By Nicole Jao NEW YORK (Reuters) – Oil prices fell nearly 1% in a volatile session on Wednesday as OPEC+ producers unexpectedly delayed a meeting on production cuts, raising questions about global crude supplies. futures settled 49 cents lower to $81.96 a barrel, after falling more than 4% to a…

By Max Hunder PAVLOHRAD, Ukraine (Reuters) -After more than a thousand of its workers went to fight Russia’s invasion, a coal mining enterprise in eastern Ukraine suffered a huge staff shortage. Its answer was to allow women to work underground for the first time in its history. Over a hundred…

By Ahmad Ghaddar, Maha El Dahan and Olesya Astakhova DUBAI/LONDON (Reuters) -OPEC+ has delayed a ministerial meeting expected to discuss oil output cuts to Nov. 30 from Nov. 26 as producers struggled to agree on production levels and hence possible reductions, OPEC+ sources said, a surprise delay that sent oil…

(Reuters) – Around 61,165 barrels of daily oil output from at least six producers, making up about 3% of production in the Gulf of Mexico, has been shut in by Third Coast Infrastructure’s underwater pipeline leak, the U.S. Coast Guard said on Wednesday. The oil producers whose facilities are impacted…

Investing.com– Oil prices extended recent losses into Asian trade on Thursday as unexpected delay in an upcoming OPEC+ meeting spurred uncertainty over just how much further the producer group intended to curb supplies. Some strength in the also weighed on oil markets, as a smaller-than-expected increase in weekly jobless claims…

Gold prices demonstrated resilience in Asian markets today, recovering from recent declines and approaching monthly peak levels despite lower trading volumes due to the Thanksgiving holiday. The halt in the US dollar’s advance comes amid growing expectations that the Federal Reserve may pause its aggressive rate hikes. The precious metal…

The global oil market is facing uncertainty as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) postponed their production-cut meeting to November 30. The decision came early Thursday, pushing West Texas Intermediate (WTI) crude prices down near $76.20, although they slightly recovered to around $77.20 later in…

Investing.com– Gold prices rose slightly in Asian trade on Thursday after pulling back from key levels in overnight trade as strong labor market data fueled uncertainty over the path of U.S. interest rates.  The yellow metal saw a strong run-up this week amid growing optimism that the Federal Reserve was…

By Pavel Polityuk and Gus Trompiz KYIV/PARIS (Reuters) – Ukraine’s efforts to revive sea exports in defiance of Russia’s military blockade have given a glimmer of hope to a teetering farm sector in which loss-making producers are abandoning some land in one of the world’s biggest grain belts. With no…

Ahead of a key OPEC+ meeting, the oil markets remained stable on Wednesday, with expectations that the group may continue production limits into the first quarter of 2024. The deliberations come in response to positive inventory trends and solid demand projections, despite Saudi Arabia’s waning influence in the market. Goldman…