Texas oil regulator under scrutiny as zombie wells gush back to life
PECOS COUNTY, Texas (Reuters) - On a sprawling ranch in Pecos County in late July, oil well control specialist Hawk Dunlap used a backhoe…
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Oil prices settle 1% lower after surprise rise in US crude stockpiles
By Arathy Somasekhar HOUSTON (Reuters) - Oil prices settled 1% lower on Wednesday after inventories rose unexpectedly and as worries eased…
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New drilling technology to put billions of barrels of oil in reach, analysts say
By Gary McWilliams HOUSTON (Reuters) - An oil production breakthrough that producers say can safely tap ultra-high pressure fields could…
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Slowing global jet fuel consumption adds to oil demand concern
By Seher Dareen and Shariq Khan NEW YORK (Reuters) -Global jet fuel demand is poised to soften as a slowdown in consumer spending hits…
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Downside to base metal prices should be limited from here: BofA
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…
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Poland received German request to arrest Nord Stream suspect but he’s left country,…
By Rachel More and Anna Wlodarczak-Semczuk BERLIN (Reuters) -Poland received a European arrest warrant issued by Berlin in connection with…
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Could a union halt production at the world’s biggest copper mine?
By Fabian Cambero and Alexander Villegas SANTIAGO (Reuters) -A powerful workers union behind a strike at BHP's huge Escondida mine, which…
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CPI Preview: Data May Throw Cold Water on a 50bps Cut in September
In recent weeks, the market narrative has shifted. Concerns over a potential recession have overtaken inflation fears, as the labor…
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Gold prices close to record highs on bets of softer CPI reading
Investing.com-- Gold prices fell slightly in Asian trade on Wednesday, but remained in sight of a record high as traders positioned for…
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Economic Growth Expected to Slow in Q3, but Recession Risks Remain Low
Early assessments of third-quarter for the US point to a slowdown vs. Q2, based on the median nowcast for estimates compiled by…
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