James Fontanella-Khan Spot News

Oil trades near one-month high on speculation demand to recover
Oil may rise to $80 a barrel by the end of the year (Bloomberg)

India rejects emissions cuts for a decade
New Delhi stays tough ahead of global talks (FT)

Cash squeeze hits oil industry
Italian oil company becomes first to cut its dividend (FT)

Bitter cost of replacing oil reserves
Oil majors have struggled to replace crude-oil and natural-gas reserves (WSJ)

China plans to keep current fuel-pricing system, government says
Fuel pricing mechanism has helped ensure supplies (Bloomberg)

New Suncor likely to pump up investor attention
Canada’s top oil firm expected to be a must-have stock (Reuters)

Wind industry body deals Vestas blow
Industry’s own association admits plant should be closed (FT)

China and India probe Himalayan glaciers
Glaciers are crucial to both countries’ water supply (FT)