By Mariela Nava and Mircely Guanipa MARACAIBO (Reuters) -At least 21 people including workers, neighbors and firefighters were injured on Tuesday in a fire at a crude storage tank in Venezuela's La Salina oil terminal, operated by state…
Fears of a US recession in the near term have faded recently, but rate cuts are still on the agenda. The combination of a robust economy and expectations for monetary easing strike some observers as misguided, but Federal Reserve…
On Monday, the Committee on Budgets approved Belgium’s request for €2.7 million in EU aid through the European Globalisation Adjustment Fund for Displaced Workers (EGF). The aid will support 365 former Match-Smatch employees, who lost…
HOUSTON (Reuters) -Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after a media report said Israel would not strike Iranian nuclear and oil sites, easing fears of a supply disruption.…
HOUSTON (Reuters) - ConocoPhillips (NYSE:) has filed a court motion to preserve the U.S. oil producer's almost top priority among Citgo Petroleum creditors to cash proceeds from an auction of shares in the parent of the Venezuela-owned…
MOSCOW (Reuters) - The Russian General Prosecutor's office was seeking to collect more than 1 billion euro ($1.09 billion) in damages from international energy major Shell (LON:), the RIA news agency reported on Tuesday, citing the Moscow…
Investing.com - The market became increasingly bearish on industrial metals during the third quarter, according to UBS, but US rate cuts and the coordinated stimulus by China in October have improved the risk/reward basis.The moves to…
Investing.com -- Oil prices fell sharply Tuesday, extending recent losses amid growing concerns over a demand slowdown, while a report suggesting that Israel will not attack Iranian oil facilities also weighed. At 08:10 ET (12:10…