By Georgina McCartney HOUSTON (Reuters) -Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the U.S. and other non-OPEC producers pumped more…
WASHINGTON/NEW YORK (Reuters) -The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production under the 2022 Inflation Reduction Act later this week, according to two sources familiar with…
MOSCOW (Reuters) -Russia’s once-dominant gas supply to Europe via Ukraine, which flowed for decades, is set to end on New Year’s Day with the collapse of a contract between the two warring countries that paid out billions to Moscow in gas…
(Reuters) -The Ukrainian military said on Tuesday its forces had hit a Russian oil depot in the western Smolensk region, setting fire to tanks storing oil products. Ukraine's general staff said on the Telegram app that the depot was used…
On December 18th, the officials voted to reduce the fund’s rate by 25 basis points, tightened their forward guidance on future cuts, and issued a new (SEP) with more and fewer cuts expected.
When the dust settled after Chair Powell’s…
By Robert Harvey LONDON (Reuters) -Oil prices were on track to end 2024 with a second consecutive year of losses on Tuesday, but were steady on the day as data showing an expansion in Chinese manufacturing was balanced by Nigeria targeting…
By Anushree Mukherjee and Brijesh Patel (Reuters) - Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the…
By Daksh Grover and Sherin Elizabeth Varghese (Reuters) - Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and monetary policy easing fuelled the…
Investing.com– Gold prices were largely unchanged in Asian trade on Tuesday amid thin year-end trading, although they were set for stellar yearly gains helped by the U.S. Federal Reserve’s interest rate cuts this year. was largely…