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Liberians vote for new president as Johnson Sirleaf steps down

Bloomberg Liberians vote on Tuesday to choose a new legislature as well as a president to replace Nobel Peace Prize laureate Ellen Johnson Sirleaf from among 20 candidates who include a retired soccer star, a former warlord and a wealthy chicken farmer. Johnson Sirleaf, Africa’s first elected female president who’s governed the impoverished nation for 12 years, has thrown her ...

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Saudi Arabia to make deepest cut to crude supply despite strong demand

Bloomberg Saudi Aramco plans to make “the deepest customer allocation cuts in its history” in oil supplies in November to help reduce global inventories and balance the market. State-run Saudi Arabian Oil Co., known as Aramco, will make an “unprecedented” cut of 560,000 barrels a day in its allocations to customers next month, the Saudi energy ministry said in a ...

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Oil trades near $50 before US data

Bloomberg Oil traded near $50 a barrel in New York before data forecast to show a third weekly drop in US crude inventories, while Saudi Arabia said it will sell customers considerably less crude than they’re asking for. Futures rose 0.8 percent after advancing 0.6 percent, rebounding from a weekly loss. Crude stockpiles probably slid by 750,000 barrels last week, ...

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