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World 24 Sep 2020 | 6:42 PM

Fire-hit supertanker owner to pay £1.4 million for Sri Lanka's help

COLOMBO/NEW DELHI (Reuters) - The owners the New Diamond supertanker which caught fire with a cargo of two million barrels of oil aboard has agreed to pay 340 million rupees (£1.44 million) to Sri Lanka for its help in extinguishing the blaze and averting disaster.

World 24 Sep 2020 | 9:14 AM

Saudis warn U.N. of oil spot in shipping lane near decaying Yemen tanker

NEW YORK (Reuters) - Saudi Arabia warned the U.N. Security Council on Wednesday that an "oil spot" had been seen in a shipping transit area 31 miles (50 km) west of a decaying tanker that is threatening to spill 1.1 million barrels of crude oil off the coast of Yemen.

World 24 Sep 2020 | 7:51 AM

North Korean troops killed missing South Korean, then burned body, Seoul says

SEOUL (Reuters) - A South Korean fisheries official who went missing this week was questioned on a North Korean patrol boat before being shot dead by troops who then doused his body in oil and set it on fire, South Korea's military said on Thursday.

World 24 Sep 2020 | 3:56 AM

Oil prices climb as U.S. inventories slide

NEW YORK, Sept. 23 (Xinhua) -- Oil prices ended Wednesday's session with modest gains after data showed U.S. crude stockpiles decreased last week.