Global oil demand seen growing by 700,000 to 1.3 mln ... while soft demand growth in China will put downward pressure on prices," said Matthew Sherwood, lead commodities analyst at EIU.

The demonstration mission from a California-based firm named K2 aims to "burn down" the risk of the technology that will fly on the company's first full-sized satellite. So far, so good ...

TRIPOLI, Jan 18 (Reuters) - Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the acting oil and gas minister, Khalifa Abdulsadek ...