By Shariq Khan (Reuters) - Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to evacuate platforms before it hit the coast of Louisiana.…
By Ned Randolph NEW ORLEANS (Reuters) -Storm Francine barreled across the U.S. South on Thursday, pounding the region with heavy rains and gusty winds while causing widespread power outages for hundreds of thousands of homes and…
Forget about a recession in the US. Currently, it is China's recession/depression that is weighing on prices, global bond yields, and the . Weak Chinese demand for oil caused OPEC today to trim the outlook for global oil demand, further…
Deals20 August 2024, 8:36 pm 1 minute
Reuters exclusively reported that India’s antitrust body has reached an initial assessment that the $8.5 billion India merger of Reliance and Walt…
New York, USA. — The Mastercard Foundation is expanding its long-standing partnerships with the Campaign for Female Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support over 70,400 young women and…
By Shariq Khan NEW YORK (Reuters) -Oil prices rose over 2% on Thursday as producers assessed the impact on output in the U.S. Gulf of Mexico after Hurricane Francine tore through offshore oil-producing areas before being downgraded to a…
ATHENS (Reuters) -Experts will this week resume a risky operation to salvage the Sounion tanker that was repeatedly attacked by Yemen's Houthis in the Red Sea last month and still holds about one million barrels of , maritime sources said…
(Reuters) - There is a 71% chance of La Nina weather conditions developing during the September to November period, a U.S. government forecaster said on Thursday. The weather conditions are expected to persist through the January-March…
By Shariq Khan NEW YORK (Reuters) - U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month, shortly before they go to vote in November's presidential election, analysts…
Investing.com -- Analysts at HSBC flagged growing downside risks for commodities, despite prices holding up at elevated levels for much of the previous 18 months. While supply-side constraints have primarily driven commodity prices,…