Bloomberg Drones attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia but failed to disrupt production, the kingdom’s Oil Minister Khalid Al-Falih said. Aramco extinguished a small fire at a natural gas liquids plant at Shaybah on Saturday morning, it said in a statement. There were no casualties and oil operations were not interrupted by the …

Bloomberg For Brits looking to escape the UK in an increasingly wet August, the pound might offer some relief with a recovery against the euro. Sterling ended a record run of losses against the common currency this week and analysts are cautiously optimistic on its near-term prospects. Growing resistance among opposition lawmakers to a no-deal Brexit has led traders to …

Bloomberg China’s biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation. China National Petroleum Corp. has canceled plans to load about 5 million barrels worth of Venezuelan oil onto ships this month in the aftermath of the latest executive order by President Donald Trump, according to …