Shell profit up on higher volumes, lower costs

London: British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs helped to offset falling oil and gas prices.Profit…

Oil drops on US-Iran talks

TOKYO/SINGAPORE: Oil prices fell more than $1 a barrel on Thursday after the United States and Iran agreed to hold talks in Oman on Friday, easing concerns that a potential militar…

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