Energy

Crude Oil Falls a Second Day as Dollar Gains Versus Euro, Equities Decline Crude oil fell for a second day as the dollar strengthened against the euro, reducing the appeal of commodities to investors, and equity markets declined.

Eni to Pay Over $1.5 Billion for Heritage Oil's Uganda Fields, Times Says Eni SpA, Italy’s biggest energy company, will pay $1.5 billion for Heritage Oil Plc’s fields in Uganda, the London-based Sunday Times reported, without saying where it got the information.

Valero Closes Third U.S. Oil Refinery, Petroplus Shuts U.K. Plant: Table Valero Energy Corp. said it will permanently close its Delaware City, Delaware, refinery because of “very poor economic conditions.” The 190,200 barrel-a-day plant is the third U.S. refinery to shutter because of weak fuel demand.

Fuel Supplies, Dollar Leave Analysts Split on Crude Outlook, Survey Shows Analysts surveyed by Bloomberg News were split over whether crude oil prices will fall or be little changed next week amid a weak dollar and ample fuel supplies.

Qatar Petroleum Sells Nine Cargoes of Al-Shaheen Crude for January Loading Qatar Petroleum, the country’s state-owned oil producer, sold Al-Shaheen crude for loading in January to SK Energy Co., Exxon Mobil Corp., Chevron Corp., Reliance Petroleum Ltd. and ConocoPhillips, said three traders who submitted offers for the cargoes.