By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from reports of escalating conflict in the Middle East. futures closed $2.41, or 3.05%, at…
CAIRO (Reuters) - At least 30 people were killed in a dam collapse in Sudan, the U.N. said on Monday, citing local officials, adding that the total number could be much higher. Twenty villages were also destroyed following the dam's…
By David Lawder WASHINGTON (Reuters) - The Biden-Harris administration this week is expected to announce final implementation plans for steep tariff increases on certain Chinese imports, and if U.S. industry gets its way, many of the…
By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell (LON:) on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24, limiting flows of some light crude…
Investing.com -- Oil prices rallied Monday, driven by Libya output cuts and fresh concerns about a wider escalation in the Middle East following an escalation in Israel-Hezbollah tensions and waning hopes for a Gaza ceasefire. …
By Allison Lampert and Maki Shiraki MONTREAL/TOKYO (Reuters) - Aviation officials from Asia are making a case for global action to reduce injuries from turbulence, with recent high-profile incidents driving calls to improve forecasting…
MOSCOW (Reuters) -Seven people were in hospital, with one in a serious condition, after a fire at Russia's Omsk oil refinery, the local governor said on Monday, although the plant said it was operating as normal and production plans would…
By Sabrina Valle HOUSTON (Reuters) - Exxon Mobil (NYSE:) said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's levels, a forecast 25% higher than top European rival BP…
Investing.com -- In the Middle East and North Africa (MENA) region, recent geopolitical developments have increased attention to oil markets, with Libya's escalating situation receiving particular attention. The ongoing tensions…