Bloomberg Hurricane Jose may threaten New York City (NYC) and other areas of the East Coast by next week, according to the National Hurricane Center. The storm, about 885 kilometers south-southeast of Cape Hatteras, North Carolina, strengthened into a Category 1 hurricane Friday as it churned through the Atlantic Ocean. Jose’s path could put it near New Jersey and New ...

Bloomberg India will offer larger areas with higher oil and natural gas reserves in the next auction of discovered fields later this year as Prime Minister Narendra Modi’s government seeks to curtail rising crude oil imports. “The next round would be meatier, bigger and players can expect even better fields,” Atanu Chakraborty, head of oil regulator Directorate General of Hydrocarbons, ...

NEW DELHI / Reuters India imported 335,400 barrels per day (bpd) oil from Iran in August, the lowest level since February 2016, posting a fall of about 42 percent from a year ago, according to ship tracking data obtained from industry sources and data compiled by Thomson Reuters Oil Research & Forecasts. August imports from Iran were down 19.2 percent ...