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Oil jumps after further drone attacks on Iraq oil fields
Oil prices rose on Thursday after drones struck Iraqi Kurdistan oil fields for a fourth day, pointing to continued risk in the volatile region. Brent crude futures gained 84 cents, or 1.23%, to $69.36 ...
Trump trade regulators reverse Biden-era block on oil board seats
John Hess and Scott Sheffield can become directors of Chevron and ExxonMobil under merger agreements
Oil eases 1% as US fuel stock builds put focus on demand
Oil prices fell about 1% on Wednesday as U.S. fuel inventory builds reinforced views in the market of shrinking demand as the wider economic impact from U.S. tariffs could curb consumption. Brent ...
How Canada's oil sands transformed into one of North America's lowest-cost plays
By Amanda Stephenson CALGARY (Reuters) -Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and Suncor become some of North ...
Oil eases as US fuel stockbuild put focus on demand
Oil prices edged lower on Wednesday as U.S. fuel inventory builds and concerns about wider economic impact from U.S. tariffs outweighed some signs of stronger Chinese crude consumption. Brent crude ...
Oil Futures Settle Above Lows as U.S. Crude Stocks Decline
Oil futures extended losses to three sessions, but pulled up from early lows as the EIA reports a 3.9 million barrel weekly draw in U.S. crude oil stocks following large builds the previous two weeks.
Energy Slips as Traders Hedge on Oil View - Energy Roundup
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.9 million barrels to 422.2 million barrels in the week ended July 11, and were about 8% below the five-year average for ...
Trump says Coca-Cola will use cane sugar in US production of Coke
President says beverage giant will switch back to its old primary sweetener in cola produced domestically
Exxon restarts purchases of Mars crude after brief pause over zinc issues, sources say
Oil major Exxon Mobil bought Mars crude for August delivery, two sources said on Wednesday, after briefly halting purchases of the flagship offshore grade due to a zinc contamination issue.
Oil rises as demand hopes and economic data lift sentiment
Oil prices rose in early trade on Thursday, reversing the previous session's losses, buoyed by stronger-than-expected economic data from the world’s top oil consumers and signs of easing trade ...
Oil Rises, Aided by Unexpected Fall in U.S. Crude Inventories
Oil rises in early Asian trade, aided by an unexpected fall in U.S. crude inventories. EIA data released overnight showed commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by ...
Big launch, small gains: Bobby Jain struggles to match hedge fund giants
A year on from the start of trading, high costs and a slow build-up mean Jain Global is at the bottom of the pack of so-called multi-managers that it is seeking to challenge. “This is a Darwinian ...
The bitcoin rally
Bitcoin has had a nice rally in the past month or so, moving from $100,000 to $120,000: ...
Oil in Narrow Range Amid U.S. Demand Signals, Trump’s Tariff Plans
Oil prices traded within a narrow range as investors assessed U.S. demand signals and monitored global trade developments.
Oil prices inch up on geopolitical risks, easing tariff worries
Oil prices edged up on Thursday on signs of easing trade tensions, stronger than expected economic data from the world's top oil consumers and renewed risks in the Middle East. Brent crude futures ...
India's oil minister sees scope for lower fuel prices if crude prices remain stable
India has the scope to cut fuel prices if crude oil prices stay at current levels for the next two to three months, Oil Minister Hardeep Singh Puri said on Thursday.
Rio Tinto opts for ‘status quo’ with Simon Trott as new boss
Head of group’s iron ore business will take top job in August
Inside Mark Carney’s ‘grand bargain’ with the Canadian oil industry
The prime minister, a longtime climate finance advocate, has set about restoring relations with the fossil fuel industry
The small mining company that won backing from the Pentagon — and Apple
MP Materials secured investment as Donald Trump sought to counter China and take a new approach to national defence
Oil eases as Trump's 50-day deadline for Russia reduces supply fears
Oil prices edged lower on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased concerns about any immediate supply disruption. Brent ...
Nymex Overview: Oil Drops on Dollar Gain After U.S. Inflation Upticks -- OPIS
Refined product prices have so far outperformed crude futures. September Nymex RBOB was up 0.8ct at $2.133/gal and August RBOB was 1.6ct higher at $2.1816/gal. September ULSD rose 2cts to $2.3875/gal, ...
US banks say consumers are ‘healthy’ despite economic uncertainty
Jeremy Barnum, JPMorgan’s chief financial officer, echoed that sentiment, noting that the biggest US bank by assets continued “to struggle to see signs of weakness” in US consumer credit. Wells Fargo ...
Analysts See U.S. Crude Oil Inventories Unchanged
Commercial crude oil stocks are seen unchanged at 426 million barrels in the week ended July 11, according to the average estimate of 10 analysts and traders. Six expect an increase and four predict a ...
Oil Futures Lose Ground With U.S. Tariffs, Sanctions on Hold
Oil futures were lower with the market taking U.S. threats of Russia sanctions in stride given the 50-day deadline, and the August 1 deadline for the latest tariff threats to go into effect.
Oil Falls As Eventual Oversupply Concerns Weigh
Oil futures settled lower for a second straight session with the market continuing to brush off U.S. threats of sanctions against Russia and returning focus to the likelihood of oversupply after the ...
Oil slips as Trump's 50-day deadline for Russia eases supply fears
Oil prices dropped by less than 1% on Tuesday after U.S. President Donald Trump's 50-day deadline for Russia to end the war in Ukraine and avoid sanctions eased concerns about any immediate supply ...
Central banks are increasingly buying gold from local mines as prices surge
"One trend that we're seeing is that some central banks, especially in Africa, Latin America, are starting to buy gold directly from domestic, small-scale gold mines, which have really proliferated ...
Oil prices gain on demand expectations amid improving economy
Oil prices rose on Wednesday on expectations of steady demand in the U.S. and China, the world's two largest oil users, amid an improving economic outlook. Brent crude futures rose 29 cents, or 0.42%, ...
GAIL eyes long-term LNG deal from 2027 linked to Brent crude prices
The Indian company is looking to buy six cargoes of the super chilled gas in 2027, and eight cargoes in the second year of the deal ...
Brussels pushes schools to serve ‘Made in Europe’ fruit and veg
Brussels will propose that fruit, vegetable and milk in schools should be “Made in Europe” as part of a wider push to favour domestic industries from defence to agriculture.
Oil prices gain on summer demand hopes despite wider economy woes
Oil prices rose on Wednesday, boosted by expectations of firm summer demand in the world's two largest consumers, the United States and China, though gains were capped by analysts' caution about the ...
China's surplus crude oil surges in June, giving refiners options
China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years outweighed a rise in refinery processing.
Oil prices gain on summer demand expectations despite wider economy woes
Oil prices rose on Wednesday, boosted by expectations of firm summer demand in the world's two largest consumers, the United States and China, though gains were capped by analysts' caution about the ...
Brussels pushes schools to serve ‘made in Europe’ fruit and vegetables
Brussels will propose that fruit, vegetable and milk in schools should be “Made in Europe” as part of a wider push to favour domestic industries from defence to agriculture.
Oil prices steady as investors weigh trade war impact
Oil prices steadied on Wednesday, as signs of stronger Chinese crude consumption were outweighed by investor caution about the wider economic impact from U.S. tariffs. Prices have seesawed in a tight ...
Oil in Narrow Range Amid Short-Term Supply Tightness, Macro Uncertainties
Oil remained in a tight range as traders weighed signals of short-term market tightness and persistent uncertainty over U.S. trade talks with global partners.
Oil prices slip as investors weigh trade war impact
Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution about the wider economic impact from U.S. tariffs.
Oil Futures Lower Ahead of U.S. Inventory Data
Crude futures were lower for a third session in a row with the market refocusing on supply and demand balances after putting concerns about U.S. tariffs and Russia sanctions on hold.
Saudi Arabia to boost renewables with $8bn investment
ACWA Power leads consortium that will build five solar and two wind projects in the kingdom
Saudi Arabia to boost renewable energy with $8bn investment
ACWA Power leads consortium that will build five solar and two wind projects in the kingdom
Oil edges down as market contemplates potential sanctions, tariffs
Oil prices edged down on Tuesday as the market digested U.S. President Donald Trump's 50-day deadline for Russia to end the Ukraine war and avoid sanctions on buyers of its oil, while worries ...
India looks for ‘low-hanging fruit’ in high stakes US trade talks
“I think there’s going to be an early harvest ‘lite’ deal because the stakes are quite high for India,” says Biswajit Dhar, a trade economist. He is betting that the two sides will pluck “low-hanging ...
China’s June oil throughput surges as state-owned refineries ramp up operations
China’s crude oil throughput in June rose 8.5% from a year earlier, official data showed on Tuesday, as state-owned refineries increased operations and saw a recovery in profit, according to ...
How a small mining company won a big investment from the Pentagon
MP Materials won US backing as Trump sought to counter China and take a new approach to national defence
The small mining company that won a big investment from the Pentagon
MP Materials secured US backing as Trump sought to counter China and take a new approach to national defence
Oil falls as Trump's 50-day deadline for Russia eases supply fears
Oil prices fell on Tuesday after U.S. President Donald Trump's lengthy 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased immediate supply concerns. Brent crude futures fell ...