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Bloomberg The European Commission said it’s the UK’s fault that Brexit negotiators are taking a break in the middle of the current round of talks. “The timing of talks depends on the availability of our UK partners and I think that explains where we stand, in terms of presence, who speaks to whom and how these negotiations advance,” European Commission ...

Bloomberg The Catalan government’s determination to break from Spain faces its moment of truth, with the region’s president, Carles Puigdemont, risking immediate arrest if he goes too far down the path of independence. Puigdemont is due to address the Catalan parliament at 6 pm in Barcelona on the outcome of an October 1 referendum ruled illegal by the Constitutional Court. ...

Bloomberg Kenyan opposition presidential candidate Raila Odinga withdrew from a rerun of the country’s annulled presidential election, pushing the East African nation towards a constitutional crisis. Odinga, the leader of the National Super Alliance, said he’s pulling out of the race because the Independent Electoral & Boundaries Commission refuses to discuss proposed changes to its personnel and procedures to ensure ...

Bloomberg Liberians vote on Tuesday to choose a new legislature as well as a president to replace Nobel Peace Prize laureate Ellen Johnson Sirleaf from among 20 candidates who include a retired soccer star, a former warlord and a wealthy chicken farmer. Johnson Sirleaf, Africa’s first elected female president who’s governed the impoverished nation for 12 years, has thrown her ...

Bloomberg Saudi Aramco plans to make “the deepest customer allocation cuts in its history” in oil supplies in November to help reduce global inventories and balance the market. State-run Saudi Arabian Oil Co., known as Aramco, will make an “unprecedented” cut of 560,000 barrels a day in its allocations to customers next month, the Saudi energy ministry said in a ...

Bloomberg Oil traded near $50 a barrel in New York before data forecast to show a third weekly drop in US crude inventories, while Saudi Arabia said it will sell customers considerably less crude than they’re asking for. Futures rose 0.8 percent after advancing 0.6 percent, rebounding from a weekly loss. Crude stockpiles probably slid by 750,000 barrels last week, ...

Bloomberg Iraq and Iran boosted crude exports in September, taking advantage of a slower pace of shipments from rival Saudi Arabia to win buyers in key markets like China and the U.S. Iraq shipped 3.98 million barrels of crude a day, the highest since December, while Iran’s exports rose to 2.28 million barrels a day, the most since February, according ...

Bloomberg Each week, Friggi Oil Service pays a visit to Ai Due Otri, a traditional Sardinian restaurant in central Rome, to pick up what’s left in the frying pan. Leftover oil from this and other restaurants is trucked to a collection area just outside the capital. It’s then taken to a refinery operated by Eni SpA, Italy’s oil and gas ...

Bloomberg Plummeting costs for renewable energy in Australia may tilt the government towards scrapping subsidies designed to encourage use of the technology. A sharp decline in the cost of solar and wind power has raised the prospect of ending the incentives as renewables are now able to compete or even beat fossil fuels. That may give Prime Minister Malcolm Turnbull ...

Bloomberg Nigeria’s state oil company said it wasn’t obliged by law to refer contracts to Petroleum Minister of State Emmanuel Kachikwu for review or approval, dismissing allegations it made at least $24 billion worth of deals without following due process. “The law and the rules do not require a review or discussion with the Minister of State or the NNPC ...