the first time in a year as a deepening energy crisis in the US disrupted crude production and forced the shutdown of some of the nation’s biggest refineries. As much as 1.7 million barrels a day of oil output has halted and deliveries via pipeline suspended ...

N’DJAMENA / WAM Sheikh Shakhbut bin Nahyan bin Mubarak Al Nahyan, Minister of State, has met with President Idriss Deby Itno of Chad, on the sidelines of the two-day seventh regular session of Heads of State of the G5 Sahel summit in the Chadian capital N’Djamena. During the meeting, the two sides reviewed bilateral relations and ways to further develop ...

VIENNA / WAM The OPEC Fund for International Development (OFID) has signed a $20 million public sector loan agreement with Kenya to increase regional connectivity, enhance trade and improve the socio-economic welfare of about 1.6 million people. The loan will finance the upgrading of the 90 km Samatar – Wajir Road, a part of the North and North-Eastern Development Initiative ...