Investing.com — oil stocks likely fell by more than 11 million barrels last week while inventories of gasoline and distillates rose, petroleum industry group API said in a preliminary report Tuesday, as refiners maxed output ahead of the Labor Day holiday that typically marks the peak of summer driving. The…

Investing.com — Oil prices rose Tuesday, boosted by the potential for supply disruptions as Idalia strengthens to hurricane force as it heads towards Florida. By 09:15 ET (13:15 GMT), the futures traded 0.1% higher at $80.17 a barrel, while the contract climbed 0.2% to $84.06.  Idalia threatens supply disruptions Tropical…

Investing.com — Gold prices rose to a near three-week high on Tuesday, tracking some weakness in the dollar and Treasury yields as markets awaited a slew of key U.S. economic readings due later this week. The came off a near three-month peak this week amid some profit taking, while also…

By Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is considering extending until year-end fuel subsidies to keep gasoline prices below 180 yen a litre, while working on a supplementary budget to finance broader measures, three people with direct knowledge of the matter said. The sources, who declined to be identified because…

SANTIAGO (Reuters) – Heavy rains in Chile’s central south farming region last week may have caused at least $1 billion in losses, according to estimates by authorities and the industry. The extreme weather conditions led the government to declare a state of catastrophe last week as dangerous rains pounded isolated…

By Arathy Somasekhar (Reuters) – Oil prices were flat on Tuesday as worries that further possible U.S. interest rate hikes could pull down demand were countered by concerns a tropical storm off the U.S. Gulf Coast could impact supply. was 2 cents lower at $84.40 a barrel by 0032 GMT,…

(Reuters) -Florida is preparing for the arrival of Idalia, which is expected to strengthen into a major hurricane and make landfall early on Wednesday somewhere along the state’s Big Bend country, where the panhandle meets the peninsula. Expected to strengthen to a Category 3 hurricane, Idalia could deliver sustained winds…

By Florence Tan and Sudarshan Varadhan SINGAPORE (Reuters) -Oil prices ticked higher on Monday after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand. rose 19 cents, or 0.2%,…

Investing.com — Gold prices moved little on Monday as markets digested hawkish yet reiterative comments from the Federal Reserve, with a slew of major economic readings on tap this week.  Fed Chair Jerome Powell had warned on Friday that U.S. interest rates could still rise further to curb sticky inflation…

Investing.com– Oil prices rose slightly in early Asian trade on Monday as focus turned to economic readings from the world’s largest oil importer due this week, with U.S. oil futures within sight of the key $80 a barrel level.  Prices were still nursing two straight weeks of losses, as hawkish…