Investing.com – Gold hit seven-month lows Friday before rebounding to finish the day higher and the week lower. Since October began, it had been a torrid time for the yellow metal, with the potential for the Federal Reserve to hike rates again amplified by US jobs data which sent Treasury…

Investing.com – Things are beginning to look up for the bull, after months and months of haplessness. America’s favorite fuel for indoor heating and cooling reinforced its hold on $3 pricing on Friday as futures on the New York Mercantile Exchange’s Henry Hub scored double-digit gains for a second straight…

By Svea Herbst-Bayliss, Tommy Wilkes and Simon Jessop BOSTON (Reuters) – Exxon Mobil (NYSE:)’s $60 billion bid for Pioneer Natural Resources (NYSE:) would expand the top U.S. oil producer’s footprint in the country’s biggest oilfield, raising questions for shareholders over its transition to low-carbon energy. Negotiations between Exxon and Pioneer…

By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil’s investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off. In the last four years energy investors have dumped stocks in oil…

By Diane Bartz and David French (Reuters) – The White House may have blamed Exxon Mobil (NYSE:) for high energy prices taking their toll on consumers, but would struggle to thwart the top U.S. oil producer’s contemplated $60 billion acquisition of Pioneer Natural Resources (NYSE:), five antitrust lawyers and experts…

By Eric Onstad LONDON (Reuters) – The United States and partners are working on 15 projects to secure supplies of critical minerals needed for electric vehicles and the energy transition, a senior U.S. official said on Thursday. The Minerals Security Partnership (MSP) formed last year by 14 governments aims to…

Investing.com – The Saudi braggadocio that they can keep surprising the oil market with higher and higher production cuts may have actually done them in. Crude prices fell another 2% on Thursday, adding to the previous session’s 6% plunge — which was already the most in a year — as…

(Reuters) – Canada welcomed on Thursday a trade dispute panel ruling which said the U.S. should review parts of its policy on softwood lumber which includes duties on most such products exported from its northern neighbor. The duties are the legacy of a decades-long trade dispute over the structure of…

By Sudarshan Varadhan SINGAPORE (Reuters) -Oil prices were on track for their steepest weekly decline since March despite rising on Friday, as a U.S. bond market sell-off sparked concerns of a global economic slowdown and worries about a sharp fall in fuel demand. Both benchmarks had surged to 2023 highs…

Investing.com – Crude prices edged higher on Friday amid deep weekly losses left by one of the oil market’s worst tumbles for the year. With September US jobs data, due later on Friday, being the final major development for this week awaited by markets, some support emerged for oil markets…