By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional sanctions on Russia and Iran could tighten supplies and that lower interest rates in Europe and the…
By Anastasiia Malenko and Pavel Polityuk KYIV (Reuters) -Russia hammered Ukrainian energy facilities in a massive aerial attack on Friday that President Volodymyr Zelenskiy said was one of the largest yet on the ailing grid and evidence of…
On Wednesday, the cut its key benchmark rate by 50bps. They have now cut by 150 bps in 2024, compared to what will likely be 100 bps for the after next week’s meeting. Unlike the Fed, Canada’s central bank is fighting off a recession.…
By Olga Popova, Gleb Stolyarov and Jonathan Saul MOSCOW/LONDON (Reuters) - Russian wheat supplies to Syria have been suspended because of uncertainty about the new government and payment delays, Russian and Syrian sources said on Friday,…
Investing.com-- Oil prices rose Friday, on track for hefty weekly gains, on optimism around top importer China’s fresh stimulus measures as well as the potential for additional sanctions on Russia.At 08:15 ET (13:15 GMT), traded 0.4%…
By Julia Payne and Robert Harvey LONDON (Reuters) - Global commodity trading house Trafigura saw a sharp drop in its earnings for 2024 and has revised down its equity and profits for previous years after it discovered a billion-dollar oil…
By Stephanie van den Berg THE HAGUE (Reuters) - The World Court concludes hearings on Friday on countries' legal obligation to fight climate change and whether large states contributing most to greenhouse-gas emissions may be liable for…
By Forrest Crellin PARIS (Reuters) - The shale drilling techniques that led to a boom in oil and gas output have also spurred the development of geothermal, which in theory could provide a stable source of power equal to the demand of…
Analysis from UBS indicates a decrease in the risk premium for European gas, as stable Russian supply has led to a drop in TTF futures below €45/MWh, down from earlier winter highs of €49/MWh. Despite ongoing uncertainties around Russian…