Investing.com — Gold prices dipped Wednesday but held above the key $1,900 support after data showed U.S. inflation grew for a second month in a row, causing the Federal Reserve some discomfort but enough analysts said to drastically change the central bank’s outlook on rates. Gold’s most-active futures contract on…

Investing.com — U.S. jumped nearly 4 million barrels in the just-ended week, the first surge in five weeks, and fuel inventories rose by as much or more, indicating lower demand as the peak summer driving season drew to a close, the government reported on Wednesday. The rose by 3.955M barrels…

Investing.com – The oil rally hit a bump on Wednesday as U.S. oil production hit new three-year highs last week and a weekly reading for crude stockpiles rose for the first time in five weeks as the peak summer driving season drew to a close. London-traded settled at $91.88 per…

By Riham Alkousaa and David Stanway BERLIN (Reuters) – The Earth’s life-support systems are facing greater risks and uncertainties than ever before, with most major safety limits already crossed as a result of planet-wide human interventions, according to a scientific study released on Wednesday.     In a “health check” for…

By Stephanie Kelly NEW YORK (Reuters) -Oil prices edged lower on Wednesday, after earlier hitting a 10-month high, as a surprise build in inventories offset expectations of tight crude supply for the rest of the year. International benchmark futures dipped 18 cents to settle at $91.88 a barrel. Its session…

By Gavin Maguire LITTLETON, Colorado (Reuters) -EU Commission chief Ursula von der Leyen announced an anti-subsidy probe into Chinese electric vehicles (EV) on Wednesday, and declared Europe will do “whatever it takes to keep its competitive edge” at the European Parliament. To be sure, China’s share of the European EV…

Gold futures fell for a second consecutive session on Wednesday, settling at a fresh three-week low. The most-active contract prices reached their lowest since August 22, 2023, according to Dow Jones Market Data. The downturn in gold prices comes as the latest U.S. consumer price index data failed to provide…

By David Brunnstrom WASHINGTON (Reuters) – The U.N. human rights expert for Myanmar on Wednesday called on the United States to further tighten sanctions on the country’s military rulers to include their main revenue source, the state oil and gas enterprise. U.N. Special Rapporteur Tom Andrews, a former member of…

By Arathy Somasekhar and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rebounded on Thursday as markets turned their attention back to a tighter crude supply outlook for the rest of 2023 with demand set to stay robust through to next year. futures rose 36 cents, or 0.4%, to $92.24 a barrel…

Investing.com– Oil prices rose slightly in Asian trade on Thursday as the prospect of tighter supplies helped traders look past concerns over rising U.S. inflation, while focus remained on more upcoming economic data from the U.S. and China.  Crude prices saw some consolidation in the prior session, as data showed…