Investing.com-- Oil prices cut gains to settle lower Wednesday, as a surprise build in U.S. stockpiles pointing an easing in the summer-travel feuled boost to demand.At 14:30 ET (18:30 GMT), fell 1.2% to $79.76 a barrel, while slipped 1.8%…
PECOS COUNTY, Texas (Reuters) - On a sprawling ranch in Pecos County in late July, oil well control specialist Hawk Dunlap used a backhoe to uncover an abandoned or so-called zombie well that had sprung back to life despite being plugged…
By Arathy Somasekhar HOUSTON (Reuters) - Oil prices settled 1% lower on Wednesday after inventories rose unexpectedly and as worries eased slightly that a wider Middle East conflict could threaten supplies from one of the world's major…
By Gary McWilliams HOUSTON (Reuters) - An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5 billion barrels of previously inaccessible crude into production, analysts said. Chevron…
By Seher Dareen and Shariq Khan NEW YORK (Reuters) -Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead. Global oil demand has not…
Base metal prices have seen a decline after a strong rally in the second quarter of 2024. and have particularly given back most of their year-to-date gains, driven by concerns over weak demand and economic uncertainty. However, BofA…
By Rachel More and Anna Wlodarczak-Semczuk BERLIN (Reuters) -Poland received a European arrest warrant issued by Berlin in connection with the 2022 attack on Nord Stream pipelines, but the suspect, a Ukrainian man named as Volodymyr Z, has…
By Fabian Cambero and Alexander Villegas SANTIAGO (Reuters) -A powerful workers union behind a strike at BHP's huge Escondida mine, which produced nearly 5% of the world's in 2023, is looking to snarl production at the site as it pushes…
In recent weeks, the market narrative has shifted. Concerns over a potential recession have overtaken inflation fears, as the labor market shows signs of weakening.
After a lower-than-expected release yesterday, today's data is…
Investing.com-- Gold prices fell slightly in Asian trade on Wednesday, but remained in sight of a record high as traders positioned for signs of easing consumer inflation after a soft reading on producer inflation.The dollar came close to…