Russian Foreign Minister Sergei Lavrov postponed a planned visit to Minsk after the death of his Belarusian counterpart, Vladimir Makei. No cause of death was given for the 64-year-old diplomat, a former chief of staff to President Alexander Lukashenko.
Kuwait Petroleum Corp. exported its first shipment of aviation jet fuel from the country’s newly commissioned Al-Zour mega-refinery.
The value of rare Scotch whiskies has climbed by more than a fifth this year as younger investors sought tangible assets amid volatile financial markets, the Financial Times reported.
Saudi Aramco Base Oil Co., a refining unit of the state-owned oil producer, named banks including Citigroup and HSBC Holdings Plc for its initial public offering on the Saudi stock exchange, which could raise about $1 billion.
Iraq, OPEC’s second largest producer, plans to start increasing oil export capacity from its southern ports from next year to add a total of 1 million to 1.5 million barrels a day by 2025, according to its OPEC delegate.
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