A look at the day ahead in U.S. and global markets from Mike Dolan The weekend’s Middle East shock adds another confusing twist to an already complicated global markets picture, but the initial jump in oil prices has been relatively modest so far as investors assess the geopolitical implications. oil…

By Anthony Boadle BRASILIA (Reuters) – Brazil’s first Indigenous cabinet minister is urging President Luiz Inacio Lula da Silva to veto a bill pushed through Congress by the farm lobby that she and Indigenous leaders warn would undermine ancestral land rights and threaten their way of life. The bill, which…

By Marianna Parraga, Diego Oré and Mayela Armas HOUSTON/MEXICO CITY/CARACAS (Reuters) – Venezuela’s government is set to approve a return to Mexico-based negotiations with the country’s political opposition, almost a year after the last meeting, six sources with knowledge of the matter said in recent days. The talks between President…

Investing.com – Gold settled above the mid $1,800 level on Monday in response to the Israel-Hamas war, but the rally in the safe-haven would depend on how far the crisis expands to impact oil and other global markets, analysts said. Gold’s most-active contract on New York’s Comex, December, settled up…

Investing.com – Crude prices were up 4% Monday as the latest Middle East crisis  reintroduced geopolitical risk into the oil trade in a way unseen in years, resetting markets that just days ago were depressed more by concerns over the global economy. New York-traded West Texas Intermediate, or , crude…

By Arathy Somasekhar HOUSTON (Reuters) -Top U.S. oil producer Exxon Mobil (NYSE:)’s planned acquisition of the No. 1 Permian shale producer Pioneer Natural Resources (NYSE:) could further restrain output growth in the largest U.S. oilfield, squeezing pipeline companies and suppliers, executives and energy advisors said. Consolidation, steep cost inflation and…

By Vivian Sequera, Andrew Mills and Marianna Parraga CARACAS/DOHA/HOUSTON (Reuters) – Venezuela and the U.S. have progressed in talks that could provide sanctions relief to Caracas by allowing at least one additional foreign oil firm to take Venezuelan for debt repayment if President Nicolas Maduro resumes negotiations with the opposition…

SINGAPORE (Reuters) – The global coal industry may have to shed nearly 1 million jobs by 2050, even without any further pledges to phase out fossil fuels, with China and India facing the biggest losses, research showed on Tuesday. Hundreds of labour-intensive mines are expected to close in the coming…

Gold prices continued to surge on Tuesday, reaching $1,862.8 per ounce for and $1,876.9 for US . The escalation of the conflict in the Middle East between Israel and Hamas has increased safe-haven demand for assets like gold and oil. This follows Monday’s significant one-day jump in gold prices, marking…

By Philip Blenkinsop BRUSSELS (Reuters) – The European Union is planning anti-subsidy investigations into steelmakers producing to excess in countries such as China as part of an agreement with the United States to end Trump-era tariffs, two EU officials said on Tuesday. The Financial Times reported on Tuesday that the…