Commodities
By Jake Spring and David Stanway (Reuters) – Air pollution, a global scourge that kills millions of people a year, is shielding us from the full force of the sun. Getting rid of it will accelerate climate change. That’s the unpalatable conclusion reached by scientists poring over the results of…
By Ron Bousso LONDON (Reuters) – Chevron (NYSE:) is negotiating contracts to supply liquefied (LNG) into Europe for up to 15 years as buyers expect the region to rely on imports for longer than previously thought, an executive at the U.S. oil and gas company said. The new willingness by…
By Sonia Rolley (Reuters) -A Canadian start-up run from a private home was chosen by Democratic Republic of Congo for a technically complex project to extract methane from the deep waters of a volatile lake, despite the company not meeting the tender’s financial criteria, documents seen by Reuters show. President…
By Gloria Dickie LONDON (Reuters) – Climate change is accelerating and the world will cross the 1.5 degrees Celsius (2.7 Fahrenheit) warming threshold this decade, according to research published on Thursday that scientists said should raise alarms at this year’s COP28 climate talks. Countries pledged in the 2015 Paris Agreement…
PARIS (Reuters) – Mexico reported its first outbreak this season of the highly pathogenic H5N1 bird flu on a farm, the World Organisation for Animal Health (WOAH) said on Thursday, just a month after Mexico declared it was free of the disease. The outbreak detected in the northwestern state of…
Investing.com — Oil prices settled higher Thursday, rebounding from a one-month low spurred by lower dollar after traders priced in a diminished chance of more interest rate hikes from the Federal Reserve following a pause on hikes a day earlier. By 18:30 ET (18:30 GMT), the futures settled 2.5% higher at…
By Shariq Khan BENGALURU (Reuters) – Oil prices gained more than $2 a barrel on Thursday, breaking a three-day declining streak as risk appetite returned to financial markets a day after the U.S. Federal Reserve kept benchmark interest rates on hold. futures rose $2.22, or 2.6%, to settle at $86.85…
By Nia Williams and Ismail Shakil OTTAWA (Reuters) – The Canada Energy Regulator (CER) on Thursday ordered the Trans Mountain oil pipeline expansion project to stop work in a wetland area near Abbotsford, British Columbia, after inspectors found several environmental and safety-related non-compliances. The order is the latest hold-up for…
Investing.com — Oil prices fell Friday, racking up a second-straight weekly loss as easing concerns about Middle East supply disruptions took center stage offsetting the boost from a swing lower in the dollar following a weaker monthly jobs report. By 2:30 ET (18:30 GMT), the futures settled…
Investing.com– Gold prices steadied on Friday as traders hunkered down before key nonfarm payrolls data, with the yellow metal headed for a weekly loss as risk appetite improved in the wake of dovish signals from the Federal Reserve. While gold saw some relief from a drop in the and ,…