Oil markets grapple with OPEC discord and production quota delays
The energy sector is facing heightened uncertainty as disagreements among OPEC members over production quotas have led to a postponed…
EBRD boosts Naftogaz with €200 million loan for gas reserves
The European Bank for Reconstruction and Development (EBRD) has signed a deal to provide Ukrainian state energy company Naftogaz with…
Oil slips 1% on growing angst over delayed OPEC+ meeting
(Reuters) – Oil prices dipped about 1% on Thursday, extending losses after postponement of an OPEC+ meeting stoked expectations that…
Exclusive-Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny
(Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S.…
Gold prices rally on Comex amid softer dollar and Fed outlook
The precious metals market saw a mix of trends today, with spot gold prices in India decreasing, while futures showed…
Oil prices steady in pre-Thanksgiving trade ahead of OPEC+ cuts
(Reuters) – Oil prices stayed within a narrow range on Wednesday in quiet pre-U.S. Thanksgiving holiday trading, as the market…
Ukraine’s coal mines turn to women to solve wartime staff shortages
(Reuters) – After more than a thousand of its workers went to fight Russia’s invasion, a coal mining enterprise in…
Gold and silver prices rise as dollar weakens ahead of Fed minutes
Amid a weakening US dollar and anticipation of the Federal Reserve’s upcoming meeting minutes, gold and silver prices have seen…
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…