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Oil declines after Russia sees no deal with OPEC next week

  Bloomberg Oil fell below $50 a barrel after Russia cast doubt over a deal any time soon with OPEC, following the group’s pledge to reduce production. Futures slipped 1.3 percent in New York after closing above $50 for the first time since June on Thursday. OPEC agreed in Algiers last week to cut output in a bid to shrink ...

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A gas market ‘mystery’ floating in the Mediterranean

  Bloomberg A liquefied natural gas tanker plying the waters of the Mediterranean has created a guessing game for energy traders. The Maran Gas Delphi has taken a meandering course after loading up on U.S. shale gas a month ago at Cheniere Energy Inc.’s Sabine Pass export terminal in Louisiana. The ship anchored off the coast of Greece for several ...

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Facebook’s Oculus pushes VR with new gear

  Bloomberg Facebook on Thursday worked to ramp up enthusiasm for its virtual reality line, unveiling new gear including a lower-end wireless headset prototype. The company’s Oculus virtual reality division is set to release in coming months a new “Touch” controller and a more affordable computer for powering virtual experiences using Rift headsets. “We are here to make virtual reality ...

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