Mercuria Energy Trading SA bought two North Sea Forties crude cargoes at lower prices than yesterday. Eni SpA purchased Urals blend at bigger discounts to Dated Brent in northwest Europe than previous trade.
Winds exceeding 100 miles an hour and heavy rain battered Scotland and parts of England, killing a truck driver and disrupting rail services as storms sweep across the North Atlantic and the North Sea.
BP Plc failed to buy North Sea Forties crude at a lower price than a previous bid. While OAO Surgutneftegas awarded Russian Urals crude in a tender, there were no bids or offers for the grade in the trading window for a sixth session.
Microsoft Corp. will take over Nokia Oyj’s glass-walled headquarters, one of Finland’s best-known buildings, once the software giant’s deal to buy the Finnish company’s mobile-phone business is completed.