Oil prices set for second straight weekly gain after U.S. data
(Reuters) – Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand…
Pentagon has strategic germanium stockpile but no gallium reserves
(Reuters) – The Pentagon holds a strategic stockpile for germanium but currently has no inventory reserves for gallium, a spokesperson…
Oil edges lower as market digests higher risk of US rate hike
(Reuters) – Oil prices edged lower on Thursday as the market digested the higher likelihood of a U.S. rate hike…
Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown
(Reuters) – OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its…
Where are strategic materials germanium and gallium produced?
(Reuters) – China said on Monday it will impose export restrictions on some gallium and germanium products from Aug. 1…
Oil rises as market weighs supply cuts against gloomy economic outlook
(Reuters) -Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and…
Crude oil higher; U.S. holiday limits trading ranges
Oil prices traded higher Tuesday as the decision by a series of top producers to cut supply has boosted sentiment,…
Biden’s green hydrogen plan hits climate obstacle: Water shortage
(Reuters) – The Biden administration’s climate agenda is facing an unexpected challenge in drought-prone Corpus Christi, Texas, where a proposed…
Oil rallies on Saudi and Russian output cuts for August
(Reuters) – Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August, overshadowing concern…
Crude oil higher; helped by softening U.S. inflation data
Oil prices rose Friday, helped by signs that U.S. inflation is cooling, potentially opening the possibility of the Federal Reserve…