Big oil enters 2024 strengthened by U.S. industry consolidation
(Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023, taking advantage of companies’…
Iran undoes slowdown in enrichment of uranium to near weapons-grade -IAEA
(Reuters) – Iran has reversed a months-long slowdown in the rate at which it is enriching uranium to up to…
Oil rises on Middle East tensions and US rate cut hopes
(Reuters) – Oil extended gains on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that…
Gold prices steady above $2,000 as Fed rate cut bets persist
Gold prices steadied on Wednesday, sticking to a trading range established over the past week amid persistent bets that the…
Oil inches higher as traders monitor Red Sea tensions
(Reuters) – Oil rose slightly on Wednesday as investors kept an eye on the situation in the Red Sea after…
Gold prices creep lower as Fed officials downplay rate cut bets
Gold prices fell slightly on Tuesday after several Federal Reserve officials downplayed expectations that a dovish pivot by the central…
Oil prices benefit from dovish Fed, weak dollar and IEA demand upgrade
Oil prices rose sharply Thursday, boosted by the improving risk sentiment in the wake of the dovish Federal Reserve meeting…
Oil rises after Houthi attack on ship, weak sentiment weighs
(Reuters) – Oil rose on Tuesday as an attack by the Iran-aligned Houthis on a chemical tanker escalated geopolitical tension…
New COP28 draft deal stops short of fossil fuel ‘phase out’
(Reuters) -A draft of a potential climate deal at the COP28 summit on Monday suggested a range of options countries…
Oil extends gains on US strategic reserve purchases
(Reuters) – Oil prices rose on Monday, extending gains for a second session as U.S. efforts to replenish strategic reserves…