BEIJING (Reuters) - Oil prices fell for a second day on Wednesday after a report that crude stockpiles in the United States, the world's biggest oil user, surged and on signs major producers are unlikely to change their output policy at a…
MOSCOW (Reuters) - Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates (UAE) become more wary of U.S. secondary sanctions, eight sources familiar with…
As the steadier measures of inflation (core, median, or sticky depending on your preferences) have started to overshoot expectations slightly – the y/y measures continue to decline, but slower than expected as the m/m numbers have…
Investing.com-- Gold prices kept to a tight range in Asian trade on Wednesday, as an overnight rebound was largely stalled by strength in the dollar before more key signals on inflation and interest rates. The yellow metal tumbled…
Investing.com-- Oil prices fell in Asian trade on Wednesday after industry data showing a surprise, outsized build in U.S. inventories challenged the notion of tighter markets in the near-term. Pressure from a resilient dollar, ahead…
By Shariq Khan NEW YORK (Reuters) - The Colonial Pipeline Company on Tuesday paused nominations to ship fuel on cycles 15 and 16 on Line 32, which delivers products to its Curtis Bay facility in the port of Baltimore, according to a notice…
By Georgina McCartney HOUSTON (Reuters) - The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large vessels should run, is complicating that…
By Laura Sanicola (Reuters) -Oil prices settled lower on Tuesday as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks. Front-month futures due to expire on Thursday settled down 50…
Investing.com -- U.S. crude stockpiles unexpectedly swelled last week, the API reported Tuesday, belying the recent trend of larger declines fueled by the ongoing recovery in refinery activity. , the U.S. benchmark, traded at $81.25 a…