Bahrain discovers largest oil and gas field

DUBAI, Apr 02 (AFP): Bahrain on Sunday announced it has discovered the largest oil and gas field in the history of the small kingdom, which unlike its Gulf neighbours is not energy-rich. "The new resource is forecast to contain highly significant quantities of tight (light crude) oil and deep gas,...

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US-China trade tensions push up gold price

LONDON, Apr 02 (Reuters): Gold snapped a three-session losing streak on Monday as the dollar fell and China raised tariffs on U.S. products, escalating global tensions over trade. China imposed extra tariffs of up to 25 per cent on 128 U.S. products including frozen pork, as well as wine and...

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Oil prices rise slightly

SINGAPORE/BEIJING, Apr 02 (Reuters): Oil prices rose on Monday, lifted by a drop in U.S. drilling activity as well as by expectations that the United States could re-introduce sanctions against Iran.U.S. WTI crude futures were at $65.21 barrel at 0122 GMT, up 27 cents, or 0.4 per cent, from their...

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