Oil
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By Florence Tan SINGAPORE (Reuters) – Oil prices were little changed on Tuesday as investors focused on geopolitical tensions in the Middle East and optimism the U.S. Federal Reserve would soon start cutting interest rates, lifting global economic growth and fuel demand. Brent crude futures fell 26 cents, or 0.3%, to $79.13 a barrel by […]
A trader counts new 2,000-rupee notes at a wholesale vegetable market in Bangalore, IndiaAP Photo/Aijaz Rahi India’s efforts to achieve increased international acceptance for its currency are floundering. No oil trades were settled in rupees during the financial year 2022-2023, the Press Trust of India reported. Countries from China to Russia and India have been […]
A chemical tanker in the Indian Ocean was struck by a drone launched directly from Iran early Saturday, the Pentagon said, signaling a widening risk to shipping after Yemeni rebels started attacking vessels in the Red Sea. “The motor vessel Chem Pluto, a Liberia-flagged, Japanese-owned, and Netherlands-operated chemical tanker . . .
Yemen’s Houthis claim attack on Norwegian tanker Draft COP28 climate deal drops call to ‘phase out’ fossil fuels U.S. crude inventories likely fell last week Coming up: API oil supply report
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing Rights
Top US diplomat Blinken reaffirms support for Guyana’s sovereignty as Venezuela threatens to annex its Essequibo region. The United States says it is fully backing Guyana against Venezuela’s threat to annex its oil-rich western territory as tensions soar over their border dispute. US Secretary of State Antony Blinken reaffirmed Washington’s position that Guyana has full […]
Curbing global warming is hellishly difficult, but one way is to slash emissions of methane, a potent greenhouse gas that is about 80 times more powerful than carbon dioxide in trapping heat in the atmosphere. Methane emissions are on the rise and, according to a new study of satellite data, are . . .
US points to $400 billion in climate subsidies US unveils rules to cut own methane output Major fossil firms pledge to cut emissions from own operations 56 countries commit to accelerating decarbonisation of industry
An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo Acquire Licensing Rights Dec 2 . . .
Russian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights