Exclusive-France, US to propose ban on private finance to coal-fired plants at COP28
(Reuters) – France, backed by the United States, plans to seek a halt to private financing for coal-based power plants…
US Coast Guard seeks source of some 1.1 million gallons of crude oil in Gulf of Mexico
(Reuters) – The U.S. Coast Guard on Monday said it was still looking for the source of a leak from…
Oil retreats on caution ahead of OPEC+ meeting
(Reuters) – Oil fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned cautious ahead…
Gold prices steady, set for strong week as Fed rate fears ease
Gold prices rose slightly on Friday and were headed for a strong weekly performance as more weak U.S. economic data…
Crude oil surges after U.S. inflation cools, IEA lifts forecasts
Oil prices rose Tuesday, boosted by signs of cooling inflation in the U.S. as well as the International Energy Agency…
Oil climbs as IEA lifts demand growth forecast
(Reuters) – Oil prices edged higher on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts, adding…
Chevron takeover of Hess resurrects multi-billion dollar tax shield
(Reuters) – Chevron’s deal to buy Hess (NYSE:HES) will unlock $15 billion worth of tax benefits that had once been…
Gold prices sink below $1,950 as CPI data looms
Gold prices fell below key levels in Asian trade on Tuesday, as traders pivoted into the dollar before U.S. inflation…
Exclusive-US probes 30 ship managers for suspected Russia oil sanctions violations
(Reuters) – The U.S. Treasury Department has sent notices to ship management companies requesting information about 100 vessels it suspects…
Crude oil edges higher; OPEC lifts demand growth forecast
Oil prices edged higher Monday, helped by bullish comments from OPEC, although renewed concerns over waning demand in the United…