Oil prices stable ahead of Trump-Putin meeting in Alaska

LONDON, Aug 14 (Reuters): Oil prices were stable on Thursday as investors weighed the potential impact of the upcoming US-Russia summit on Ukraine on Russian crude flows, after US President Donald Trump warned of "severe consequences" for Moscow if it does not agree to peace.Brent crude futures were up 49...

US oil group challenges Trump plan to cut biofuel import credits

NEW YORK, Aug 14 (Reuters): A top US oil trade group on Thursday joined a chorus of complaints against a new government proposal to slash incentives for biofuel imports, testing the Trump administration's resolve to keep the policy in the upcoming months.The mounting criticism puts the White House in the...