By Scott DiSavino NEW YORK (Reuters) -Oil futures eased about 1% on Thursday, as traders took profits after prices soared to 10-month highs, and some worried that high interest rates may weigh on oil demand. On its second to last day as the front-month, futures for November delivery fell $1.17…

Investing.com – Gold fell to near 7-month lows Thursday as traders pushed the yellow toward mid $1,800 levels in a decisive break from the $1,900-an-ounce support decimated in the prior session. Gold’s most-active futures contract on New York’s Comex, , settled at $1,878.60 an ounce, down $12.30, or 0.6. Comex…

WASHINGTON (Reuters) – The U.S. Treasury on Thursday released new guidance on energy efficient home tax credits worth up to $5,000 per dwelling, showing that for builders to receive the full amount, the homes must be fully capable of supporting solar power, electric heat pumps, electric vehicles and other efficiency…

By Jarrett Renshaw and Nichola Groom (Reuters) -The Biden administration’s five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature just three in the final four years, the lowest number of auctions in the history of the program, according to three sources…

By Casey Hall and Dominique Patton SHANGHAI/BEIJING (Reuters) – The return of Australian barley imports to China has brought a happy buzz to at least one industry – brewers of craft beers who are hoping for a much-needed reduction in costs. The last three years have not been good to…

By Luiza Ilie BUCHAREST (Reuters) – Romania is moving air defences closer to its Danube villages across the river from Ukraine where Russian drones have been attacking grain facilities, and is adding more military observation posts and patrols to the area, two senior defence sources said. The measures, along with…

By Marc Jones LONDON (Reuters) – The equation for financial markets over the last few months has been simple and painful: A near 30% surge in oil prices + a steep rise in borrowing costs = a clattering for global stocks and bonds. Sub plots have included Saudi Arabia and…

MEXICO CITY (Reuters) – A resolution could be reached in March on a trade dispute between the United States and Mexico over the Mexican government’s policy on genetically modified corn, Mexican Economy Minister Raquel Buenrostro said on Friday. Washington has called in a dispute panel to settle its disagreement over…

Diesel, petrol, and illuminating paraffin prices in South Africa are expected to increase in October for the fourth and third consecutive months respectively, according to unaudited fuel data from the Central Energy Fund (CEF). The Automobile Association (AA) anticipates diesel to increase by around R1.60/liter, petrol by between 75c/l and…

By Andrew Osborn (Reuters) – Early on September 19, Azerbaijan’s president set in motion a lightning-fast military plan months in the making that would redraw the geopolitical map and avenge an ignominious defeat suffered by his father some 30 years before. In power for two decades and with one successful…