MANAMA / Reuters A new discovery off the coast of Bahrain is estimated to contain at least 80 billion barrels of tight oil, the kingdom’s biggest ever find, Bahrain’s oil minister said. Bahrain said it had discovered extensive tight oil and deep gas resources off the west coast of the kingdom. Independent appraisals by US-based oil consultants DeGolyer and MacNaughton …

LONDON / Reuters OPEC oil output fell in March to an 11-month low due to declining Angolan exports, Libyan outages and a further slide in Venezuelan output, a Reuters survey found, sending compliance with a supply-cutting deal to another record. The Organization of the Petroleum Exporting Countries pumped 32.19 million barrels per day last month, the survey found, down 90,000 …

Bloomberg Steinhoff International Holdings said a European real-estate portfolio may be worth about half previous estimates, as the embattled global retailer reviews the value of its assets following an accounting scandal. Hemisphere International Properties BV has been valued at about 1.1 billion euros ($1.3 billion) in a review by CBRE Group Inc., Steinhoff said in a statement. That compared with …