Aramco plans to buy Shell’s stake in Saudi refining JV

DUBAI, Apr 17 (Reuters): Saudi Aramco plans to buy Royal Dutch Shell's 50 per cent stake in Saudi refining complex SASREF, a joint venture between the firms, two sources said on Wednesday.One of the sources said an agreement has been reached between Aramco and Shell.Aramco and Shell declined to comment.Energy...

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Gold holds near four-month low

BENGALURU, Apr 17 (Reuters): Gold prices on Wednesday held near 4-1/2-month lows touched in the previous session as economic data from China tempered concerns about global growth, boosting riskier assets.Spot gold was mostly steady at $1,275.96 per ounce as of 0955 GMT, having fallen as much as 1.2 per cent...

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Oil hits 2019 high above $72 on China growth

LONDON, Apr 17 (Reuters): Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in US crude stocks which defied expectations and signaled firm demand, while global supply remained tight.International benchmark Brent crude futures were up 28 cents,...

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