SINGAPORE (Commodity Online) : World oil prices eased in Asian trade Thursday after overnight gains on reports of positive manufacturing data’s from the US and China, world’s leading oil consumers.

Light sweet crud for October delivery was seen trading at $73.71 a barrel at 11.30 a.m Singapore time while Brent crude for delivery in October was at $76.08 a barrel in London.

BRUSSELS, BELGIUM (Commodity Online): Wednesday marked the end for the 75-watt incandescent light bulb for European consumers, the European Parliament announced.

WASHINGTON, DC (Commodity Online):The heat in the upper six miles of Earth's crust contains many times the energy found in all the world's oil and gas reserves combined, experts say.

MANILA (Commodity Online) : In its efforts to support renewable energy projects across Asia, the Asian Development Bank said it is planning to issue its first Clean Energy bond.

In a statement, ADB said the bond is expected to be issued in September, targeting Japanese retail investors.

WASHINGTON (Commodity Online) : Contrary to popular belief, small diesel vehicles are more environmentally friendly than their lithium-ion battery counterparts, a study suggests.