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Oil set for monthly loss as OPEC cuts seen spurring US supply

  Bloomberg Oil is set for its first monthly decline since October as signs that US supply is expanding offset OPEC’s production curbs. Futures lost 0.5 percent in New York and are down 2.3 percent in January. US oil production could increase to as much as 9.5 million barrels a day this year, near its 2015 peak, as rising prices ...

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Norway’s $1.8bn pipeline spat moves to appeals court

  Bloomberg Offshore gas-pipeline owners faced off again with Norway in an Oslo court on Tuesday in an appeal trial over tariff cuts that investors claim will cost them about $1.8 billion in income. The plaintiffs, companies owned by investors including Allianz SE and Canadian pension funds, are seeking to overturn a 2015 ruling that the government had acted lawfully ...

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Snapchat: Social media darling of the moment

  Bloomberg Abby Rogers, a 15 year-old from California’s Bay Area, recently took extreme measures to help a buddy in Michigan. The friend had her phone confiscated by parents and biked to a local library where she got on a computer, sent Rogers her Snapchat user name and password, and begged for a big favor. Every day for two weeks, ...

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