Oil Rises as Price Plunge Puts Pressure on OPEC to Act

Brent advanced on speculation that the drop in prices below $80 a barrel for the first time in four years increases the likelihood that OPEC will curb output.

Modi Eases Fuel Controls in Move to Revive India Economy

India scrapped controls on diesel prices and increased natural gas tariffs in Prime Minister Narendra Modi’s biggest steps toward curbing subsidies, spurring energy output and reviving the economy.

We need Government help, says UK Coal

A major fire at its Daw Mill Colliery could threaten the viability of operator UK Coal, its chief executive has warned.The fire, which started on Friday, forced UK Coal to evacuate more than 100 underground workers from Daw Mill, one of three deep coal mines it operates.