The weakening outlook for oil
consumption coupled with rising output from U.S. shale and
softer than expected U.S. sanctions on Iran have convinced most
traders the market is moving into a period of oversupply.
South Korea's main stock exchange
has decided Samsung BioLogics Co Ltd is qualified to
continue trading on the exchange and that the company's shares
will resume trading on Tuesday, the bourse said on Monday.
A Kenyan court on Monday charged
senior officials from the state-run oil pipeline and others from
the state health insurance fund for abuse of office and economic
crimes that led to the loss of billions of shillings from the