Saudi crude oil prices to Asia slump to 4-year low on weak demand

DUBAI, Dec 8 (Reuters):The world's biggest crude oil exporter Saudi Aramco has cut its January 2025 prices for Asian buyers to the lowest level since early 2021 as weak demand from top importer China weighs on the market, it said on Sunday.Aramco cut the official selling price (OSP) for flagship...

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Nippon Steel committed to US Steel takeover, says executive

TOKYO, Dec 8 (Reuters): Japan's Nippon Steel is committed to its $15 billion acquisition of US Steel and is confident of completing it by year-end, a senior executive said, despite strong US opposition including from President-elect Donald Trump."We will not give up on the deal... There is no global strategy...

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Airlines not switching quickly enough to green jet fuel: Study

Most of the world's airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group Transport and Environment, which also found too little investment by oil producers in the transition, reports Reuters.The airline sector is calling for more production of the fuel,...

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