BRASILIA (Reuters) – The Brazilian Air Force said on Tuesday it fired warning shots at a plane and forced it to land for violating a no-fly ban over the Yanomami Indigenous reservation where illegal gold miners have been returning despite federal efforts to keep them away. Two bursts of machine…

Investing.com — U.S. crude stockpiles fell much more than expected last week, the API reported Tuesday, just as markets brace for the U.S. response to a deadly drone on its forces earlier this week.     , the U.S. benchmark, traded at $77.78 a barrel following the report after settling up…

By Marianna Parraga and Mayela Armas HOUSTON/CARACAS (Reuters) – A reimposition of U.S. sanctions on Venezuela’s oil and gas sectors would hurt the OPEC country’s ability to collect cash from its oil exports, crimp new energy investments and raise the risks of domestic fuel scarcity, analysts and executives said. Washington…

By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset concerns around Chinese demand. March futures, which expire on Wednesday, rose 47 cents to settle at $82.87 a barrel. The more active April contract…

By David Lawder WASHINGTON (Reuters) – The U.S. and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with talks to create a transtlantic marketplace for minerals and other components, the EU’s top trade official said on Tuesday. European…

By Shariq Khan NEW YORK (Reuters) – A bitter January cold snap that knocked out 15% of Gulf Coast refining capacity had little effect on fuel prices, with two months of rising stockpiles helping U.S. markets avoid the extreme volatility seen during recent winter freezes. Fuel price surges from extreme…

ZURICH (Reuters) – Switzerland will ban the import of Russian diamonds in line with the latest round of European Union sanctions designed to punish Moscow for its invasion of Ukraine, the government said on Wednesday. Bern has agreed to adopt the 12th round of sanctions implemented by the EU in…

By Ana Mano SAO PAULO (Reuters) – An agency tasked with patrolling federal roads in Brazil has reported a surge in volumes of illegal pesticides seized from criminals in the last eight years, including a record 358 metric tons apprehended in 2022 when the country harvested close to 300 million…

By Laura Sanicola (Reuters) -Oil prices settled lower on Wednesday, pressured by low economic activity in leading crude importer China and a surprise build in inventories as producers ramped up output following frigid weather this month. futures for March, which expire on Wednesday, settled down $1.16, or about 1.4%, to…

Investing.com — Oil prices settled lower Wednesday, following an unexpected build in U.S. crude inventories, but snapped a three-month losing streak as a cocktail of geopolitical tensions kept global crude supply risks elevated. By 14:30 ET (19.30 GMT), the futures settled 2.5% lower at $75.85 a barrel, though was up…