By David Alire Garcia (Reuters) -The U.S. is closely studying imposing new sanctions on individuals in Venezuela as well as potentially revoking licenses for oil companies working there, a senior U.S. official said on Friday, in response…
By Georgina McCartney HOUSTON (Reuters) - Oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher global supply against fresh stimulus from top crude importer China. futures settled up 38…
(Reuters) -The port of Montreal on Friday said customers would experience an operational slowdown after a union issued a notice for a three-day strike next week at two terminals that account for 41% of its container traffic. "The…
By David Shepardson and Lisa Baertlein (Reuters) -The Biden administration is urging the union and employers to negotiate in good faith and quickly reach a new contract deal ahead of a potential Tuesday strike at ports on the U.S. East…
Investing.com -- Oil prices were choppy on Friday, but remained on pace for a weekly decline, as traders assessed stimulus measures out of China and the prospect of increased output from Libya and the OPEC+ oil group.
As of 09:43 ET (13:43…
By P.J. Huffstutter, David Shepardson CHICAGO/WASHINGTON (Reuters) -Nearly 200 agriculture organizations on Friday morning urged the White House to address key U.S. agricultural supply chain issues in the face of a potential port strike on…
KAMPALA (Reuters) - Uganda's government plans to cut spending by just over a fifth and domestic borrowing by just over a half in the 2025/26 (July-June) fiscal year, the finance ministry said on Friday. Uganda's rising public debt load…
By Arathy Somasekhar HOUSTON (Reuters) - Rising oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance of the Cushing, Oklahoma, storage hub. Since…
With the US presidential elections just a few weeks away, we take a look at the economic and social program of the Democratic candidate for the White House.
Following the interest rate cut announced by the Federal Reserve last Wednesday,…
(Reuters) - Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters. futures fell 57 cents, or 0.8%, to…