By Tibisay Romero YAGUA, Venezuela (Reuters) – Venezuela has received all the parts it needs to begin a maintenance program at the 146,000-barrel-per-day (bpd) El Palito refinery, with work expected to take about 20 days, oil minister Pedro Tellechea said on Monday. Venezuela’s state-run oil company PDVSA in 2022 began…

Investing.com — Oil prices cut losses to settle higher Monday, as fresh supply concerns following wave of retaliatory U.S. strikes against Iranian-backed militias in the Middle East helped offset a rise in the dollar on expectations that the Federal Reserve is likely to keep interest rates higher for longer. By…

(Reuters) -More than 350,000 homes and businesses were without electricity in California on Monday after a storm pounded the state with heavy rainfall and hurricane-force winds, initially knocking out power to more than one million customers, according to electric utilities and PowerOutage.us. The storm is the second so-called Pineapple Express…

By Shariq Khan NEW YORK (Reuters) – Oil prices rose about a dollar a barrel on Monday on concerns that tensions in the Middle East and Russia’s ongoing invasion of Ukraine could curb global supplies. futures settled higher by 66 cents, or 0.9%, at $77.99 a barrel and U.S. West…

MEXICO CITY (Reuters) – Mexico President Andres Manuel Lopez Obrador presented constitutional reforms in a speech on Monday, which is celebrated as Constitution Day nationwide. “The reforms that I propose seek to establish constitutional rights and strengthen ideals and principles related to humanism, justice, honesty, austerity and democracy,” he said…

By Tom Polansek CHICAGO (Reuters) – The U.S. is detecting fewer cases of avian flu in wild birds that transmit the virus to poultry flocks, the agriculture department said, a potentially positive development for farmers and consumers after a two-year outbreak. A top official warned that risks remain high, though,…

By Laura Sanicola (Reuters) -Oil prices settled slightly higher after a choppy trading session on Wednesday as investors worried about global trade disruption and tensions in the Middle East following attacks on ships by Yemen’s Iran-aligned Houthi forces in the Red Sea. Limiting price gains were a surprise inventory build,…

Investing.com — Oil prices settled higher Wednesday, but upside momentum was stifled by an unexpected jump in U.S. crude supplies that fueled fresh concerns about growing global output outpacing demand.  By 14:30 ET (19:30 GMT), the futures settled 0.4% higher at $74.22 a barrel and the contract climbed 0.59% to…

Investing.com– Gold prices moved little in Asian trade on Thursday, sticking to a trading range established over the past week as markets speculated over just when the Federal Reserve will begin trimming interest rates. The yellow metal stuck to a range between $2,000 and $2,050 an ounce seen over the…

By Miguel Gomes, Ahmad Ghaddar and Alex Lawler LUANDA/LONDON (Reuters) – Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for further output cuts to prop up oil prices. Angola’s Oil Minister Diamantino…