European CEOs, lawmakers add to pressure on Biden to hike climate target
European politicians, companies and trade unions on Tuesday called on the United States to slash its greenhouse gas emissions by at least 50% this decade, adding to mounting pressure...
Oil prices drop as coronavirus caseloads rise
Oil slipped on Monday in thin trading as rising COVID-19 case numbers in some parts of the world kept a lid on prices, even as the Federal Reserve signalled...
Oil prices edge down as investors weigh rising supplies, demand outlook
Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the COVID-19 pandemic.
Brent crude...
Oil falls after U.S. gasoline stocks surge against expectations
Crude prices fell on Thursday after official data showed a big increase in U.S. gasoline stocks, sparking concerns about demand weakening in the world’s biggest oil consumer as crude...
Oil prices rise on stronger economic outlook, U.S. stockpile draw
Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19 vaccinations and a report that crude inventories in the United States, the...
Suez Canal may expand southern channel, chairman says
The Suez Canal Authority is considering expanding the southern section of the waterway where the container ship Ever Given became stranded, its chairman said on Tuesday.
Stocks gain after bumper U.S. jobs data, bonds smell Fed trouble
Global stock prices rose to a 1 1/2-month high on Monday after data showed a surge in U.S. employment while U.S. bonds came under pressure on worries the Federal...
UPDATE 1-Chinese iron ore down 10% on the week while steel hits record highs
* Dalian iron ore down 10.1% this week
* Capacity utilisation rates at 163 mills hit 1-1/2 year low
* Steel rebar and...
Oil gains as OPEC+ meets to decide on production policy
Crude prices rose on Thursday, recouping some of the previous session’s losses as hopes grew that OPEC and its allies later on Thursday would decide to keep curtailing production...
Oil prices gain on expectations OPEC+ will keep lid on output
Oil prices rose on the eve of meeting between OPEC and its allies, as investors were betting the producers would largely agree to extend their supply curbs into May.
